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Summer
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Clarity
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now
Insights
From 1 July 2025, the Government has proposed a new tax on those who have a total superannuation balance (TSB) of greater than $3 million. The new tax is called Division 296 (Div 296) and the proposal is for an additional 15% tax to be levied on the movement between...
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Just over two and a half years ago, Lauren and her husband, along with their 2-year-old and 6-month-old baby, moved across the world. The past few years have been among the most challenging yet rewarding of her life, and she is deeply thankful for where they have landed. Every single...
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It feels so unfair that as a Manager, Owner or Decision-Maker, you’re burdened with a bunch of ‘assumed knowledge’ that you may not even know you don’t know. Whether you’re an owner who started your business to do what you’re good at and love to do – and now find...
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After a huge 2023 event raising just over $49,000 the Breast Care Breakfast organisation committee are setting their sights on topping over $50,000 raised from their annual Breast Care Breakfast event. This year the Breakfast will include a speaking panel of patients who have directly benefited or are currently benefiting...
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From 26 August 2024 several changes were made to the Fair Work Act regarding casual employment. 1. Definition changes An employee is now deemed to be a casual if: There isn’t a firm advance commitment to continuing and indefinite work, considering several factors, including the real substance, practical reality and...
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PKF is proud to once again sponsor the Hunter Valley Wine Show. As we enter our second year of sponsorship, it's clear that our commitment goes beyond the weeklong celebrations of this annual event. “This sponsorship is about alignment in values and how we both view community. There is a...
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The Small Business Restructuring (“SBR”) regime has proved to be an excellent tool to help revive businesses. It was introduced in January 2021 with little fanfare and plenty of scepticism. In the first six months, there were only 12 SBR appointments. However, it has gained popularity and has become a...
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Estate planning is crucial for the management and distribution of your assets after your death. Documents need to be well drafted to ensure they are legally binding, that your wishes are honoured and your loved ones are provided for according to your preferences. Estate Planning involves more than just a...
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Having current and actionable analytics from your business has moved from a nice to have to a must have in recent years, there is little regard for the monthly Excel report delivered 2 weeks after the end of the month. In 2024 we expect more than that from the various...
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PKF Sydney and Newcastle is delighted to reflect on another successful year as the Official Financial Services Partner and NRL Coach Partner for the nib Newcastle Knights during the 2024 season. Our partnership, which began with great anticipation, has proven to be a significant milestone in our ongoing commitment to...
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PKF was recently invited by Clubs NSW to present at the Club Education Institute (CEI) Seminars, which were held across 14 locations in NSW over the past two months, with more than 600 attendees from over 160 clubs. We chose to present on Financial Resilience, as this has been a...
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Q. What is a little known/interesting fact about you? I love offshore sailing and my picture of getting away is sailing out through the heads on a multiple day voyage north or south. Q. Do you have a career highlight so far? Career highlights occur for me when delivering a...
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One of the most important tools in business is a strategic plan. Without one, how does anyone on your team know what you are trying to achieve or how to allocate your limited resources most effectively? When you actually take the time to think about it, it makes a lot...
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It’s a very common misconception that putting a logo on a piece of clothing makes it a deductible / FBT exempt uniform – and this is NOT the case. If your uniform isn’t registered, as an employee you are being denied tax deductions, whether for purchase or laundering expenses. And...
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As 2023 draws to a close, it's time to reflect on the remarkable achievements and milestones that have shaped the year. From philanthropic initiatives to professional development, the accomplishments of the past twelve months exemplify a commitment to community, growth, and collaboration.
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Introducing our PKF Port Stephens team, a dynamic group that stands out for their work ethic and approachable demeanour. Diverse in backgrounds and rich in expertise, our PKF Port Stephens team seamlessly blends financial acumen with a warm and friendly approach. Our team is dedicated to ensuring that every financial...
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PKF in New South Wales, Australia has expanded, with the national network recently welcoming the experienced PKF Port Stephens team (previously BR Partners) into the fold. By joining the network, PKF Port Stephens has opened doors to national and international resources and support. Their reach and capabilities have expanded, providing...
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The Nelson Bay Touch Football Association (NBTA) is a pivotal part of the community of Port Stephens. PKF’s partnership with the association is a testament to our unwavering commitment to the local area and the impact we have on community involvement and support. As an advocate for community initiatives, we...
Insights
Quite often, the terms ‘equity’ and ‘equality’ are used interchangeably, however there are subtle yet important differences that are useful to understand as we – as individuals and as organisations – seek to attract and retain talented people, and advance as employers of choice. The Cambridge Dictionary defines equity as...
Case Studies
PKF Sydney & Newcastle is committed to environmentally sustainable practices. We have joined forces with recycling initiative Simply Cups Australia, to address the challenge of single-use coffee cup waste in the office environment. Between both offices, over 15,000 paper cups have now been saved from landfill, a number that will...