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Welcome to our blog, we will keep you informed
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Season greetings

Date: December 6, 2019
Categories: Monthly Update
This is a wonderful holiday season. I am delighted to wish you and your family funfilled holidays, Merry Christmas and a Beautiful 2020.I would like to thank you for all your trust and support to me and Carisma solutions in 2019.We look forward to growing with you in 2020 and beyond.Gratefull ...
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#November 2019 tax updates
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November 2019 Update

Date: November 14, 2019
Categories: Monthly Update
 ATO to scrutinize every return for tax time 2019The ATO has announced that it will scrutinize every tax return for the tax time 2019 as part of an ongoing focus on closing gaps. The ATO has also announced that the taxpayers who have made incorrect claims may be subject to audit even if ...
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September 2019 update

Date: September 19, 2019
Categories: Monthly Update
We are glad to share our September edition of Monthly update. Below are ATO and other major updates up to August 2019.The ATO strongly encourages all employers with 19 employees or less to get on board and start reporting through Single Touch Payroll (STP) from 1 July 2019. The ATO understands the m ...
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Why it’s better to be Special.

Date: July 19, 2019
Categories: Tax
A Special professional is one who uses their artistic and intellectual skills and abilities rather than their technical skills. The artistic path is not very lucrative, save for a handful of exceptional people. Most of them do not enjoy the benefit of a stable income or job and must take whatever wo ...
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Tax Office priorities for tax returns 2019

Date: July 3, 2019
Categories: Tax
Rental deductions and cryptocurrency data-matching are joining work-related expenses on the Australian Taxation Office’s list of priorities as Australians prepare to lodge their tax returns.By Zilla EfratWhile it’s still keeping a firm eye on work-related expenses, the Australian Taxation Offic ...
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Australian Federal Budget 2019-20 & Our take on it!

Date: May 30, 2019
Categories: Federal
Members of regulated superannuation funds will not have to meet the work test after 1 July 2020if they are 65 or 66 years of age. Under the bring-forward rules, individuals meeting the agerequirement can make three years’ worth of non-concessional superannuation contributions (i.e.after-tax contri ...
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Corporate,Carisma blog
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An eventful September awaits us!

Date: August 23, 2018
Categories: Corporate, Events
Dear Client,Greetings from Carisma Solutions. We are delighted to inform you that this September, we will be sponsoring and attending the CLASS CONNECT CONFERENCE (Sep 16-18) in Sydney and XEROCON 2018 (Sep 4–6) in Brisbane, Australia. If you are around, ...
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Skill shift
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Skill shift: Automation and the future of the workforce

Date: August 23, 2018
Categories: Accounts, Corporate
Skill shifts have accompanied the introduction of new technologies in the workplace since at least the Industrial Revolution, but adoption of automation and artificial intelligence (AI) will mark an acceleration over the shifts of even the recent past. The need for some skills, such as techn ...
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federal budget
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Federal budget 2018 update & our take on it!

Date: August 23, 2018
Categories: Accounting, Corporate
Maximum allowable member in a fund is increased from 4 to 6.From 1 July 2019, audit of superfund can be done once in three years for SMSFs with a history of good record keeping and compliance.Individuals will be required to confirm in their income tax returns that they have complied with “notice o ...
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Accountants
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The next evolution for accountants?

Date: August 23, 2018
Categories: Accounts, Corporate
Data science: The next evolution for accountants?Some of the hottest fields in business call for exactly the skills that the accounting profession offers, according to IBM’s Leon Katsnelson.In a keynote address on artificial intelligence at CPA.com’s 2017 Digital CPA conference, held in S ...
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