Author name: codecstasy

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Is crypto the next payment option for businesses?

As we inch ever-closer to a cashless society – tapping our cards, phones and even watches to pay for goods and services – the question on everybody’s lips is: how long until we see a digital currency in Australia? Despite showing signs of stabilising after a monster crash last week wiped $US200 billion ($291 billion …

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Income tax, charity and estate planning strategies for digital assets

Virtual currency and other digital assets have become popular investment tools for high net worth individuals. As individuals acquire these assets, proactively considering the income tax, charitable, and estate planning consequences of these investments can help them minimize their tax burden, comply with evolving regulations and pursue their personal wealth goals. Digital assets: Crypto, tax, …

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How to claim tax relief on crypto losses

Whilst financial markets generally have been suffering, the losses seen in cryptocurrency markets represent more of a meltdown in value, with some badging it as the start of a ‘crypto winter’. Those who entered the market for the first time during the highs seen in 2021 and have held onto their cryptoassets are likely to …

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Re-treading old paths: Looking beyond maquiladoras for manufacturers in Mexico

Mexico’s maquiladora industry offers near-shorers an attractive vehicle for setting up a manufacturing base, but it is no quick fix – nor is it all the country has to offer. Companies should consider all their options.  Tesla’s new factory has put the spotlight on Mexico as a centre for manufacturing. It is, says automotive manufacturing …

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The value of using creativity to ignite innovation

The importance of people’s creativity can never be understated. Creativity and innovation have built the world that we live in and will continue to pave the way towards a better future. Each industrial revolution has introduced a seismic shift in the way we work and live – and the fourth industrial revolution is no exception. …

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Home to roost: Remote working and cybersecurity

Staying at home has revolutionised the workplace. While the move towards remote working has been a long-term trend, the pandemic supercharged it. The first lockdowns saw millions of businesses worldwide switch almost overnight to homeworking. Subsequent restrictions reinforced the practice and ensured it became a core part of the new normal even after opening up.  …

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The fraud fear is rising in financial planners

Data rich IFAs and Wealth Managers have become a target for cyber criminals.  Five contributors to cyber fraud fears  In the ever-evolving cyber landscape, a few ingredients make for a ripe opportunity for the cyber underworld. They include, but of course are not limited to:  These ingredients have come together to create the perfect conditions …

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Demystifying data analytics to unlock value

In the world of financial services, and even beyond, data analytics are becoming increasingly important to open up new areas of opportunity and potential for global businesses. Using data analytics effectively can help businesses to understand the needs and behaviours of their clients, optimise resources, identify the strengths and weaknesses of your product or services, …

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