• jobmaker
    JobMaker Hiring Credits: What We Know So Far
    We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not passed Parliament as yet and until this occurs, the JobMaker rules are not certain and may change. More details should be available soon and we’ll […]
  • tax loss
    Refunds for Tax Losses
    If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits.  In the 2020-21 Federal Budget, the Government announced that businesses with turnover under $5bn* will be able to offset any losses made between 2019-20 and 2021-22 against previously […]
  • investment
    Tax Deductions for Investing in Your Business
    Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn* to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use. This means that […]
  • system-outage
    ATO Extends JobKeeper Monthly Declaration After System Downtime
    Despite the business monthly declaration for October JobKeeper payments due on 14 November, the ATO had scheduled its system maintenance for online services for agents over the weekend, effectively affecting access over both days. As such, the ATO has now confirmed it will continue to accept and process late declarations. […]
  • best-worst-smsfs
    3 Best and Worst Super Funds Revealed
    Source: NestEgg Stockspots 2020 Fat Cat Funds report has stated that poor performance is largely due to higher fees, with CEO Chris Brycki highlighting to consumers they would be $200,000 better off if they are in a fund charging less than 1 per cent instead of paying 2 per cent. “One […]
  • Australian Tax Office
    ATO Flags Key Early Access to Super Dates
    In an online update, the ATO said that ATO offices will generally be closed from midday of 24 December 2020 to the start of business on 4 January 2021. The last fund files prior to Christmas will be sent on 24 December 2020 – this will include all approvals up […]
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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