18.09.23
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What Is a Fringe Benefit? A Guide
A fringe benefit is a form of compensation provided to employees that goes beyond their normal salary or wages. These benefits can include things like health and dental insurance, life insurance, disability insurance, housing allowances, education assistance programs, childcare programs, employee discounts, and more. Fringe benefits are usually provided by employers to attract and retain…
New Paid Family and Domestic Violence Leave: What You Need To Know
Are you an employer in Australia who is looking to understand the new Paid Family and Domestic Violence Leave policy? This new policy, which is part of the Fair Work Amendment (Paid Family and Domestic Violence Leave) Bill 2022, is set to go into effect in 2023. In this article, we’ll explain what you need…
Real Estate Development Accounting: What’s Different about Development Finance?
Real estate development accounting has plenty of unique complexities and challenges that make it entirely unlike other areas of accounting. Whether you’re exploring hiring a property investment accountant or attempting to grapple with real estate development accounting software, understanding the financial obligations and accounting styles involved in this process is invaluable. We cover everything you…
What Percentage of Tax Do I Pay? FAQs & Answers
Knowing the answer to ‘what percentage of tax do I pay in Australia?’ is key to ensuring you meet your legal obligations and responsibilities. If you’re curious about ‘how do I know what percentage of tax I pay?’ as a business owner or you’re interested in working in Australia as a foreign resident, we’ve covered…
Other Insights from Pherrus
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Pherrus Financial Services Champions the Future of Women’s Rugby in Fiji
SYDNEY, Australia – In a move that merges the spirit of competition with the celebration of women’s achievements, Pherrus Financial Services proudly announces its sponsorship of the Fiji Secondary Schoolgirl’s Rugby League. This initiative arrives just in time for International Women’s Day, reflecting the firm’s commitment to women’s empowerment, with the Pherrus For Her program. …
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The Essential Single Touch Payroll Checklist
Running a business in Australia? Then you know how vital it is to keep your payroll in check. It’s not just about ticking boxes for the tax man; it’s about steering clear of pesky fines and keeping your business running smoothly. Plus, it’s how you show your team they’re valued- by paying them correctly and…
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What Is Asset Management?
New to the asset management game? Think of it like taking care of a garden. Just as a gardener decides what plants to grow where, asset management is about choosing and looking after different types of investments. The main goal of asset management is making sure these investments grow and become more valuable over time,…