The Insights published on our website have been written by our professional staff strictly for educational purposes.

In some cases, Insights may no longer be up to date, and care should be taken when reading the articles. The publication date of each Insight is included for reference.

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    What Is Asset Management?

    New to the asset management game?  Think of it like taking care of a garden. Just as a gardener decides what plants to grow where, asset management is about choosing and looking after different types of investments. The main goal of asset management is making sure these investments grow and become more valuable over time,…

    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…

    Other Insights from Pherrus

    • What-Is-Depreciation

      What is Depreciation? A Hack for Business Owners

      Think you’re getting the most out of your business assets? If you’re not using depreciation, you could be leaving money on the table—and the tax office certainly won’t send it back! Depreciation is a powerful tool that reduces your business’s taxable income and boosts its bottom line.  What is depreciation, and how can it help…

    • When-to-Pay-Capital-Gains-Tax-On-Property

      When to Pay Capital Gains Tax on Property – Avoid the Pitfalls

      Thinking of selling an investment or business property? Between finding the right buyer and sorting out paperwork, who wants to worry about getting hit with an unexpected tax bill? Knowing when to pay Capital Gains Tax on property means avoiding nasty surprises, keeping the tax office happy, and—most importantly—pocketing more of your well-deserved profit from…

    • Pherrus-Financial-Thank-You

      Supporting The Sydney Children’s Hospitals Foundation Through Impactful Initiatives

      At Pherrus Financial Services in Sydney, our commitment to our community goes beyond financial solutions. We care about making a difference where it matters.  That’s why we’re proud to partner with the Sydney Children’s Hospitals Foundation (SCHF) to support sick kids and their families during their toughest moments. Through donations and initiatives like City2Surf, we’re…