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Carbon Markets in Australia

Date: February 3, 2023
Categories: Financial Planning
Carbon Market and Carbon CreditsAs the world looks up to its growing climate crisis, methods to reduce human impact, such as carbon offsetting, are making their way to the forefront.Carbon markets are trading mechanisms in which carbon credits are sold and bought. One tradable carbon credit e ...
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Leading the Way to Success

Date: January 13, 2023
Categories: Corporate, Events
Jonah Stephen Jeremiah, Managing Director, Carisma Solutions Private Limited, has been announced as a finalist for the Managing Director of the Year at the IABCA Awards ceremony 2023!Jonah Stephen is the founder & Managing Director of Stephen Ventures group companies - Carisma Solutions Pvt Ltd, ...
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Privacy protection strengthened with the approval of the Australian Federal Government’s updated penalty bill

Date: January 12, 2023
Categories: Technology
Protection guaranteed: New laws hold companies accountable for securing your data.The Privacy Legislation Amendment (Enforcement and Other Measures) Bill 2022 increases the maximum penalties for serious or repeated privacy breaches from the current $2.22 million penalty to whichever is the gr ...
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ATO Updates (January 2023)

Date: January 12, 2023
Categories: Monthly Update
Business Services Revised ATO guidance on the PSI rulesThe ATO has finalized its guidance on personal services income (PSI) and personal services businesses (PSB). Taxation Ruling TR 2022/3 provides general guidance on the operation of the personal services income (PSI) rules. It combi ...
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Bookkeeping for Cafes and Restaurants

Date: January 9, 2023
Categories: Bookkeeping
Small businesses often struggle to keep track of their finances and cash flow. This can be especially challenging for busy cafes and restaurants, which often have to juggle multiple tasks, such as managing frequently changing staff and shifts, dealing with suppliers, and keeping track of cash flow. ...
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Future of Accounting Profession and Practice

Date: January 9, 2023
Categories: Business Service
Change is an undeniable fact of life. With every passing year, new and innovative improvements are made in software, which helps in enhancing the user experience. Accounting trends and developments are reactions to changing landscapes, technology disruption, and other market forces that shape the ac ...
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Role of ESG in Financial Markets

Date: January 5, 2023
Categories: Financial Planning
ESG is an industry recognized framework that helps stakeholders understand how a company handles environmental, social, regulatory risks and opportunities (sometimes referred to as ESG factors).ESG is an acronym for Environmental, Social, and Governance. ESG takes the macro perspective on the creden ...
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DocuSign and its Digital E-signature Features

Date: January 5, 2023
Categories: Superannuation
As a professional SMSF group, Carisma Solutions strongly advises all of our clients to utilize the convenient and efficient Digital E-Signature feature. By using this tool, the process of signing final statements and documents for SMSFs can be streamlined and completed more swiftly. Our team has fir ...
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Cybersecurity

Date: December 13, 2022
Categories: Technology
Every 39 seconds, a cyber-attack is reported worldwide, totalling 2244 daily threats. Although it may seem impossible to trace and stop these cybercriminals, a permanent solution to ending these crimes is by eradicating them. In the fast-paced world of business, it has become a fact that cyber-attac ...
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ATO Updates (December 2022)

Date: December 13, 2022
Categories: Accounting
SuperannuationTax agents banned for misuse of SMSF auditor numbersThe TPB has issued a release in relation to two tax agents whose registrations were terminated for allegedly preparing and lodging SMSF annual returns and falsely claiming audits had been completed.The cases were refer ...
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