24.07.25
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The ATO Is Chasing $35 Billion in Unpaid Taxes From SMEs. Are You Prepared?
According to the ATO’s Commissioner of Taxation 2023-24 Annual Report, Australia’s collectable tax debt totalled $52.8 billion by June 30, 2024. It’s estimated that as much as $35 billion of that debt is owed by small and medium-sized enterprises (SMEs). Are you one of them? From July 1, 2025, the ATO is stepping up its…
What Are Fittings Compared to Fixtures?
“Does it stay or does it go?” If you’ve ever asked this question about something while inspecting a property to buy, sell, or lease, this blog is for you! The difference between fittings and fixtures can affect your rights, responsibilities, and even your final sale price or rental agreement. What are fittings and fixtures? Let’s…
What Is a Disbursement in Property?
When you’re buying, selling, or managing property, you have to deal with a lot of numbers. One set of numbers that often causes confusion is disbursements. These aren’t hidden fees or surprise costs. They’re a normal part of the property transaction process. But if you don’t know what they are, you could end up disputing…
Choosing Payroll Software for Your Small Business in Australia (2025 Guide)
According to the 2024 Australian Payroll Survey by the Australian Payroll Association, 24.1% of employers surveyed were unsatisfied with their payroll technology. Reasons for this dissatisfaction could be outdated systems, poor usability, and a lack of compliance support. What about the effects? Being unsatisfied with your payroll technology can lead to costly errors, wasted time,…
Other Insights from Pherrus
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The ATO Is Chasing $35 Billion in Unpaid Taxes From SMEs. Are You Prepared?
According to the ATO’s Commissioner of Taxation 2023-24 Annual Report, Australia’s collectable tax debt totalled $52.8 billion by June 30, 2024. It’s estimated that as much as $35 billion of that debt is owed by small and medium-sized enterprises (SMEs). Are you one of them? From July 1, 2025, the ATO is stepping up its…
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What Are Fittings Compared to Fixtures?
“Does it stay or does it go?” If you’ve ever asked this question about something while inspecting a property to buy, sell, or lease, this blog is for you! The difference between fittings and fixtures can affect your rights, responsibilities, and even your final sale price or rental agreement. What are fittings and fixtures? Let’s…
-
What Is a Disbursement in Property?
When you’re buying, selling, or managing property, you have to deal with a lot of numbers. One set of numbers that often causes confusion is disbursements. These aren’t hidden fees or surprise costs. They’re a normal part of the property transaction process. But if you don’t know what they are, you could end up disputing…