And just like that 2021/2022 financial year is in full swing. Before you let the year get away, it might be best to start thinking about some record keeping! I know, we nag and nag but it really does make the world of difference if you keep track of your deductions as they occur rather then scrambling through your emails, or a drawer full of paperwork for 12 months' worth of expenses!

We live in the world of technology, computers, and phones. Record keeping can be as simple as taking a photo of your receipts with your phone and adding them to a photo album within your photos and naming it for tax purposes. Then come 30 June, you have all your receipts in one spot!

There are also heaps of phone apps available to keep track. The ATO have released a myDeductions app which is free and easy to use. You can even track your work kilometres travelled and export a file to send to us at the end of the year. More details on the ATO app can be found here https://www.ato.gov.au/general/online-services/ato-app/mydeductions/