by kirstyb | Aug 7, 2023 | Superannuation
What are the Superannuation contribution Levels for 1 July 2023? The contribution levels for superannuation in Australia are subject to annual caps and limits set by the Australian Taxation Office (ATO). These contribution limits apply to both concessional...
by kirstyb | Aug 7, 2023 | Superannuation
In Australia, the age at which you can access your superannuation (retirement savings) depends on your “preservation age.” The preservation age is the minimum age at which you can access your superannuation, provided you have met a condition of release....
by kirstyb | Jul 24, 2023 | ATO
Understanding your ATO notice of assessment can change how your tax is calculated. A Notice of Assessment is generally issued to us individually by the ATO when we lodge, and the ATO ultimately processes our individual income tax return. Recently, the ATO confirmed...
by kirstyb | Jul 24, 2023 | Finance, Tax & Accounting
We are here to provide clarity and simplicity when it comers to understanding the increase of ASIC fees. There has been an increase with Consumer Price Index (CPI), ASIC increases its fees each year from 1 July. Below is a list of fees for some of our most frequent...
by kirstyb | Jun 2, 2023 | Finance, Tax & Accounting
At Financially Sorted, we understand that loans can be a valuable financial tool. You can’t live with them or without them. They provide individuals and businesses with the necessary funds to achieve their goals. However there can be several problems associated with...