21.01.25
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Is Single Touch Payroll Compulsory?
Single Touch Payroll (STP) allows your business to electronically report payroll information to the Australian Tax Office (ATO) each time you pay your employees. This information includes wages and salaries, pay-as-you-go (PAYG) withholding, and superannuation. This system gives the ATO up-to-date employee payroll and superannuation information throughout the year and aims to make reporting more…
Pherrus Champions 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. …
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…
Payroll Tax Changes for Medical Practices – Get up to Speed
There has been a recent change to payroll tax that applies to medical practices and practitioners, including dental clinics, radiology centres, physiotherapy practices, and other similar businesses. It comes down to the State Revenue Office’s definition of ‘employee’ and ‘contractor’. It is the employer’s responsibility to deduct a percentage of each employee’s wages as payroll…
Other Insights from Pherrus
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Salary Calculator Sydney in 2026
A salary might sound good in a job ad, contract, or pay rise chat, but what really matters is what lands in your bank account. For Sydney employees, where everyday costs can add up quickly, knowing your take-home pay makes a big difference to how you budget, plan, and make decisions about your money. A…
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2026-27 Federal Budget: Impact on Investors and Workers
The 2026–27 Federal Budget marks one of the most significant shake-ups to Australia’s tax system in decades, with sweeping reforms targeting property investors, trusts, and capital gains, alongside meaningful relief for workers and small businesses. Handed down on 12 May 2026 by Treasurer Jim Chalmers, the Budget reflects the Government’s response to housing affordability pressures,…
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Payroll Software for Small Business Australia
Being unsatisfied with your payroll technology can lead to costly errors, wasted time, and an increased risk of non-compliance with ATO requirements. Choosing the right payroll software for your small business in Australia is clearly crucial! It can save time, lessen stress, and keep you confidently on top of your obligations. As payroll specialists here…
