by Financially Sorted | Jun 3, 2026 | Business, Small Business
With global fuel supply chains still under strain from conflict in the Middle East, many Australian businesses are feeling the impact through higher operating costs, delayed deliveries and pressure on cash flow.To help stabilise affected sectors, the ATO have...
by Financially Sorted | Jun 3, 2026 | Business, Small Business
ASIC has cautioned business owners to be alert to a growing trend of third-party businesses targeting companies with annual company review letters appearing to be an official government bill from the regulator. It has been exposed that business owners are being sent...
by Financially Sorted | Jan 11, 2026 | Business, Single Touch Payroll, Small Business, Superannuation
The ATO has revealed that almost $1.1 billion in unpaid super has been returned to nearly one million Australians across the 2024-25 financial year. In the same financial year, $209 million were raised in penalties. Paying correct super entitlements on time is no...
by Financially Sorted | Jan 11, 2026 | Business, Economy, Government Legislation, Small Business
For years, businesses have been moving away from cash – and for good reason. Digital payments are quick, traceable and cut down on the risk of theft or counting errors. But that tap-and-go world might soon have to make room for notes and coins again. The Government...
by Financially Sorted | Oct 30, 2025 | ATO, Business, Small Business, Tax & Accounting
As the year wraps up, many business owners want to thank their employees and clients for their support. Before you start wrapping gifts or planning a celebration, it’s worth understanding the tax rules that apply especially when it comes to fringe benefits tax (FBT)...
by Financially Sorted | Jul 28, 2025 | ATO, Small Business, Tax & Accounting, Tax Returns
For individuals such as property investors and small business owners the possibility of undergoing a tax audit from the Australian Taxation Office (ATO) is a legitimate concern. Audits require substantial time and effort and may also incur considerable expenses as the...