/ Blog new - Page 2 of 12 - Carisma Solutions Blog
Premiumcoding top text

Welcome to our blog, we will keep you informed

By:
0
ATO is streamlining Transfer Balance Account Reporting (TBAR) for Self-Managed Super Funds (SMSFs). They have taken that action consulting the community, industry, and tax professionals on streamlining the lodgement of transfer balance account event-based reporting for all SMSFs.To streamline TBAR f ...
Read more
Crypto is one of the Key areas of Focus of ATO this 2022FY
By:
0
ATO has identified that many Aussies are buying, selling, or exchanging digital coins; with this knowledge, ATO is expecting to see more capital gains or capital losses reported in tax returns this year. It is one of the areas where they will focus on this 2022FY.Now, if you wonder - can the ATO tr ...
Read more
ATO Updates (August 2022)
By:
0
The Australian Taxation Office (ATO) has revealed four key areas that they will target this time as the 2022 tax season approaches.Record-keepingWork-related expensesRental property income and deductionsCapital gains from crypto assets, property, and sharesThese ATO priority areas will ensure that t ...
Read more
Changes-in-Payroll-from-01-July-2022
By:
0
Changes in Payroll 1. Superannuation contribution cap of $450.00 will be removed.The minimum wages for Superannuation contribution are said to be removed and the employer must pay Superannuation for all the employees over the age of 18 if they work more than 30 hours per week.2. Sup ...
Read more
fool-proofing-your-insurance-with-a-financial-adviser
By:
0
Did you know advised individuals are more likely to be successful when making an insurance claim? Here’s why.Different insurance policies cover you for different events. The right combination of insurance complements each other to give you protection for several different scenarios, which may sto ...
Read more
By:
0
Bilateral trade between India and Australia faces a significant boost, thanks to the newly signed Australia-India Economic Cooperation and Trade Agreement (AIECTA). The deal, secured in April and likely to come into force within four months, is expected to give a welcome push to bilateral trade bet ...
Read more
Understanding self-managed super fund performance
By:
0
In a recent research report titled "Understanding self-managed super fund performance," the University of Adelaide used data from over 318,000 SMSFs between 1 July 2017 and 30 June 2019 to identify the minimum amount of capital required for an SMSF to achieve comparable investment returns with much ...
Read more
Director Identification Number (DIN) and its purpose
By:
0
You may have heard about the new rules which require directors of Australian companies to obtain a Director Identification Number (director ID). The new requirement to obtain a director ID also applies to individuals who have an SMSF with a corporate trustee, which is why we wanted to bring this new ...
Read more
Artificial Intelligence and its impact on the Accountancy profession
By:
0
Many of us believe that Artificial intelligence can completely change how one accountant works in the future. Still, the accountant and bookkeeper remain an essential part of the accountancy profession because the Digital tool can promote efficiency but won’t replace the profession.In 2015 the UK ...
Read more
By:
0
FBT thresholds for year 2022-23Record keeping exemption – Increased from $8,923 to $9,181Benchmark Interest Rate – 4.52% unchanged FBT - Living Away from Home Allowance (LAFHA) – Reasonable amount for Meals for the Year 2022-231 Adult - $2892 Adults - $4343 Adults - $5791 Ad ...
Read more
Page 2 of 121234510...Last »