by Financially Sorted | Jul 30, 2024 | Business, Economy, Finance, Interest Rates, Land Tax, Superannuation, Tax & Accounting, Tax Returns
Will 2024-25 be another year of volatility or a return to stability? Personal tax & super As you would be aware (at least we hope so after a $40m public education campaign), the personal income tax cuts came into effect on 1 July 2024. At the same time, the...
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...
by kirstyb | Mar 28, 2023 | Finance
Here’s what may happen to your savings, super, etc. if you die? Few people like to think about their own death, especially if they’re young and without any health problems. So you may ask, why young adults should consider creating a Will? Think about it...
by kirstyb | Mar 28, 2023 | Economy, Finance
The cost-of-living pressures can be challenging to manage, but there are a few strategies you can use to ease the burden, as we list 6 ways to ease the cost of living pressures. 1. Create a budget Start by tracking your income and expenses, and then create a budget...
by kirstyb | Feb 27, 2023 | Economy, Finance, Housing Prices, Interest Rates, Property Investment, Tax & Accounting
With house prices now easing a little from the highs of some 12-18 months ago, many properties still remain high, especially in the most desirable areas. According to CoreLogic, which monitors housing prices across Australia, our biggest capitals, being Sydney and...
by kirstyb | Sep 21, 2022 | Finance, Housing Prices, Property Investment
As we are preparing many income tax returns for FY 2022, we would like to highlight 10 tips to avoid rental property tax mistakes. Avoiding these 10 common mistakes will save you time and money. 1. Apportioning expenses and income for co-owned properties. If you own a...