by Financially Sorted | Nov 14, 2022 | SMSF, Superannuation
Should You Consolidate Your Super? With Superannuation, it is best to get the most out of it. Here are a few things you should know before consolidating your super. Fewer accounts could mean fewer super fees If you’ve ever changed personal details like your name,...
by Financially Sorted | Nov 14, 2022 | SMSF, Superannuation
Whether you’re 26 or 66, knowing how your super balance stacks up against others your age and what you should be aiming to have at your age, can help you determine if you’re on track towards being able to fund a ‘comfortable retirement’. How much super do I need for a...
by Financially Sorted | Sep 21, 2022 | Business, Business Support, Small Business
Time to Apply for a Director ID Number is now. Be Aware, Time is Running Out – 30th November 2022 is fast approaching! Director Identification Number As part of its Digital Business Plan, The Australian Government announced the full implementation of the...
by Financially Sorted | Sep 21, 2022 | Finance, Housing Prices, Property Investment
As we are preparing many income tax returns for FY 2022, we would like to highlight 10 tips to avoid rental property tax mistakes. Avoiding these 10 common mistakes will save you time and money. 1. Apportioning expenses and income for co-owned properties. If you own a...
by Financially Sorted | Sep 21, 2022 | SMSF, Superannuation
It’s important to know how much savings you have when retiring. Do you need to Budget? Can You Live on The Age Pension? As of August 2022, the full rate of the age pension for a single person, including all supplements, is $25,677.60 a year. Single people (with...