What's New @ Dewings?
COVID-19: Office closed for 6 day lockdown
Following the current COVID-19 outbreak in Adelaide, and in response to State Government directives, we will be closing our offices for the next six days. Our team will be working from home and are still contactable.
Our phone lines will redirected so you'll still speak to our team when you call. They will be able to pass on a message and arrange for the appropriate person to call you back. Naturally though If you have the email address or mobile number of the person you are trying to contact, please feel free to use this instead.
We will not be conducting any face-to-face meetings during this time. We will however do our best to make sure that all of your Dewings team members are available through your preferred method of video conferencing.
If you have documents or other items to drop off to us, please hold on to them for now unless they are urgent. If there is anything that urgently needs signing, we'll arrange for it to be electronically signed and provide instructions on how to do this.
We're fortunate to live in a time when most things can be done remotely, so we don't expect there to be a huge disruption to our ability to serve our clients. But we recognise that these are uncertain times for you and your business and/or financial affairs. Please reach out to us if you need any help.
Finally, if you're in South Australia, we encourage you to stay home and stay safe for the next week. The better we do as instructed, the sooner this will be over and we can return again to (relatively) normal life. Good luck!
If you have any questions about these arrangements or need to organise a time to discuss your affairs further, please contact us.
Posted: November 18, 2020 | 0 comments
SA State Budget delivers more business relief
The South Australian State Treasurer Rob Lucas has delivered a State Budget that is "drowning in red ink", in an effort to sustain and stimulate the State economy during the ongoing global pandemic, and help it recover from the major bushfire events of earlier this year.
You can read the full version here.
Posted: November 16, 2020 | 0 comments
Loss carry-back rules back in play
This year's Federal Budget included a return of the loss carry-back rules. In effect these provisions allow companies that have made a loss in the current year to use that loss to get a refund of tax paid on profits from earlier years. This could provide a handy cash flow injection for businesses struggling through the coronavirus pandemic, but there are some limitations.
You can read the full version here.
Posted: November 16, 2020 | 0 comments
Full expensing of assets - what it means for business
One of the Government's flagship measures announced in this year's Federal Budget was the ability for businesses with annual turnover of up to $5 billion to deduct the full cost of assets they acquire in the year they are installed. Measured in terms of the number of entities, the vast majority of Australian businesses are eligible. But what are the details, and are there limitations?
You can read the full version here.
Posted: October 29, 2020 | 0 comments
2020-21 Federal Budget
Announced in the middle of a global pandemic and a massive economic emergency, this is perhaps the most significant Budget in a generation.
You can read the full version here.
Posted: October 08, 2020 | 0 comments