by Financially Sorted | May 3, 2022 | ATO, Finance, Interest Rates, Tax & Accounting, Tax Returns
Typically, you would expect that you would earn an income and grow your assets until you retire and then those assets would be depleted over your retirement, possibly with some left for your loved ones when you pass. One thing you need to include is insurance risks...
by Financially Sorted | May 1, 2022 | ATO, Tax & Accounting, Tax Returns
How To Write A Financial Plan Being truly Financially Sorted is so much more than just submitting your annual income tax return. It should include superannuation, insurances, Government entitlements, wills and estate planning, investment advice, and so much more....
by Financially Sorted | Mar 31, 2022 | Business, Business Support, Small Business, Tax & Accounting, Tax Returns
Benefits of Tax Planning to Improve Your Business Tax planning can have some great benefits for any business, large or small. It involves evaluating the business’s current financial situation, estimating probable profit or loss for the next quarter, and drawing up...
by Financially Sorted | Mar 31, 2022 | ATO, Tax & Accounting, Tax Returns
The Importance of Tax Planning to Get the Most Out of Your Tax Return Being hit with a tax bill, especially if it is higher than what you expected isn’t fun and being expected to pay it in 2 weeks is even worse. This is one of the main reasons why tax planning is...
by Financially Sorted | Feb 28, 2022 | Housing Prices, Property Investment, Tax Returns
The purchase of an investment property will be one of the biggest decisions of your life, both emotionally & monetary. Once purchased you can maximise your claim and get the most out of tax deductions. It is therefore imperative that you get it right! There are so...