by Financially Sorted | Apr 29, 2026 | Uncategorized
By Peter Locandro In Australia, the financial year (also known as the income year) runs from 1 July to 30 June, and your income tax return for that period must reflect all income earned and deductions claimed within those exact dates. This makes the weeks leading up...
by Financially Sorted | Apr 29, 2026 | Government Legislation
Source: NTAA Voice Magazine With a Federal Budget due next week, we have heard rumours that changes to our taxation legislation are on the way. A recent white paper released on tax reform proposes the following: Reducing the tax on working income by cutting the lowest...
by Financially Sorted | Apr 1, 2026 | Financial Planning
By Peter Locandro, Financially Sorted CEO As the saying goes there are two certainties in life… death and taxes. So how do we lessen the burden of both on those we leave behind? Unfortunately, through the recent loss of a long-time friend, I was introduced to...
by Financially Sorted | Apr 1, 2026 | Financial Planning
By Peter Locandro, Financially Sorted CEO Picture this: something unexpected happens, and your family is left trying to piece together your finances — your home, your super, your accounts, your intentions. Not because anything went wrong but simply because you...
by Financially Sorted | Apr 1, 2026 | ATO, Government Legislation, Property Investment
For many Australians, a holiday home acts as two things. It’s a place to escape with family and friends, especially during the summer holiday months and the rest of the year it’s listed as a holiday rental for others to enjoy to help cover the costs. Until recently,...
