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 | May 30, 2024 | ATO, EOFY, Property Investment, Tax Returns
The Australian Taxation Office (ATO) are looking closely at expenses related to rental property including interest apportionment for private expenditure, depreciation for initial repairs and other capital deductions, and borrowing expenses. Avoiding these common...
by kirstyb | Jun 2, 2023 | Tax & Accounting, Tax Returns
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,...
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 | Tax & Accounting, Tax Returns
Tax time. it can be filled with a lot of confusion and questions, like why you need to lodge an income tax return? What do I get out of it? Lodging an income tax return is important for several, here are some reasons why. To comply with the law If you earn income...
