It is important for all taxpayers to keep all appropriate records, the ATO advisers that you keep these records for five years from when you lodge your tax return. A new and easy way to achieve this is with the ATO app.
This app makes it easier and more convenient to keep your tax deductions and income records all in one place.
If you’re an individual taxpayer, small business owner or self-managed super fund trustee, you can also, access relevant tax and super information and tools in one place.
Other features include ABN lookup, business performance checks, fuel tax credit calculator, key dates and much more.
Find out more about the app, including:
For more info go to the ato website https://www.ato.gov.au/general/online-services/ato-app or call us on 02 66589829.