03.12.24
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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…
Can I Get a Business Loan?
Are you tired of waiting for your business dream to take flight? A business loan could be your “plane” ticket, so to speak! Don’t let confusion or doubt about the business loan application process hold you back. In this guide, we’ll break down the four steps you need to take to become a prime candidate…
Tax Lawyer vs. Tax Accountant: What’s the Difference?
Just like choosing between a GP and a specialist depends on your ailment, picking between a Ma href=”https://www.pherrus.com.au/tax-agent-services-guide/”>tax accountant and a tax lawyer depends on your financial situation. Are you dealing with straightforward income and deductions, or are you wrestling with complex tax-related legal issues? This article will explore the unique skills and areas of…
What Is a Tax Agent?
Just as you wouldn’t drive through unfamiliar terrain without a GPS, you shouldn’t navigate the rocky roads of taxation laws and obligations without the guidance of a tax agent! A tax agent is a certified professional who specialises in preparing, filing, and managing tax returns on your behalf. They understand tax laws, so they’ll keep…
Other Insights from Pherrus
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Shred or Store? How Long You Need to Keep Tax Records in Australia
You’ve just finished your tax return at tax time. The hard part is done. But then you look at the pile of receipts, invoices, and digital files you’ve gathered over the past year. Now you’re wondering: Do I have to keep all of this? It’s a common dilemma. Individuals, sole traders, and small business owners…
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When Is the Last Day to Do a Tax Return? (It’s Not Always October 31st)
Think October 31st is your tax deadline? Not always! If you lodge your own return, yes, October 31 is usually the cut-off. But if you go through a registered tax agent, you might have a much later deadline. When is the last day to do a tax return to avoid late penalties and stay on…
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How to Save on Tax in Australia This Year: 7 Simple Ways
Tax season is upon us! Are there legitimate ways you can save money on your tax bill this year? There could be! Smart tax planning isn’t about finding loopholes; it’s about knowing how to make the most of the ATO rules that apply to you. If you want to know how to save on tax…
