I doubt I will have many deductions as it's a WAM business so they'll like me lol
If I apply for a sole trader ABN then decide not to do this, I don't have to do the business side every year bc I have the number right?
You don't have to do anything in your tax return if you don't have activity. Simply having an ABN doesn't mean you need to report activity. However if your ABN is inactive for some time, ATO may cancel it.
Expenses I would claim for a WAHM would be things like the cost of goods sold, obviously if you're in retail, and then: home office maintenance, Internet, mobile phone, stationery & office supplies, computer supplies, depreciation on office furniture & computer equipment / laptop / iPad, a % of your groceries as "staff amenities", marketing & advertising, then if you need to travel for the business to pick up supplies or for research purposes (like checking out other businesses, or meeting with potential partners), car expenses, tolls, parking, car wash, public transport..
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