bookkeeping Archives | Nobel Thomas

Economic crossroads: US shrinks, China stimulates, Australia holds steady

Accountant, bookkeeping, Financial Planning, Small Business Accountant, tax / Nobel Thomas

The US economy experienced a notable slowdown in the first quarter of 2025. The latest GDP data showed the economy contracted at an annual rate of -0.3%. Businesses stockpiling goods (which increased import volumes) ahead of the implementation of President Trump’s shemozzle of a tariff policy was one of the reasons for the contraction in […]

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Accountant Near Me: 2025 Reviews & Expert Tips

Accountant, bookkeeping, Business Tax, financial advisor, Financial Planning, Small Business Accountant, tax / Nobel Thomas

Whether you’re a small business owner, a busy professional, or managing your personal finances, finding the right accountant is critical. As time goes on, the type of accounting services evolves—offering more online accessibility, personalised advice, and technology-driven solutions. If you’ve ever typed “accountant near me“ into Google, you’ll have a number of results come up.

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Tax Planning: What to Expect This June 2025

Accountant, bookkeeping, Business Succession, Business Tax, financial advisor, Financial Planning, Small Business Accountant, tax / Nobel Thomas

As the end of the financial year approaches on June 30, 2025, it’s crucial for Australian individuals and businesses to engage in proactive tax planning with their tax accountant Melbourne. This period offers opportunities to maximise deductions and position yourself advantageously for the upcoming financial year. Here’s what you need to know: 1. Updated Income

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Business Loans in Melbourne: A Guide for All Sizes

Accountant, bookkeeping, Budgeting, Business Loan, Business Succession, financial advisor, Financial Planning, Small Business Accountant / Nobel Thomas

Whether you’re a solo entrepreneur launching a startup in inner city Melbourne, a family-owned café or a mid-sized manufacturer in the out skirts, access to capital is often the key to growth. A business loan Melbourne comes in many shapes and sizes — and navigating them can be tricky if you don’t know where to

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Accounting Firm Services That Can Transform Your Finances

Accountant, bookkeeping, Business Tax, financial advisor, Financial Planning, Small Business Accountant, tax / Nobel Thomas

When most people think of an accounting firm, they think of tax returns and BASs. While that’s certainly part of our job, modern accounting firms offer a broad range of strategic services that can completely transform your financial position — whether you’re an individual, a business owner, or an investor. Here’s a closer look at

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Accounting Services: What You Need to Know

Accountant, bookkeeping, Business Tax, financial advisor, Small Business Accountant, tax / Nobel Thomas

Whether you’re running a small business, managing a growing enterprise, or simply trying to manage your personal finances, accounting services play a crucial role and help remain compliant with the ATO. But with a wide range of services available and evolving technologies, it’s important to understand what accounting services actually cover—and how they can benefit

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What is Bookkeeping: Business Introduction

Accountant, bookkeeping, Business Tax, financial advisor, Small Business Accountant, tax / Nobel Thomas

We know that starting a business comes with plenty of responsibilities – and one of the most important, yet often overlooked by our clients, is bookkeeping. Whether you’re running a small startup or managing a growing business, good bookkeeping practices lay the groundwork for good financial records, compliance, and long-term success. But what exactly is

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What is a Company Base Rate Entity?

Accountant, bookkeeping, Small Business Accountant, tax / Nobel Thomas

A Base Rate Entity (BRE) is a classification under Australian tax law that determines the corporate tax rate a company is subject to, whether 25% or 30%. Introduced to provide tax relief to small and medium-sized businesses, the concept of a BRE is crucial for understanding how Australian companies are taxed. This classification primarily hinges

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Xero vs MYOB: Choose the Best Cloud Accounting for Your Business

Accountant, bookkeeping, Budget, Small Business Accountant / Nobel Thomas

In today’s fast-paced business environment, it is imperative to manage finances efficiently for success. Two of the leading cloud-based accounting software solutions in Australia are Xero and MYOB. Each offers unique features tailored to specific business needs, making the choice between them an important decision. This guide breaks down their key features, pros, and cons

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How to Choose an Accountant in Melbourne

Accountant, bookkeeping, Small Business Accountant / Nobel Thomas

When it comes to reaching your financial goals, whether as an individual or a business owner, choosing the right accountant is a decision that can significantly impact your financial health and success. Melbourne is home to numerous accounting firms and professionals, making the selection process time consuming but worthwhile. This guide will help you navigate

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