Connecting the Dots | December 2024

Happy Holidays!

As we reflect on a memorable 2024, we are deeply grateful for your trust and partnership. Here’s to a joyful holiday season and an exciting 2025 ahead. Wishing you and your loved ones happiness and success in the year to come.

Excited to announce our new service offerings:

• Specialised NDIS (National Disability Insurance Scheme) accounting solutions, designed to support NDIS providers, accountants & bookkeepers with customised, compliant financial services.

To know more, visit our website: NDIS - Carisma solutions

• Audit & Assurance Support Services through a dedicated Audit Support Division, designed to meet the diverse needs of Audit and Accounting firms.

To know more, visit our web page: Audit & Assurance Support Services

?? 21 December

• Lodge and pay November 2024 monthly business activity statement.

• Prepare to lodge your quarterly January TBAR
• Understanding Qualified Audit Reports
• Aged care reform passes both Houses
• APRA survey reveals mixed progress on climate risk management

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Key Information for SMSF Auditors

Self-Managed Super Funds (SMSFs) offer control over retirement savings but demand strict adherence to auditing standards, particularly auditor independence. Curious about how ethical guidelines ensure trust in audits and safeguard your retirement savings? Discover practical insights into maintaining objectivity and compliance.

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Australia’s Transparency Reporting?Legislation

Australia is making a significant move toward corporate transparency with the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024. Effective from 1 July 2024, the law requires large multinational corporations to publicly disclose detailed tax and financial information. With penalties for non-compliance reaching up to AUD 782,500, this legislation aims to curb profit-shifting and promote tax fairness.?

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Understanding Australian Real Estate Investment Trusts (REITs)??

Australian Real Estate Investment Trusts (REITs) offer a unique way to invest in real estate without the hassle of owning physical properties. But what are the real benefits and potential risks of investing in REITs? From diversification and income generation to exposure to market volatility and interest rate changes, there’s much to consider. In this blog, we dive deep into how REITs work, the different types you can invest in, and what you need to know before diving in.

Read more >>

CS?Highlights ?

Stay connected with our Client Success Executives

?????? Prasoon Veerath ?????? Roshan Carvalho ?????? Pooja Tattia

?? LinkedIn ?? Website

Services

One Business Services | Services Management | Smart SMSF?| Wealth Management

Mortgage?Services | Consulting & Projects NDIS Related Services | Technology Solutions

India Desk | Enterprise Finance & Accounting | Audit & Assurance Support Services

To discuss, please contact us?at?(61) 39075 6705?or?write to

[email protected]

Disclaimer:?The Client Newsletter?is issued as a helpful guide to clients and is sent for their private information. You are advised?not to act solely on the basis of the material contained in the Newsletter as changes in regulations?may occur quickly.

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