24.03.25
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Real Estate Abbreviations, Acronyms, and Terms
The real estate industry is filled with jargon. When dealing with real estate professionals, it can feel like they’re speaking a different language! We’ve compiled this list of real estate abbreviations, acronyms, and terms to help you navigate the world of property buying and selling with confidence and clarity. Quick Navigation A B C D…
Best Payroll Software for Accountants
Looking for payroll software that doesn’t just work but works for you? As an accountant, your time is precious, your payroll processes need precision, and your clients expect perfect results. The right payroll software can deliver such results efficiently and seamlessly! But with so many options on the market, which one is the best fit…
Thinking of Being a Guarantor? It’s More Than Just a Signature
When dreams of owning a home, buying a new car, or starting a business hinge on securing a suitable loan, guarantors can play a pivotal role. But before you agree to become a guarantor, you must understand the full scope of what you’re signing up for. Taking on this role is about much more than…
What Is Asset Write-Off, and How Can It Reduce Your Business Tax Bill?
Are you tired of watching your business’s hard-earned profits get swallowed up by taxes? There’s a strategic way to keep more money in your pocket and less in the Australian Taxation Office’s. Asset write-offs aren’t just a perk; they’re a game changer for significantly reducing a business’s tax burden. Is your business eligible for asset…
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,…