Staff Service Spotlight – Chathuri

Staff Service Spotlight – Chathuri

This month we shine a spotlight on our PrimeAccountant, Chathuri, as we share her service and commitment to the youth of today through the local Guides community.

Along with being a star accountant at PrimeAdvisory and studying to complete her Charted Accountant (CA) qualification, Chathuri assist in the local community as a Senior Guides Leader at Lane Cove.

Chathuri started Guides in her hometown of Sri Lanka at the age of 8. After seeing her cousin go on camps and wear a ‘cool’ white uniform with a tie and badges, Chathuri became a guide.

Upon coming to Australia and completing her university degree, she began working at PrimeAdvisory and moved locally. She wanted to contribute to her community, particularly the youth of today and, joined Guides in Australia in 2016.

Chathuri has supported the development of dozens of junior guides teaching them tangible skills such as cooking, craft, service and community participating in Citizenship services, Anzac Day and clean up Australia day with her team, to name a few.

She is dedicated to serving the Guides community for 2 hours per week plus additional camps and activities. She attributes this dedication to the leaders, group and kids in particular as she watches them become adults, form beliefs and opinions, and can see the difference and contribution she is making to these children.

PrimeAdvisory would like to congratulate Chathuri on her selfless service to our local community as she supports the future leaders of tomorrow.

Read More
Driving into a new stage of life.

Driving into a new stage of life.

For those who haven’t been to our office and seen the wall, each month we will be introducing you to our latest inductees. This month we present husband and wife team Peter and Jacki who have recently achieved their 20-year long dream.

This month we induct two very hardworking clients to the ‘OnTrack for Life Wall,’ husband and wife duo Peter and Jacki. They first became clients of PrimeAdvisory (utilising both the Accounting and Wealth divisions) over ten years ago on the recommendation from a friend. In moving back to Australia after over 25 years as ex-patriots Peter and Jacki were after someone to correctly structure and manage their finances.

When starting as clients of PrimeAdvisory, Peter was working offshore as a power station engineer advancing through many roles in his career. Jacki played a very influential part in the assistance of many charities, namely the AUS NZ Women’s Association and the community centre for ex-pats in Jakarta.

Since then, they have achieved several goals in their time working with Financial Advisors Ben Norval and Guy Wall, a major focus has been maximising their superannuation which is often missed by being offshore.  Also, a 20-year long dream for Jacki was to buy a Jaguar. In being ex-pats for over 30 years, both Peter and Jacki have required drivers, after being requested not to drive and have not had a car of their own. Their dream was always to purchase and drive nice cars upon their repatriation to Australia. Peter was also able to treat himself to a more beautiful car than he expected he could achieve financially in his latest purchase of an Aston Martin.

Attributed to much hard work and sacrifice, both Peter and Jacki now define success as being comfortable and established to afford luxuries without worrying and being able to assist their family. They have been able to look after their parents and financially assisted their eight nephews and nieces, some already securing property.

Peter and Jacki are very humble and gentle people who have contributed a lot to society, and we are honoured to induct them into the ‘OnTrack for Life Wall’ this month.

If this story inspired you or you have one similar you would like to share, please get in touch on 02 9415 1511 or email reception@primeadvisory.com.au.

Read More
Christmas Dessert Sorted!

Christmas Dessert Sorted!

Staff member shares her special Nutella® pastry Christmas tree recipe that will be loved by all this Christmas!

Need some inspiration for dessert this Christmas?

PrimeAdvisory are here to help with this easy but delicious and very festive Christmas Tree-at!

Ingredients:

  • 1 (500g) packet ready to roll puff pastry
  • 4 to 5 tablespoons Nutella® hazelnut spread, at room temperature
  • 1 egg, lightly beaten

Directions:

  1. Preheat the oven to 190 degrees Celsius and prepare baking tray by lining with baking paper then also grease with butter.
  2. Roll out one puff pastry sheet into a large rectangle on a lightly floured surface and place on the prepared baking sheet.
  3. Lightly score puff pastry into the shape of a Christmas tree (triangle) with a wide base. Spread chocolate-hazelnut spread over the triangle in a thin layer with the back of a spoon.
  4. Roll out the second sheet of puff pastry to a large rectangle and place on top of the first one. Carefully trace the shape of the chocolate covered triangle underneath and cut out the Christmas tree shape and the trunk. Remove excess pastry.
  5. Lightly score 2 lines down the middle of the triangle to form a tree trunk that is narrower at the top and gets wider towards the base. Using the trunk as a guide, cut branches into the sides of the triangle.
  6. Finally, the tree will be ready for twisting!
  7. Beginning at the base, twist the pastry away from you, trying to get in two turns on the lower branches.
  8. Continue moving up the tree, twisting away from you as you go.
  9. At the top of the tree you may only get a single twist in the top branches. If desired, cut out a star with the pastry trimmings and place on the baking tray.
  10. Brush the entire tree with lightly beaten egg.
  11. Bake in the preheated oven for 12 to 15 minutes, or until risen and golden brown. Let cool slightly before enjoying.

Want to watch it being made, click here.

Read More
F45 Condell Park on a winning streak

F45 Condell Park on a winning streak

With a background in Primary School teaching and hobby job as a group fitness instructor Meg decided to take the plunge with her husband Harley Borkowski and buy into one of the fastest growing fitness franchises F45 training located at Condell Park.

Since opening their doors 3 years ago they have won local business awards along with the highly prestigious F45 Division Champion award in Las Vegas this year. In the industry this is one of the highest signs of recognition which is very impressive for a relatively newly opened studio.

Meg attributed much of the success due to putting care into what they do, being in and working on the businesses and always looking to improve ensuring everyone is looked after. Her passion comes from a great community of trainers and members who experience rapid change to their own fitness, strength and self-thanks to the structured training provided by F45.

She explains opening the business was a steep learning curve and they both had a lot to learn particularly in the accounting area.   Meg exclaimed, “the PrimeAccounting staff could always answer my questions, they know what they are doing, and I could rely on them for any business financial needs.”

In being inaugurated on the “On Track for Life” wall we asked Meg what she defines as success and being on track for life means to her,  which she explained, “being able to do what I love, having a lifestyle to work for me and being financially stable”.

The staff at PrimeAdvisory would like to congratulate Meg on her recent achievements and welcome her, very deservingly, to the On Track for Life Wall!

Want your photo up there too? Get in touch with your Advisor and share your wins and you could be next! Contact us on 02 9415 1511.

Read More
Don’t let your Christmas generosity cause unwanted tax for your business

Don’t let your Christmas generosity cause unwanted tax for your business

When celebrating Christmas with your staff in the form of Christmas parties or gifts, be sure to keep accurate record as certain scenarios may attract Fringe Benefit Tax (FBT). Since 1986, the FBT system has existed in order to tax on things on the fringe, as the name suggests or outside of your salary package.

There is no separate FBT for the Festive Season however you may encounter several different circumstances when providing these events to your staff. This could also include fringe benefits provided by you to past and future employees and their associates (spouses and children), an associate or those under an arrangement with a third part to any current employees.

Implications for taxpaying body

If you are not a tax-exempt organisation and do not use the 50-50 split method for meal entertainment, the following scenarios may help you determine whether there are FBT implications arising from a Christmas party;

Implications for tax-exempt body

If you are a tax-exempted organisation the following situations may be relevant in determining the possible FBT implications arising from a Christmas party.

Understanding the Fringe Benefits Tax implications can be confusing and for a merrier Christmas your awareness of FBT and having accurate record keeping is important. Before planning your Christmas party, staff and client gifts please call us for advice.

If you any questions and what to know more please get in touch 02 9515 1511 or email us reception@primeadvisory.com.au.

Read More

SIGN UP

For our free e-newsletter

TAKE A HEALTH CHECK

For our free e-newsletter

Personal