Acquiring finance for a new or existing business, a vehicle or a property is a big decision that requires careful consideration. It pays to shop around and look for the best deals to avoid paying more interest than you need to be. It is also equally important to assess whether or not you’re in a position to meet the demands of a loan in both the short and long term. If you’re considering taking out a loan and don’t know where to start or aren’t sure how to get the best deal, a Pherrus Financial specialist will offer you tailored advice based on your needs and aspirations as well as your current and projected situation.
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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…
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…
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,…
The Insights published on our website have been written by our professional staff strictly for educational purposes. Please note that the information and views expressed above do not constitute professional advice and are general in nature only.