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 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 kirstyb | Feb 27, 2023 | ATO, Business, Business Support
An area that often gets private companies into hot water, is the blurred line between the company’s money and the owner’s money. This is an area that many clients often tend to get wrong and is a frequent item on the ATO’s radar. This is what is referred to as...
by kirstyb | Jan 31, 2023 | ATO, Economy, Interest Rates
Interest Rates – They Just Keep Rising… Rising interest rates are on everyone’s mind. But are rising mortgage interest rates something to be scared of? We thought that we would answer some of the more common questions that the team are being asked. What is the best...
by kirstyb | Jan 31, 2023 | ATO, Tax & Accounting
On Thursday 3 November 2022, the ATO announced draft changes to the work from home expense claim methods. Find out what this could mean for your 2022-23 individual tax return What are the key changes proposed? Australian taxpayers looking to claim work from home...