by Financially Sorted | Oct 30, 2023 | Business, Business Support, Small Business
The technology investment boost and skills and training boost for small businesses is now law. On 29 March 2022, as part of the 2022–23 Budget, the then government announced it would support small business through these new measures. The measures became law on 23 June...
by Financially Sorted | Oct 1, 2023 | Business, Small Business, Tax Returns
ATO is cracking down on tradies – Here’s what you need to know? Businesses can currently claim a tax exemption on work Utes and even Vans, but the ATO is cracking down on their private use. The popularity of many purchasing Utes & Vans has sparked a...
by Financially Sorted | Sep 1, 2023 | Business, Small Business, Tax & Accounting
People can experience cash flow problems for various reasons, and these issues can affect individuals, businesses, and organisations. Common reasons why people might have cash flow problems: Irregular Income: People with irregular income sources, such as freelancers...
by kirstyb | Nov 30, 2022 | ATO, Business, Small Business
It can be hard to know when to register GST for your business. Were here to break it down in simple terms on what do to. Many businesses in Australia are registered for Goods and Services Tax (GST) however, there are businesses that fall below the $75,000 GST...
by kirstyb | 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 kirstyb | Sep 1, 2022 | Business, Business Support, Small Business
We have all gone through a horrid time over the past 2 and half years. As such reviewing where your business is, you may need to restart it. Here are some tips to understand if your business need a restart? Let’s Review When reviewing what has happened &...