Sullivans

Sullivans With over 30 years experience, Sullivans provide a unique blend of financial and accounting services

http://sow.im/mis
28/08/2026

http://sow.im/mis

One expert has stressed the importance of tax agents reminding their clients that the ATO is no longer as lenient on tax debt collection as it was during the COVID-19 pandemic.

http://sow.im/mir
27/08/2026

http://sow.im/mir

There were nearly four times as many new residential loans written using limited recourse borrowing arrangements in FY2026 than the ATO’s data indicate, and the ban on LRBAs could have a greater impact on housing supply than the government suggests.

http://sow.im/mhy
25/08/2026

http://sow.im/mhy

The ATO has a clear message this year: slow down and get it right. Early lodgers are far more likely to make mistakes.

http://sow.im/mhx
24/08/2026

http://sow.im/mhx

Two significant deeming thresholds increased on 1 July 2026, the one at which the higher deeming rate of 3.25 per cent applies, and the income-free threshold at which income in excess of the threshold begins to reduce the maximum age pension amount.

http://sow.im/mha
22/08/2026

http://sow.im/mha

Rising operating costs and persistent inflation are placing renewed pressure on businesses worldwide, despite signs that confidence is beginning to recover.

http://sow.im/mh9
21/08/2026

http://sow.im/mh9

A healthy super balance doesn't always rule you out of the Age Pension

http://sow.im/mgp
20/08/2026

http://sow.im/mgp

Picking up a second job, holding multiple part-time roles, or doing gig work is now part of everyday life. But the way tax is withheld across multiple payers can lead to a surprise when you lodge your tax return.

http://sow.im/mgo
19/08/2026

http://sow.im/mgo

New SMSFs that are required to lodge a self-managed super fund annual return by 31 October should start preparing now, the ATO said.

http://sow.im/mge
18/08/2026

http://sow.im/mge

Compliance with new anti-money laundering (AML) laws may subject your small business to additional privacy obligations it did not face before.

http://sow.im/mgd
17/08/2026

http://sow.im/mgd

The introduction of Division 296 has highlighted the value of contribution splitting and increased the usefulness of account equalisation strategies for both lower and higher-balance members, SMSF Alliance principal David Busoli has stated.

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