/ 2nd May 2023 - Carisma Solutions Blog
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ATO Update (May 2023)

Date: May 2, 2023
Categories: Monthly Update
Super balances above $3m consultation paper releasedTreasury has released a consultation paper addressing the announcement to increase the tax rate for superannuation fund earnings from 15% to 30% for individuals with account balances above $3 million. The closing date for submissions is 17 ...
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Carisma Solutions
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Role Of An Accountant In Environmental, Social & Governance (ESG) Reporting

Date: May 2, 2023
Categories: Business Service
Sustainability is a hot-button topic right now, due to the increasing awareness of what we can collectively do to reduce the impacts of climate change. The accountancy profession can play a significant role in achieving both climate change mitigation and adaptation of required standards such as thos ...
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SMSF
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A Study Of The New 15% Tax On Member Super Balances Of $3 Million Or More

Date: May 2, 2023
Categories: Superannuation
Broadly, from 1 July 2025, when a member’s Total Superannuation Balance (TSB) exceeds $3 million, an increase in their TSB at the end of the relevant financial year (as adjusted for withdrawals and contributions) will be assessed to them personally as ordinary income.The increased amount of TSB wi ...
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Financial Planning
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Robo Advisory In Wealth Management

Date: May 2, 2023
Categories: Financial Planning
Disruption of AI in Wealth Management:Robo-advisory has greatly changed the framework and method of research in traditional wealth management services by using customized algorithms to analyze investment data and create customized investment portfolios for individuals. This technology-based a ...
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