Carisma Solutions Blog » Superannuation
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Superfund 2021 Returns: Rise above 12% Observed

December 31, 2021
Superannuation
This year’s result represents a continuing reward for those members who’ve remained patient and trusted their funds to weather the crisis.Australian shares lost 0.5 percent during November, while international shares dropped 1.5 percent; however, the depreciation of the Australian dollar saw the ...
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What is an SMSF Collation Package?

December 9, 2021
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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Employee’s super will now follow them

November 9, 2021
Superannuation
From 1 November 2021, there is an extra step that employers may need to take to comply with the choice of super fund rules.If a new employee does not choose a super fund, most employers will need to request the employee's stapled super fund(an existing super account which is linked) details from us ...
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ATO Updates (August 2021)

August 9, 2021
Superannuation, Tax
INDUSTRY UPDATES: New Services to attract Foreign BusinessesThe ATO has launched its New Investment Engagement Service (NIES) on 1st July 2021.The purpose of launching these services is to promote confidence & assist foreign Investors in understanding potential tax risks ar ...
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Your Future Your Super Policy: What it really means?

July 6, 2021
Superannuation
Superannuation system that we have now, has gone under quite a few reviews since 2013. The reviews were commissioned by the Coalition Government to ensure that the system is working for the Australians. Upon a 2014 Financial System Inquiry (FSI), it was observed that super industry needed to improve ...
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The First Home Super Saver Scheme

March 9, 2021
Superannuation
The first home super saver scheme , commonly abbreviated as FHSS allows eligible first time home buyers to voluntarily contribute to superannuation and withdraw an amount (plus earnings and less tax) to buy a first home.Eligibility for the FHSS Scheme :Individual at least 18 years oldHave never owne ...
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Augment your SMSF business on Cloud

January 13, 2021
Superannuation
Carisma's comprehensive SMSF services enable Australian accounting firms manage SMSF administration in a seamless, efficient and cost effective way. Today, we enable 100+ Accounting firms across Australia. Our relentless pursuit for excellence in accounting and adoption of latest technology has res ...
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BGL wins ‘SMSF Software Provider’ award for the third time in a row

September 3, 2020
Superannuation
In its seventh year now, the SMSF Awards presented by SMSF Advisor continues to recognise the excellence and innovation of the best performing operators servicing SMSF professionals. The winners are based on a survey which was distributed to SMSF professionals and the results were determined by an i ...
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First principles: What do accountants really do?

August 23, 2018
Accounting, Accounts, Bookkeeping, Business Service, Corporate, Superannuation
There’s a great scene in “The Silence of the Lambs” where Hannibal Lecter guides young FBI agent Clarice Starling in her pursuit of a serial killer by getting her to return to “first principles,” asking, in the manner of Roman philosopher-emperor Marcus Aurelius, “What is this thing i ...
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