• ATO
    ATO to Optimise Self-Service Offerings
    Speaking at the 2021 Institute of Public Accountants National Congress, Chris Jordan said as part of the ATO’s 2024 aspirations it will continue its focus on digital transformation as a way to both become more streamlined, integrated and data-driven, while building trust and confidence at the same time. “These aspirations drive our […]
  • cryptocurrency
    Tax and the Normalisation of Cryptocurrency
    In early November, the Commonwealth Bank announced that it is now Australia’s first bank to offer customers the ability to buy, sell and hold crypto assets, directly through the CommBank app. You know when the banks come on board, cryptocurrency has become normal. But cryptocurrency is only one part of […]
  • directors id
    How to Set Up Your Director ID
    What is a director ID? A director ID is a 15 digit identification number that, once issued, will remain with that director for life regardless of whether they stop being a director, change companies, change their name, or move overseas. The introduction of the Director Identification Number (DIN) is part […]
  • scotpac
    ScotPac Launches $100m SME Fund
    The ScotPac SME Bounce Back Fund will allow business owners to access up to $1 million capital, with the first three months being interest-free. ScotPac CEO Jon Sutton said the initiative will operate on a “first-come” basis from today until April 2022 or until funds are dispersed.This initiative will give […]
  • More Cryptocurrency Guidance
    The ATO has released some additional (but brief) guidance on some of the key issues that tax practitioners should consider when clients are engaged in cryptocurrency investment or mining activities. Many of the issues covered were asked during Knowledge Shop’s Cryptocurrency Forum.   The ATO makes the comment that most […]
  • child care subsidy
    Increased Child Care Support Brought Forward
    Around 250,000 Australian families will now benefit from increased Child Care Subsidy (CCS) from 7 March 2022, four months earlier than first expected. On average, these families will be more than $2,200 a year better off. The additional subsidies for families with two or more children in care were due to start on […]
7 January 2019

3 Emerging Ecommerce Trends to Follow in 2019

When it comes to running an ecommerce business, you need to work with a Melbourne accountant that understands the unique challenges and requirements that come with running an online shop. Nobel Thomas Melbourne Accountants have been working with small businesses across Melbourne that operate both brick and mortar stores and […]
8 January 2018

Accounting in the Age of Digital Currencies: Bitcoin & Blockchain – the New Disrupters

Source: PC World Australia From cowrie shells to cattle, coins to e-commerce, barter and exchange has transformed societies since the dawn of civilisation. Now, it’s happening again. Cryptocurrency, encrypted digital currencies like Bitcoin, and the disruptive blockchain technology that underpins it will fundamentally change how businesses operate – and present […]
30 October 2017

Accounting for eCommerce

Growing an eCommerce business or integrating an eCommerce solution into your existing business requires accountants with real world experience. Nobel Thomas specialise in guiding you through this process. As eCommerce matures and blends with traditional commerce, modern businesses need advisors who can traverse both spaces. Nobel Thomas are among the […]
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