If you are involved with running a not for profit (NFP) organisation it is important to be aware of key obligations and requirements. In particular, if the NFP qualifies as a tax exempt entity there are some specific conditions that need to be satisfied and a relatively new ATO reporting obligation which needs to be […]
ATO’s new requirements for NFPs Read More »
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
Tax Planning: What to Expect This June 2025 Read More »
As your business expands, so too does the complexity – more detailed ATO lodgements and the need to plan for sustainable growth. A small business accountant isn’t just someone who lodges your tax return—they’re a strategic partner who can drive profitability, minimise risk, and help you make confident decisions. In this blog, we’ll explore why
Business Accountant: A Guide for Growing Companies Read More »
A comfortable and secure retirement requires careful planning, discipline, and smart decision-making. Whether you’re in your 30s or approaching your 60s, it’s never too early (or too late) to start planning for retirement. Here are key steps to help you plan for a retirement that supports your lifestyle and gives you peace of mind. 1.
Retirement Planning: Smart Steps to a Comfortable Life Read More »
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
Business Loans in Melbourne: A Guide for All Sizes Read More »
Family trusts are a powerful tool for asset protection, tax planning, and wealth management in Australia. But while they offer many benefits, they can also come with complexities —particularly around distributions. Mismanaging these can result in serious tax consequences and even legal disputes. Having a competent business accountant Melbourne by your side, like Nobel Thomas,
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Generational wealth refers to assets passed down from one generation to the next. With rising costs of living, growing economic uncertainty, and the desire to create a meaningful legacy, families are becoming more intentional about how they build and pass on wealth across generations. Here’s what you need to know. What Is Generational Wealth? As
Generational Wealth: What You Need to Know Read More »
This guide breaks down everything you need to know about payroll tax, from what it is and who pays it, to thresholds, rates, and tips for staying compliant. What is Payroll Tax? Payroll tax is a state or territory-based tax on employment. It is imposed on employers when their total wages exceed a certain threshold
What is Payroll Tax: Your Ultimate Guide Read More »
A Self-Managed Super Fund (SMSF) is a private superannuation fund in Australia that you manage yourself (hence called ‘self managed’). It is designed to help individuals save for retirement, offering greater control over investment choices compared to traditional superannuation funds. However, with this control comes responsibility, as SMSFs must comply with strict regulations set by
What is a Self Managed Super Fund (SMSF)? Read More »
The holiday season is a time for joy, celebration, and relaxation—but for many individuals and businesses, it can also bring financial stress. From navigating end-of-year tax obligations to budgeting for holiday expenses, financial matters can become overwhelming. This is where a skilled accountant Melbourne can step in to make your holiday season stress-free. 1. Managing
How an Accountant in Melbourne Can Help This Holiday Season Read More »
