/ 9th December 2021 - Carisma Solutions Blog
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ATO Updates (December 2021)

Date: December 9, 2021
Categories: Monthly Update
Luxury Car Tax (LCT) The ATO has expressed concerns that several entities are using certain arrangements to improperly claim the refund for LCT.It is reported that one of more of the participating entities (described as a ‘missing trader’) does not correctly report and pay the LCT to the ...
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What is an SMSF Collation Package?

Date: December 9, 2021
Categories: Superannuation
The Collation Package is a collection of all reports generated in a financial year. The Package consists of Financial Statements, Audit reports, with information about Superfund Assets, Member balance, Tax payable/refundable, Member super contributions, pension payment, and Audit details.These repor ...
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Legal Firm Accounting and its modalities

Date: December 9, 2021
Categories: Accounting, Bookkeeping
Legal firms provide legal advice and representation and prepare legal documents. Solicitors, Barristers, and legal aid offices typically offer these services. Alternative dispute resolution, conveyancing, and intellectual property services are also included in the industry.Legal work is to be done t ...
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