Bookkeeper Blog

Fixed rates tumble: a sign of things to come?

by Flexible Financial Solutions

When will interest rates fall? It’s the question everyone is asking right now, and while speculation swirls about future rate cuts, the latest moves in fixed rates suggest we may not have to wait too much longer for variable interest rates to head south. While about 4-in-5 Australian households are currently on a variable-rate mortgage, fixed-rate home loans shouldn’t be overlooked. Locking into a fixed rate… Read More »Fixed rates tumble: a sign of things to come?

The home loan feature 70% of new borrowers are hooked on

by Flexible Financial Solutions

When it comes to home loan features we’re spoiled for choice. Even basic loans can come with a fisherman’s basket full of options. But one feature in particular is being targeted by seven out of 10 home buyers. Faced with high interest rates and a cost of living crunch, home owners in droves are using home loan offset accounts to their advantage. One of the… Read More »The home loan feature 70% of new borrowers are hooked on

Streamline Your Payroll: Essential Tips for Small Businesses

by Support Flexible

Small business payroll might seem simple at first, but as your business grows, so does the complexity of the process. However, this complexity is a good sign – it means your business is expanding! Understanding Small Business Payroll When managing payroll, you need to consider various factors like income tax, superannuation, award rates, salary sacrificing, and more. While you can handle it yourself, outsourcing payroll… Read More »Streamline Your Payroll: Essential Tips for Small Businesses

Simplify Your Business Life with BAS and GST Tips

by Support Flexible

Business Activity Statements (BAS) and Goods and Services Tax (GST) are essential aspects of running a business in Australia. Understanding and complying with BAS and GST regulations can help you avoid penalties and ensure the smooth operation of your business. This comprehensive guide provides valuable tips on preparing and lodging your BAS and getting your GST information right. Understanding BAS and GST Before diving into… Read More »Simplify Your Business Life with BAS and GST Tips

Mastering Money Matters: A Small Business Guide to Bookkeeping

by Support Flexible

Ever felt overwhelmed by the financial side of running a small business? Don’t worry, you’re not alone! Understanding bookkeeping can be a game-changer, helping you make informed decisions and stay on top of your finances. Let’s break it down. At its core, bookkeeping is the process of recording and tracking your business’s financial transactions. It’s like keeping a detailed diary of your money, but with… Read More »Mastering Money Matters: A Small Business Guide to Bookkeeping

Landlords Need a Break: EOFY Tips for Rental Properties

by Support Flexible

Being a landlord can be a lot of work. Between finding tenants, managing repairs, and dealing with rent, it’s easy to feel overwhelmed. And when it comes to tax time, things can get even more complicated. That’s why we’re here to help! End of Financial Year (EOFY) can be a real headache for landlords. There are so many things to keep track of, from… Read More »Landlords Need a Break: EOFY Tips for Rental Properties

Charting the Course: What Business Owners Are Planning for FY 2025

by Support Flexible

The ink is barely dry on the financial year 2024 reports, but business owners are already setting their sights on the future. With a new financial year upon us (FY 2025), what can we expect from businesses of all sizes? This blog will explore the key trends shaping business plans for the coming year, giving you valuable insights you can leverage for your own success.… Read More »Charting the Course: What Business Owners Are Planning for FY 2025

Your Dream Home: Government Grants & Schemes for You

by Support Flexible

Taking that first step onto the property ladder can feel like a giant leap, especially when saving for a deposit. But the good news is, there’s a helping hand available! The Australian government offers several fantastic grants and schemes specifically designed to make buying your first home more achievable. Let’s explore five of the most helpful options: First Home Guarantee (FHG): This scheme allows eligible… Read More »Your Dream Home: Government Grants & Schemes for You

Bridging the Gaps: Common BAS and GST Challenges in Construction Businesses

by Support Flexible

Operating a business within the building and construction industry demands considerable effort. Beyond the physical demands, successful management requires adept planning, scheduling, and financial skills to effectively handle cash flow and subcontractors. Builders face a multitude of challenges, including enduring long hours, extensive travel, and navigating through various regulations. It is not uncommon for bookkeeping and administrative functions to be relegated to a secondary role… Read More »Bridging the Gaps: Common BAS and GST Challenges in Construction Businesses

Why Bookkeeping is Your First Step in Resolving Tax Debt

by Support Flexible

Navigating tax debt can be a stressful experience, but it’s crucial to understand that bookkeeping serves as the vital first step towards finding a solution. Whether you’re a small business owner, a freelancer, or an individual taxpayer, managing your financial records is the key to settling your tax debt and staying in good graces with the Australian Taxation Office (ATO). The Australian Tax Landscape… Read More »Why Bookkeeping is Your First Step in Resolving Tax Debt

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