Sullivan Dewing News

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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

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