• skilled migration
    Is It Time for Australia to Rethink Skilled Migration?
    Source: NestEgg When borders reopen, Australia has a chance to reshape its migrant policy, with an opportunity to target younger, more skilled workers, a think tank has revealed. Australia is not attracting the right migrants, instead it should focus on simplifying the process, taking in younger skilled workers, and paying them […]
  • Fringe Benefit Tax
    FBT Exemption, LMITO Tax Bill Introduced Into Parliament
    Source: Accountants Daily Treasury Laws Amendment (2021 Measures No. 4) Bill 2021 was introduced to the House of Representatives on Wednesday and contains two tax measures included in the Morrison government’s 2021–22 federal budget.  The first of them is the government’s FBT exemption, which will provide employers with a way […]
  • cryptocurrency
    ATO Sheds Light on Crypto Compliance Focus
    Source: Accoutants Daily Speaking at a tax-time tips seminar on Thursday, ATO assistant commissioner Adam O’Grady warned tax agents and taxpayers that his office will be closely watching all capital events related to cryptocurrency come tax time.  “It is really important for all capital assets; we will be looking to […]
  • Government Scraps Work Test for Voluntary Superannuation Contributions
    The government has announced it will allow individuals aged 67 to 74 years (inclusive) to make or receive non-concessional (including under the bring-forward rule) or salary sacrifice superannuation contributions without meeting the work test, subject to existing contribution caps. Individuals aged 67 to 74 years will still have to meet the […]
  • ATO tax tables
    ATO Offers Lodgement Deadline Support
    The Tax Office on Friday announced that tax practitioners still affected by the impacts of COVID-19 can now request for help through a dedicated phone line linked to the tax agent lodgement program fast key code. “I have been so proud of the way the tax profession has stepped up […]
  • Your SMSF: When Expenses and Investments Are Not at Arm’s-length
    We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the SMSF, its assets, and its members (or relatives of members). We’ve set out some of the common questions and answers. […]
16 January 2018

How an Accountant Can Help With Your New Business

There is hardly any large-scale business that operates without an accountant. Most of them have a team of professional accountants that help them in making better financing decisions by keeping the cost under control. Startups and new businesses need an accountant too. Yes, you can manage your startup yourself but hiring […]
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 […]
3 August 2017

Why Hire A Small Business Accountant?

Considering the number of startups that fail in the first year of business, and the challenges entrepreneurs face on a daily basis, it’s apparent that we must help startups understand the importance of working with dedicated professionals. Does a small business accountant cost money? Of course, and it’s one of […]
19 July 2017

Importance of Recordkeeping

For small business owners, with a little study and familiarisation with your bookkeeping software, you should be able to manage your most basic financial records without the help of a Melbourne accountant. This includes the daily recording of transactions, maintenance of a general ledger, and maintenance of your cash records. There are some […]
10 July 2017

Tips on Choosing Accountants in Melbourne

A new business owner has many choices to make such as selecting an office location to picking bank accounts and finding a good accountant in Melbourne. It can often become overwhelming and the temptation is to take shortcuts. But choosing the right accountant can make a huge difference to a […]
19 December 2016

Why You Need to Get An Accountant in 2017

Most business owners don’t really enjoy bookkeeping or accounting. They end up doing it late at night or on weekends, when they’d rather be spending time with their family and friends. Yet they carry on because they have a do-it-yourself (DIY) attitude and they think hiring an accountant is a […]
29 February 2016

Why Hire a Melbourne Accountant When Acquiring a Business?

The city of Melbourne is a choice spot for businesses. No wonder many of Australia’s biggest companies chose it to house their head offices. If you’re planning to have your own business in this thriving city, acquiring an existing company might pique your interest. Buying a business in Melbourne or […]
13 April 2015

Accounting For Tradesmen

So you consider yourself a smart operator when it comes to offering your professional services, may it be plumbing, electronics, carpentry, landscaping or whatever type of trade you may be in. However, aside from ensuring customer satisfaction, you are also faced of an equally challenging task of keeping your books […]
27 February 2015

Meeting With Your Financial Planner or Melbourne Accountant

You would want to make the most of your first meeting with you financial planner or Melbourne accountant, which can be your trusted Melbourne accountant. Make sure you’re organised and know exactly what to bring. A financial planner or Melbourne accountant is a person who helps us with our finances […]
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