George Barraclough

Discover essential topics like NDIS manual payment reviews, business continuity strategies, Federal Court insights on payment delays, and tips on avoiding compliance pitfalls. 🗓️ Date: October 24th, 2024 🕒 Time: 4:30 PM - 7:30 PM 📍 Location: Melbourne Business School Lecture Theatre 1 (LT1) - Hybrid Key Points? 🚨 NDIS Payment Delays: What you can do to avoid disruptions 🚨 Compliance Threats: Learn to steer clear of costly mistakes 🚨 Legal Insights: Critical updates on federal rulings affecting NDIS providers This is your last chance to secure a spot! Don't miss out on the strategies that could protect your business from losing its license. 🔒 Secure Your Seat Now! 👉 https://lnkd.in/dtae7nw4 Call us: 1300 866 959 . . . #ndis #ndiscompliance #ndisproviders #businesssuccess #vertex360 #ndissupport #ndissoftware #ndisbusiness #ndisregistration #compliancemanagement #ndissuccess #ndisplanmanagers

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Embracing feedback, whether it's a pat on the back or criticism, is key for providing better services and supports, and staying on track with NDIS compliance. Here's your opportunity to learn some practical ways to integrate feedback into your NDIS business, thanks to our friends over at Kinora! Details below. #MyPlanManager #Kinora #NDIS #NDISproviders #NDISbusiness #NDIScommunity #Feedback

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Are you struggling to get referrals in your NDIS business? 🤕 At J2, we understand the challenges of relying solely on word-of-mouth referrals. That's why we've developed tailored and tested digital marketing service packages to propel your NDIS business forward. This isn't just another bullsh*t lead generation tactic ✌️ We're laser focussed on REAL results - i.e. getting you referrals. And not just any referrals. We'll help you grow your business to the point where you're only working with your ideal clients, providing your ideal services, and securing your ideal funding allocations. We'll get in the weeds with you, implement a full strategy and setup process, and optimise your campaign weekly. It's a multi-channel approach, because we know too well that putting all your eggs in one basket isn't going to get you solid results. Here's where you might be thinking, 'What do these guys know about growing an NDIS business?" We have first-hand lived experience in the industry, with staff members as both NDIS participants and providers. We know the challenges. We understand it's an ever-changing landscape. We feel how competitive the industry is right now. And we also loathe that there's hundreds of cowboy companies in your service area. If you're dedicated to providing high quality services and genuinely care about the wellbeing of your clients, then you could be a good fit to work with us. We are currently taking on a limited number of new clients. Book a meeting here: https://lnkd.in/gbpvetjN #ndis #digitalmarketing #businessgrowth #contentcreator

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🌟 Smart Tax-Saving Strategies for NDIS Providers 💼 Hey LinkedIn Community! Tax season can be a daunting time for NDIS providers, but with the right strategies, you can maximize your tax savings and keep more of your hard-earned money. Here are some effective tax-saving tips tailored specifically for NDIS providers: 1. Claim Eligible Deductions: Take advantage of all eligible deductions related to your NDIS services. This may include expenses for staff training, equipment, administrative costs, and travel expenses directly related to providing NDIS services. 2. Leverage Depreciation: Depreciation allows you to deduct the cost of assets used in your NDIS business over time. Make sure to accurately calculate and claim depreciation on items such as vehicles, computers, and specialized equipment. 3. Home Office Deduction: If you use a portion of your home for administrative tasks related to your NDIS services, you may be eligible to claim a home office deduction. This can include a portion of your rent, mortgage interest, utilities, and maintenance costs. 4. Superannuation Contributions: Consider making additional superannuation contributions. These contributions may be tax-deductible and can help you save on taxes while planning for your retirement. 5. Prepay Expenses: If possible, prepay some deductible expenses before the end of the financial year. This allows you to claim the deduction in the current year and reduce your taxable income. 6. Maximize Instant Asset Write-Off: Take advantage of the instant asset write-off scheme for assets purchased for your NDIS business. This allows you to deduct the full cost of eligible assets in the year they are purchased, up to a certain threshold. 7. Charitable Contributions: If you make charitable contributions related to your NDIS activities, ensure you keep receipts and claim these as deductions. Donations to registered charities may be tax-deductible. 8. Keep Detailed Records: Maintain detailed records of all income and expenses related to your NDIS services. Good record-keeping not only ensures compliance but also maximizes your ability to claim deductions. 9. Seek Professional Advice: Consult with a qualified accountant or tax advisor who specializes in NDIS providers. They can provide personalized advice based on your specific circumstances and help you navigate complex tax laws. 10. Stay Informed: Keep up-to-date with changes in tax legislation and regulations that may affect NDIS providers. Being aware of new opportunities and requirements can help you optimize your tax strategy. Implementing these tax-saving strategies can help you reduce your tax liability and optimize your financial resources. By taking proactive steps now, you can set yourself up for financial success in the future. #TaxSavingStrategies #NDISProviders #FinancialManagement #BusinessSuccess #LinkedInTips

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💰💰 Make sure you don't miss out on the maximum government contribution for your KiwiSaver 💰💰 If you're aged 18 or over and have been contributing to your KiwiSaver, the government will contribute up to $521,43 each years. To get this full government contribution, you must have contributed at least $1,042.86 to your KiwiSaver in the period from 1st July 2023 to 30th June 2024. If you do not contribute $1042.86 to your KiwiSaver by the 30th June, the government will still contribute 50 cents for every dollar you save. For example, if you contribute $50 you will get a government contribution of $25. Good news you don't need to do anything to claim this contribution! Your KiwiSaver provider will make the claim on your behalf and will be paid directly into your KiwiSaver account (usually by the end of August). You can use your KiwiSaver to put towards your deposit on your first home 🏠 or use can use your KiwiSaver to save for your retirement. The team at Wayne Henry Mortgages are available to chat anytime about how your KiwiSaver can help you into your first home. Let's chat! 📞 0800 WHENRY 💻 info@waynehenry.co.nz #kiwisaver #kiwisavercontributions #governmentkiwisavercontribution #waynehenrymortgages #waynehenrymortgageadviser #lisabartonmortgageadviser #waynoandkaz #pikithekiwi #helpingeverydaykiwis #closerthanyouthinktohomeownership #kiwisaverwithdrawalforfirsthome #firsthomebuyernz #firsthomebuyerauckland #mortgageadviserauckland #mortgageadvisernewzealand

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📈 Stuck with your marketing for your NDIS business and trying to get your services known? Here are some tips to help you with your marketing: Understand Your Audience: Take the time to deeply understand your target audience - NDIS participants, their families, and caregivers. Identify their needs, pain points, and aspirations. Build Trust and Credibility: In the healthcare and disability support sector, trust is paramount. Showcase your expertise, experience, and commitment to quality care through testimonials, case studies, and success stories. Utilise Digital Marketing: Leverage digital channels to reach and engage with your audience effectively. Maintain an informative and user-friendly website that provides valuable resources, answers FAQs, and highlights your services. Educate and Empower: Position your business as a thought leader in the NDIS space by sharing valuable insights, tips, and resources through blogs, webinars, workshops, and other educational content formats. Forge Strategic Partnerships: Participate in industry events, conferences, and networking gatherings to connect with potential partners and stakeholders. By working together, you can offer comprehensive solutions and support to NDIS participants while amplifying your marketing efforts through shared networks. Book in for a 15 minute consultation with our leader, Gina, to get started in growing your NDIS business. #ndisconsulting #ndisconsultant #ndispolicies #ndisprocedures #ndismanagement #australia #sydney #ndisprovider #ndisservice #ILOVENDIS

🔑 How to Avoid Common Pitfalls in NDIS Property Investment Investing in NDIS properties can be incredibly rewarding, both financially and in terms of the social impact you create for participants. But not all NDIS homes are created equal. Here’s what you need to know to avoid costly mistakes. One of the biggest issues we see is poorly planned "cluster homes"—10 or more homes crammed into one street in areas where people simply don’t want to live. These types of developments, often found in oversaturated regions like Logan, Queensland, and Wyndham Vale in Melbourne’s west, lack foresight. Early builders didn't understand the long-term needs of participants, nor the functionality that these homes should provide. Cheap, low-quality builds are another common trap. Cutting corners on location or design may save you a few dollars upfront, but it often backfires. Homes that don’t cater to the specific needs of NDIS participants simply won’t perform. As Anthony Spagnolo advises, "If you build a home just to save costs, it’s the wrong mentality. You risk not attracting any tenants, and in this space, getting it wrong affects real lives." A well-designed NDIS home in a desirable location is key to success. Spending a bit more initially on the right location and quality build not only secures tenants but pays off in the long run. In fact, homes that follow this approach will outperform legacy and retrofit homes, which typically suffer from lower returns and tenant turnover. If you come across a pre-existing NDIS home for sale, approach with caution. As Anthony points out, “Why would someone sell an asset that achieves great passive income? More often than not, it’s because the home doesn’t have any participants.” To minimise risk, build your property from the ground up with trusted partners and the right design. #agenzia #propertyinvestment #investment #australianproperty #australianrealestate #Sydney #melbourne #brisbane #adelaide #perth

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🌟 🚀 How to Promote your Business on Social Media 🚀🌟 Our easy to read slide show deck has practical tips proven successful by an NDIS ™️ entrepreneur today! How to promote your business on social media breaks it down step by step making it easy to follow. Looking to promote your NDIS business on social media but don't know where to start? Look no further! Developed by the founder of Whole Warrior Network @wholewarriornetwork, this 17 page slide show deck is packed with practical tips and tricks that have been proven successful by an NDIS ™️ entrepreneur today! With a total social media following and membership of five figures, the Whole Warrior Network knows a thing or two about effective digital marketing. And now, that knowledge can be in your hands! This slide show deck is perfect for busy startup NDIS providers who need to know how to start advertising their NDIS business today to get some cash flow coming in. You'll learn how to market your NDIS business towards attracting your first 10 customers, setting you on the path to becoming a successful NDIS provider with online lead generation and effective customer engagement tips. 🚀🌟 Download it now from only $50 for a limited time https://lnkd.in/ghNnAbZp #socialmedia #digitalmedia #howto #startup #marketing #wholewarriornetwork #ndisprovider #privatepractice

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Managing finances as an NDIS provider comes with its own set of challenges and opportunities. Effective accounting practices are crucial to ensure compliance, maintain financial health, and deliver quality services to your clients. Here are some key accounting tips to help you navigate the complexities of NDIS funding and operations: 1️⃣ Understand NDIS Guidelines: Familiarize yourself with the NDIS Price Guide and Support Catalogue. Ensure that your accounting practices comply with NDIS rules and regulations to avoid discrepancies and potential penalties. 2️⃣ Separate NDIS Funds: Keep NDIS funds separate from other business funds. This helps in maintaining clear financial records and simplifies the process of tracking NDIS-specific expenses and revenues. 3️⃣ Accurate Record-Keeping: Maintain detailed and accurate records of all financial transactions. This includes invoices, receipts, and support documentation for all NDIS-related expenses and income. 4️⃣ Automate Where Possible: Utilize accounting software that is tailored to the needs of NDIS providers. Automation can help reduce errors, save time, and ensure that you stay compliant with NDIS reporting requirements. 5️⃣ Regular Reconciliation: Conduct regular reconciliation of your accounts to ensure that all transactions are accurately recorded and that there are no discrepancies between your financial records and bank statements. 6️⃣ Monitor Cash Flow: Keep a close eye on your cash flow to ensure you have sufficient funds to cover operational costs and support services. 7️⃣ Claim Management: Ensure that your claims to the NDIS are accurate and timely. Keep track of all submitted claims and follow up on any delayed payments to maintain a healthy cash flow. 8️⃣ Budgeting and Forecasting: Develop and maintain a detailed budget that reflects your anticipated income and expenses. Regularly update your forecasts based on actual performance to stay on track and make informed financial decisions. 9️⃣ Compliance and Audit Preparation: Stay prepared for audits by keeping your financial records organized and up-to-date. Regularly review your compliance with NDIS requirements and address any issues promptly. 🔟 Seek Professional Advice: Consider engaging with a certified public accountant (CPA) who specializes in NDIS accounting. Their expertise can help you navigate complex financial regulations and optimize your accounting practices. By implementing these accounting tips, NDIS providers can ensure financial stability, compliance, and efficient management of their funds. #NDISAccounting #FinancialManagement #Compliance #NDISProviders #BusinessSuccess #LinkedInTips

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💡 Did you know that many NDIS providers miss out on significant tax deductions each year? Are you confident that you're getting the most from your NDIS tax returns? Let's dive into how you can maximise your returns with expert guidance. As an expert in NDIS accounting, I know the specific taxes you have to deal with, like income tax, GST, and payroll tax. It can be hard to follow all the rules, but working with an NDIS tax accountant can help ensure your organisation meets all the requirements. An NDIS tax expert can find ways to save you money on taxes. They can help you deduct more, use smart tax plans, and report taxes correctly and on time. This can save you a lot of money in the long run. NDIS tax accountants can also help reduce your risk and potential tax liabilities. By staying up-to-date with the latest tax laws and regulations, they can guide you in avoiding costly mistakes and possible penalties. They can also assist in managing any disputes with the Australian Taxation Office (ATO). Don't leave money on the table; take advantage of the expert guidance available and make the most of your NDIS funding. 💰 The Weft Accounting firm in Sydney can help you navigate the complexities of NDIS taxation and ensure you're maximising your returns. Have you been making the most of your NDIS tax deductions? Let me know your thoughts in the comments below. 👇 The Weft - Accounting & Bookkeeping Services Sydney Baulkham Hills Address-25-33 Old Northern Rd, Baulkham Hills NSW 2153 Google Map- https://lnkd.in/evAhru3B Minto Address- 2 Erica Ln, Minto NSW 2566, Australia Google Map- https://lnkd.in/gcZHr_k2 Web- theweft.com.au E-mail-info@theweft.com.au Phone - 0405-552-426 #NDISTax #TaxDeductions #AccountingServices #AustralianTaxes

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