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Understanding Your ATO Notice of Assessment and the Impact on Your Finances
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...
Understanding Loan Terms and Conditions
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...
The Importance of Lodging a Tax Return: Benefits & Financial Responsibility
It’s that time of year again when your 2022 income tax return must be lodged. At Financially Sorted, our expert accountants with many years experience always will make sure you fulfilling your tax obligations. We are here to show the importance of lodging a ta return,...
Should I Leave Saving Super Until I Am Older?
Superannuation is an important part of retirement planning, and the earlier you start saving, the more time your money has to grow through compound interest and earnings. Many working aged people are asking themselves should I use my money to live, or. Should I leave...
Can I access my Super before retirement
One question that often arises is when saving for your Superannuation is that can I access my Super before retirement? In general, you cannot access your superannuation before your preservation age unless you meet certain conditions of release. Your preservation age...
What will happen to my super if I die?
At Financially Sorted, we understand that planning for the future is a crucial aspect of financial well-being. So, what happens to your super when you die? The treatment of your superannuation after your death depends on several factors, such as your age, the type of...
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