22.01.24
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 a Fringe Benefit? A Guide
A fringe benefit is a form of compensation provided to employees that goes beyond their normal salary or wages. These benefits can include things like health and dental insurance, life insurance, disability insurance, housing allowances, education assistance programs, childcare programs, employee discounts, and more. Fringe benefits are usually provided by employers to attract and retain…
New Paid Family and Domestic Violence Leave: What You Need To Know
Are you an employer in Australia who is looking to understand the new Paid Family and Domestic Violence Leave policy? This new policy, which is part of the Fair Work Amendment (Paid Family and Domestic Violence Leave) Bill 2022, is set to go into effect in 2023. In this article, we’ll explain what you need…
Real Estate Development Accounting: What’s Different about Development Finance?
Real estate development accounting has plenty of unique complexities and challenges that make it entirely unlike other areas of accounting. Whether you’re exploring hiring a property investment accountant or attempting to grapple with real estate development accounting software, understanding the financial obligations and accounting styles involved in this process is invaluable. We cover everything you…
What Percentage of Tax Do I Pay? FAQs & Answers
Knowing the answer to ‘what percentage of tax do I pay in Australia?’ is key to ensuring you meet your legal obligations and responsibilities. If you’re curious about ‘how do I know what percentage of tax I pay?’ as a business owner or you’re interested in working in Australia as a foreign resident, we’ve covered…
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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…
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Tips on How To Avoid Capital Gains Tax on Foreign Property
Are you thinking of selling your holiday home abroad or cashing in on your overseas investment property? It pays to pause before putting up a “For Sale” sign. Selling a foreign property can trigger Capital Gains Tax (CGT) in Australia. This tax can take a surprising chunk out of your property’s sale profit. But with…
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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…