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.

Do you have an enduring power of attorney?

Jennifer Palmer - Apr 2015

A power of attorney is a formal document giving another person the authority to make legally binding decisions on your behalf. There are two types: a general power of attorney and an enduring power of attorney. Read More

Are you financially well organised?

Jennifer Palmer - Apr 2015

So what does being financially well organised look like? Well, something like this: Read More

Does your insurance protect you from the unexpected?

Jennifer Palmer - Feb 2015

Did you know that 95% of Australians don’t have adequate insurance?1 Insurance can protect you and your family from the unexpected, but it’s important that you review your policies each year, to make sure they’re up to date and reflect any changes to your finances or lifestyle. Read More

For how long could you leave your business?

Jennifer Palmer - Dec 2014

With some quiet time coming up over the Xmas holiday season we thought it would be a good opportunity for you to reflect on your business. Read More

Without the Zero, Accounting is just Counting!

Jennifer Palmer - Dec 2014

Did you ever wonder about the origins of accounting? Possibly not! Did you know that the ‘father’ of double entry accounting was a 15th century Franciscan monk called Luca Pacioli, a teacher and friend of Leonardo da Vinci? Read More

Changes to Age Pension income test

Jennifer Palmer - Nov 2014

From January 2015, non-taxable superannuation income will be included in the Commonwealth Senior Health Card (CSHC) income test. This means that income streams from super accounts will be considered income under the eligibility rules of the Age Pension. Read More

How will the 2015 economy affect your business?

Jennifer Palmer - Nov 2014

Before we get into details, let’s revise some fundamentals. We know the economic cycle has four phases: Expansion; Peak (or boom); Contraction; and Trough (or recession). Read More

ATO targets professional services

Jennifer Palmer - Oct 2014

The ATO has recently released its guidelines regarding the allocation of profits by professional services firms, including lawyers, doctors and architects. It provides three criteria by which the ATO will judge remuneration of an ‘individual professional practitioner’ (IPP), which includes individual partners or owners of a practice. Compliance activity around these criteria will come into effect this 2014/2015 financial year. Read More

5 tips for running a successful business

Jennifer Palmer - Aug 2014

1. Focus on profit Read More

Important changes to Privacy Act

Jennifer Palmer - Jun 2014

If your business has a turnover of more than $3 million, you may be affected by important changes to the Privacy Act 1988 that commenced on 12 March 2014. Read More

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