The 2024 Tax Time toolkit includes useful information, tools, calculators, learning resources, and other support and services. This toolkit is your one-stop-shop for help during tax time and throughout the year.
You'll find updated fact sheets to help you if you're claiming a deduction for:
- home-based business expenses
- motor vehicle expenses for your business
- business travel expenses
- digital product expenses for digital products you use to run your business.
Fact sheets are also available to guide you through:
- using business money or assets – if you’re a director or shareholder of a company that operates a small business, and you take money out of your company or use its assets
- pausing or permanently closing your business.
There’s also information for primary producers about:
- landcare and riparian maintenance expenses
- expenses relating to preventing and preparing for fire emergencies
- tree farming (forestry operations) income and expenses.
If you have employees, encourage them to check out our occupation-specific guides and common deduction fact sheets. These resources can help them work out their work-related expenses when competing their tax returns.
If you still have questions on how to get ready for tax time, you can speak with a registered tax professional.