What's New @ Dewings?

We're running a special succession planning presentation on 31st March for practitioners in the eye-care industry.

You may have spent years working long hours, developing relationships and building an eye-care practice. But how do you maximise the return on your investment when it comes time to sell or retire. Planning your way out can be one of the most critical things you will do in the life of your practice. There are strategies you can adopt now to enhance the value of your practice and bring willing buyers to your door. It all comes down to planning in advance for succession.

In this presentation, we'll look at:

• What your practice is really worth
• Why you may not get as much as you would like for it
• What you can do to maximise the value of your practice
• Where you can find potential buyers (hint: they’re closer than you think!)
• The barriers that put Gen Y off buying into a practice — and how to tear them down
• How to exit on your terms and have the lifestyle you want

Join us for this special session presented by our senior partner and eye-care specialist Kathy Allen. Supported by ODMA.


    Where: 5 Hauteville Terrace, Eastwood SA 5063
    When: 6:30pm, Monday 31st March 2014
    Cost: Complimentary
    Duration: Approximately one hour

Numbers are strictly limited, so please book early to secure your place.

To register, email enquiries@dewings.com.au or call us on (08) 8291 7900.

From 1st July 2014, Self-Managed Super Funds (SMSFs) will be required to exclusively accept superannuation contributions in electronic form. This means no more cheques or cash deposits. All contributions must be made by way of electronic transfer.

It used to be the case that if contributions were made by cheque, the cheque needed to be in the hands of the trustee no later than 30th June. The cheque, however, could be banked a few days later. Now it would seem that any funds to be transferred will need to be in the account of the super fund by 30th June, which means that you will no longer be able to leave it to the last possible day to make contributions for a particular financial year.

To make this happen, trustees of SMSFs will need to make sure they have an electronic service address, and notify employers of the fund's ABN, bank account and email address prior to 31st May 2014.

To find out more, please contact us or click here.

Our last newsletter for the year. We cover the effective dates for various tax measures to be abolished in conjunction with the repeal of the Mining Tax. Special note for small businesses looking to buy equipment or motor vehicles in the near future - it might be worth doing so before 31st December to secure a significant tax advantage that is likely to disappear after that time. Read more...

Morgan Stanley here in Adelaide have released their December Investment Viewpoint.

"Though the recent news flow and outlook on global growth remains positive, our asset allocation analysts have trimmed their tactical overweight in equities to lock in some of the strong outperformance (particularly versus defensive asset classes like bonds) over the last 17 months. However, they still expect further upside over the coming year on the basis that liquidity remains ample, confidence is improving, and earnings revisions will turn positive. Indeed, they forecast the ASX200 to reach 6100 by year-end 2014."

Read more: Morgan Stanley Investment Viewpoint December 2013

Morgan Stanley here in Adelaide have released their November Investment Viewpoint.

"Highly accommodative policy, reasonable valuations and good earnings momentum leaves us comfortable on equity markets."

Read more: Morgan Stanley Investment Viewpoint November 2013