28.04.25
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Retail Accounting and the Retail Method
You’re great at running your store: keeping customers happy, managing stock, and making sales. But when it comes to accounting, it’s a different story. One look at your financial reports, and you’re thinking, Why does this all look like a foreign language? If you’ve ever struggled with inventory numbers that don’t match, profit margins that…
Funding Your Dreams: How To Get a Business Loan in Australia
Have you got an established, thriving café with an old espresso machine on its last legs? Or is your new online store blowing up, and you need more stock fast? Whatever the case, a business loan can keep your business running smoothly or take it to the next level. But finding the right business loan…
STP Phase 2 Employer Guide: A Simple Explanation
STP Phase 2 has been in place for a while now, but are you fully across what it means for your business? Many employers have transitioned, but some are still catching up or are unsure if they’re meeting all the reporting obligations. While this phase of Single Touch Payroll (STP) will make your life easier…
Bank Valuations: What’s the Deal?
Have you finally found the house you’ve been dreaming of? Or are you selling your home to move on to the next adventure, whether that’s downsizing, upsizing, or relocating? Before the bank hands over a loan to help you buy a place or help a buyer buy yours, they’ll want to know one thing—what’s the…
Other Insights from Pherrus
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STP Reporting for Closely Held Payees: Your 2025 Guide
If you run a family business, trust, or small company where wages often stay within the inner circle, you’re likely familiar with the phrase “STP exemption for closely held payees”. The ATO used to offer a full Single Touch Payroll exemption for these payees, but now you’re required to report their wages and payments through…
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Your Essential Guide to Register for Single Touch Payroll
Let’s face it: payroll has never been anyone’s favourite part of running a business! But Single Touch Payroll (STP) is not just another admin task—it’s the law. If your business (or the business you manage payroll or bookkeeping for) has employees—whether one or one hundred—you must report certain payroll information directly to the ATO every…
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How Much Tax Do You Pay on an Investment Property in Australia?
An investment property can help build serious wealth, but if you don’t manage the tax side properly, you could end up handing over more cash to the ATO than you need to. If you’re confused about how much tax you’ll pay on your investment property, you’re not alone. From rental income to capital gains tax,…