Blogs

It’s never been a better time to invest in affordable housing, now that the ATO has announced new tax incentives for investors who provide housing to people in the low- to moderate-income range. On 9 May 2017, the Australian Government opened up new possibilities for real estate investors to save money when tax time rolls around….

When businesses give to charity, they boost the economic health of the community in which they reside. That, in turn, creates a better atmosphere in which to do business. Giving to charity, for most Australian businesses, is a win-win situation. Here’s a look at how giving to charity can benefit a company and the community…

Rarely does anyone look forward to tax time, but this year, scammers have added an additional thorn in the side to the annual tariff. According to the Australian Tax Office (ATO), scammers have stepped up their game for 2017, looking for any way to get their hands on your hard-earned dollars. Tax Scams Have Increased…

What Is Happening with CGT? On 9 May 2017, the Australian Government made the announcement that they would be making changes to small business capital gains tax (CGT) concessions. The proposed amendments will ensure that these concessions are only able to be accessed in relation to assets that are used in a small business, or…

With property prices in major cities continuing to skyrocket and sustained growth in property value in many regional areas, property investment and development is an increasingly attractive option for those looking to grow their wealth. For those just starting out in property investment, it can be quite daunting and hard to know where to begin…

If you weren’t paying attention, the Fair Work Commission has recently announced a 3.3% increase to the minimum wage. It will take effect from the first full pay period beginning on or after 1 July 2017. This is great news for workers making minimum wage, who will now receive $694.90 per week for full-time work…

Don’t get left in the dark when it comes to your knowledge about fees regarding commonly lodged documents. The primary aim of this blog is to quickly summarise ASIC fee changes as of July 2017. Let us help you stay informed. Here you can find information about changes to ASIC fees. For those who currently…

Whether you’re an individual privately importing goods or an organisation doing so as part of your business, it is essential you understand how these goods are taxed and your obligations regarding these taxes. Studies have shown that individuals, small businesses and medium sized businesses are the most likely to make what can be very costly…

At Pherrus, we firmly believe that every business regardless of size should dedicate resources in order to provide assistance and bring cheer to the needy. If we as organisations band together to accomplish this, the potential for great and positive change is enormous.

As a taxpayer, it is important that you stay up to date on any changes that are released by the Australian Taxation Office. Changes and updates could affect you, your tax debt and your assets. It is our goal to keep you well-informed on the most current updates from the ATO. In the midst of…

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