Cyber Security
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Cyber Safety

March 7, 2023
Business Service
In today's digital world, cybercriminals are constantly on the prowl for easy targets. Failing to update your devices or continually clicking the "remind me later" button is like sending a message to these cyber thieves that your device can be targeted. Delaying updates and ignoring cyber threats ca ...
Green washing
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What is Greenwashing and How does it Impact our Lives?

March 6, 2023
Financial Planning
Greenwashing can be considered as a marketing spin/tactic to the public who are deceptively persuaded to believe that a particular organization’s products and services are environmentally friendly.In relation to investments, 'Greenwashing' is the practice of misrepresenting the extent to which a f ...
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Transfer Balance Cap (TBC)

February 9, 2023
Superannuation
Starting on 1 July 2023, the General TBC is set to soar from its current $1.7 Million to a whopping $1.9 Million! But thanks to the proportional indexation approach, some individuals will see a substantial increase in the amount they can transfer into their retirement phase pensions, while others ma ...
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ATO Updates (February 2023)

February 8, 2023
Monthly Update
Financial Planning Tax (financial) advice services status to be displayed on Financial Advisers Register (FAR)ASIC has stated that its Financial Advisers Register (FAR) is soon to display whether a financial adviser can provide tax (financial) advice services. This will take effect f ...
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Embrace the Change: Shift to Fresh Reports Today

February 7, 2023
Bookkeeping
Start moving your work to the new reports right away if you haven't already. This will give you enough time to get comfortable with them before the old versions are no longer usable.Below is a list of the newest additions to the reports:Columns in the aged reports will now hide itself if it's not ne ...
Client Acquisition Tactics
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Client Acquisition Tactics

February 6, 2023
Business Service
The latest data shows that Google processes over 99,000 searches every single second and this makes more than 8.5 billion searches a day, with the current digitalization across the world, there are no longer clients seeking a referral from modern accountants, they head to google for more data. Her ...
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Carbon Markets in Australia

February 3, 2023
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

January 13, 2023
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

January 12, 2023
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)

January 12, 2023
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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