Mobile money saver app

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March 2016

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COMPLETING TAX returns will soon be easier. A new myDeductions tool is set to be launched within the ATO’s phone app.

Federal Member for Lyons Eric Hutchinson is encouraging taxpayers to tally work-related deductions using the myDeductions tool.

“The new financial year will be the first time we can use the myDeductions tool to help complete tax returns,” he said.

“Work-related expenses in the myDeductions tool can be uploaded when tax returns are being filled in, or sent directly to tax agents.”

To get started visit www. ato.gov.au/mydeductions.