Sole trader tax information

How do I find out what receipts I should keep now that I want to operate as a sole trader and what should be declared as is tax deductible?

What business do you do and where do you work from?

I am going to be importing baby products to sell. I will be working from home.

You would be able to deduct any business expenses incurred in generating your income eg. telephone, postage, internet, advertising, etc Be sure to apportion for business and personal use and claim only the business portion.

Work through the link Can I deduct home office expenses? to see how to deduct home office expenses too.