Sullivan Dewing News

Our blog has the latest news and insights on tax, accounting and growing wealth, to help you build a successful business that will achieve your financial goals. To get Sullivan Dewing news straight to your inbox, subscribe to our newsletter.

New Year Focus

Jennifer Palmer - Feb 2019

A new year is the perfect time to take stock of where you and your business are going. There is no point in waiting until after June 30 to take time out and review your business. Read More

Single Touch Payroll (STP) Fact Sheet

Jennifer Palmer - Feb 2019

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FBT and Christmas parties

Jennifer Palmer - Oct 2018

FBT and Christmas Parties Read More

Tax Tips for the end of financial year

Jennifer Palmer - May 2018

It’s that time of the year again! If you haven’t started tidying up your financial affairs before the end of the financial year, you’d better get cracking. Here are some tips to help you get started. Read More

Federal Budget Review 2018

Jennifer Palmer - May 2018

The 2018 Federal Budget was released last night, with a focus on personal income tax cuts for lower and middle income earners. There are measures to guarantee essential services such as aged care, health care and infrastructure, as well as changes to superannuation accessibility. This budget has also introduced a range of integrity measures to clamp down on the black economy and strengthen the rules of the system. Once again there is little done for business tax relief apart from extend another year the $20,000 immediate deduction for eligible assets for business with <$10M annual turnover.  As with each year, it is important to note that these changes are proposed, and still need to pass through parliament before becoming law.  Read More

Business growth and success is all about analysing results and looking for opportunities.

Jennifer Palmer - Mar 2018

Sounds straightforward right?  However, as any business owner will tell you running a business is a full time job and more!  That means things can get pushed to the side and sometimes it is just easier to continue on rather than review what’s been happening, or what opportunities might exist. Read More

Profit: Are you getting any?

Jennifer Palmer - Feb 2018
Imagine you are a juggler with 5 balls in the air.  This is something like what a business owner must feel when managing their business. Four of the balls are the same colour representing product, sales, marketing and people.  All important for a business to survive and grow.  The fifth ball is profit - the most important ball to keep in the air.  Why?  Too many people make the mistake of focusing on sales alone.  You should never take your eye of the profit ball.  Remember the saying; sales are for dreams, profits are for keeps. Read More

What makes a successful business?

Jennifer Palmer - Aug 2017

Regardless of your definition, there are a number of common characteristics of a successful business.

Successful business owners focus on the following key areas: Read More

3 ways NOT to go broke in business...

Jennifer Palmer - May 2017

3 Things every business owner should be doing. It doesn’t matter whether you are BHP or the suburban retail shop. The following rules apply to you. It is just the depth of information that differs. Read More

Building wealth through superannuation and not paying tax!

Jennifer Palmer - May 2017

One of the most tax-effective ways to build wealth for retirement is through a Self-Managed Superannuation Fund (SMSF). Read More

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