2019 Tax Notes

Coming to the end of another financial year, we at Financially Sorted thought that its important to make you aware of a few changes that may affect…

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February 2019 Updates

Handy tips to help pay off your home sooner 1. Make extra payments If you’re not in a fixed rate term, you could add extra to each loan…

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December 2018 Updates

ATO using external agencies for some overdue lodgements (Source – CPA Australia) Starting in November 2018, the ATO have begun referring taxpayers…

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SMSF Summer 2019 Updates

ATO surveillance sees hundreds of SMSF ABNs cancelled (source – ato.gov.au) The ATO has cancelled the ABN’s of almost 700 SMSFs following the…

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November 2018 Updates

Increased scrutiny of home office claims (Ref:  ATO website, 11 September 2018) According to the ATO, a record number of claims have made for…

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October 2018 Updates

Judging the right time for retirement Source (In the Black 11 Sep 2018) Actively planning for retirement helps counter the loss of identity, income…

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