08.01.25
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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…
Workers’ Compensation Benefits Guide
Whether you’re an employee or employer in New South Wales, you must understand the safety net that workers’ compensation provides. It isn’t just about legal compliance; it’s about peace of mind and protection for everyone in the workplace. In this workers’ compensation benefits guide, we’ll explore this system to understand how it works and what…
Actuary vs Accountant: Key Differences Explained
If the finance world were a superhero movie, in one corner, you’d have the Actuary, master of foreseeing financial risk. In the other, the Accountant, guardian of financial health and stability! Both deal with finances and are superheroes in their own right, but their powers are quite different. Let’s find out the actuary vs accountant…
Understanding the Impact of Fair Work Act Changes on Your Business
The federal government recently announced changes aimed at closing loopholes in the Fair Work Act that allow for intentional underpayment of employee wages and entitlements. As an accounting and business advisory firm, we want to help our small to medium business clients understand how these changes could impact their operations. Key Changes to the Fair…
Other Insights from Pherrus
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Understanding Payday Super: What Businesses Need to Know Before 1 July 2026
A major shift is coming to how Australian employers manage super contributions in the form of Payday Superannuation, or simply Payday Super. The payday super reforms are legislative changes designed to improve the frequency of superannuation payments, address unpaid super, and streamline compliance for businesses. From 1 July 2026, all employers will be legally required…
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Outsourced CFO Services That Drive Growth and Profitability
When you’re juggling clients, staff, and endless business decisions, your finances can get messy fast. Hiring a full-time CFO might sound ideal, but it’s expensive and often out of reach for many businesses. What’s easily within reach, though, are outsourced CFO services. They offer expert financial guidance and strategies to boost growth and profitability at…
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CFO Advisory Services That Turn Financial Data Into Business Growth
Running a business is hard enough without getting lost in the numbers. Cash flow, growth plans, and tax time can all feel like a guessing game. But what if you had a seasoned CFO in your corner, guiding every big decision, without paying a full-time executive salary? With an outsourced CFO advisor, you get expert…
