by Financially Sorted | Nov 25, 2024 | Business, Economy, Small Business, Tax & Accounting
The holiday season can be a boom for small businesses, but it also brings cashflow challenges. With increased demand, you’ll need to manage expenses for inventory, staffing and more. Here are some key tips to help you maintain a healthy cashflow during this busy time....
by Financially Sorted | Oct 28, 2024 | Small Business, Tax & Accounting
As the holiday season fast approaches, many small business owners are organising their Christmas parties to celebrate with their teams. While the festive spirit is in the air, have you considered the tax implications of your celebrations? Be aware, hosting a Christmas...
by Financially Sorted | Oct 28, 2024 | Economy, Small Business, Tax & Accounting
This tax season has seen many of our clients expressing concern about cashflow. Many small business owners are finding the cost of doing business more expensive and cashflow is a key concern. There are some key areas to focus on if you are finding cashflow...
by Financially Sorted | Sep 24, 2024 | Business, Small Business, Superannuation, Tax & Accounting
Beyond the emotional and financial turmoil that any divorce creates, there are a number of issues that need to be resolved. What happens when there is a family company? For couples that have assets tied up in a company, the tax consequences of any settlements paid...
by Financially Sorted | Aug 27, 2024 | Economy, Small Business
In today’s economic climate, many small business owners are seeking additional sources of income to alleviate cash flow challenges. One potential solution is passive income, which can provide financial support with minimal ongoing effort. Let’s take a...
by Financially Sorted | Aug 27, 2024 | ATO, Business, Single Touch Payroll, Small Business
Managing payroll is essential for any small business. It ensures your team is paid correctly and on time, and it keeps your business compliant with the ATO. However, payroll can be tricky, and mistakes can lead to financial penalties and unhappy employees. Here’s a...
