Louise Broekman

Small business finance made simple with Fast Break Finance! Whether you're a startup or an established business, we're here to provide the support and guidance you need to thrive. 💼✨ Call us today at 0488133144 to learn more.

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Start your year right! Set clear, achievable goals for success. Whether it's business growth, financial health, or operational efficiency, defined goals keep you focused and motivated. Remember, goals should be specific, measurable, and time-bound for effective progress tracking.  https://lnkd.in/gqYV66Wt #ASAPSolutions #brisbanebusiness #australianbusiness #business #ndis #tax #accounting #ndisprovider #taxprofessional #accountingservices

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Do you know about the R&D Tax Incentive but want to boost your understanding of the program? Well, you’re in luck. This month AusIndustry is running a free webinar, ‘Guide to eligibility certainty and record-keeping for the R&D Tax Incentive’. The online event will take place on Tuesday, 15 October. 💡 R&DTI experts will step you through four crucial topics: 1️⃣ Advance Findings. 2️⃣ How to maximise your chance of a positive and rapid assessment. 3️⃣ Record keeping approaches. 4️⃣ Where to get help and support. 👉 Secure your attendance here, https://bit.ly/3Y0ykzk?

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Strategic Planning Support with Noosa Council Every not-for-profit needs a strategic plan to stay focused on its mission, make the most of resources and ensure long-term impact. A strategic plan helps align efforts, set measurable goals and adapt to changing environments. A clear roadmap allows organisations to stay accountable and make a bigger difference in their community. Noosa Council is supporting local clubs and community organisations with their strategic planning. Council has engaged CPR Group to provide the necessary face-to-face guidance and forward planning. Through this engagement, Noosa Council seeks to assist local not-for-profit organisations to take a more strategic approach to their service delivery, identifying projects that best align with their purpose and focusing on core business for the benefit of current and future members. E: [email protected] W: cprgroup.com.au P: 1800 100 204 #strategicplan #strategicplanning #strategicplanwriter #strategicplanconsultant #clubplan #clubstrategicplan #howtowriteastrategicplan #howtowriteasportsclubstrategicplan #queensland #noosacouncil

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Is your association in a position to Secure Government Grants in 2025? The Australian Government allocates over $800 million annually in business grants, with state governments adding millions more each year. Is your association prepared to access some of this funding? Join our webinar this Thursday, October 31st at 12 noon AEDT, where expert Angela Krepcik, Association Executive Services Consultant, will guide you through the grant application journey. With extensive experience as an association CEO, grant writer, and former Victorian Government grant assessor, Angela provides invaluable insights on: 😎 Understanding the grant application process and assessment criteria 😎 Evaluating your association’s readiness for grant success 😎 Best practices for submitting a winning proposal 😎 Navigating approval, compliance, and contractual obligations 😎 Demonstrating the impact of grants on your association’s growth Don’t miss this chance to enhance your association’s funding potential. To gain insider tips and strategies that could make a real difference for your association register in the link in the comments below #grantwriting #association #associations

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Is poor record-keeping costing your Australian small business? 💸 Don't let financial penalties and higher taxes drag you down. 🚫 Visit Tax Store Gosford for expert advice on record-keeping best practices. 💡 Our team can help you streamline your processes, avoid costly mistakes, and protect your business's bottom line. 📲 0468 584 412 📩[email protected]  #AustralianSmallBusiness #TaxAdvice #RecordKeeping #gosford #smallbusiness

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A good read this weekend on the unique governance challenges facing school boards/councils. Great insights from Karen Spiller OAM CF and thanks to Australian Institute of Company Directors for creating content and continuing education for directors serving on school governance groups. https://lnkd.in/g8gYr7kw #weekendreading #governancematters #education #alwayslearning

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Innovation from the Board Room One significant challenge Australian companies face is the difficulty in investing in innovation. In his book Invention to Innovation, Larry Marshall outlines the challenges traditional boards can cause. There is a fundamental disconnect between company boards and entrepreneurs. Boards often exhibit a risk-averse nature, valuing established systems and processes, whereas entrepreneurs are geared toward improvement and innovative approaches. This disparity can create conflicts, particularly when clear governance principles are not set from the early stages. Typically, boards demand comprehensive business plans with defined KPIs, metrics, and milestones to approve investments. However, startups and innovative ventures rely more on validating their concepts through lean and agile methodologies. This approach is often misunderstood by larger, more traditional companies. The conservative stance of boards can be a barrier to investing in emerging markets or technologies like hydrogen fuel, which lack extensive market data and traditional investment metrics such as net present value (NPV). To truly harness innovation, boards must shift their mindset and play a more active role in understanding the nuances of innovative ventures. This includes being open to new methodologies, acknowledging the uncertainties inherent in pioneering markets, and fostering a culture that supports continuous improvement and agility. By aligning more closely with entrepreneurial efforts, boards can drive meaningful innovation and ensure sustainable growth within their organisations. What role does your board play in promoting innovative endeavours? #healthcareinnovated #innovation

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Feeling the pinch of rising costs in your small business? 🧾💸📅 Join this FREE online webinar on June 4 to learn how you can benefit from maintaining profit margins and improving efficiency in sales, wages and expenses. We have partnered with the Australian Taxation Office to provide this free masterclass that will help you: ✔️ Build your cashflow management skills ✔️ Understand and analyse your cashflow position ✔️ Identify and test potential cash flow improvement strategies ✔️ Confidently track and monitor your business cash flow Don’t miss the chance to gain valuable insights to improve your cash flow. Secure your spot now 👉 https://lnkd.in/gVhZEVak Jacqueline Petersen

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#NDIS #Fraud #ATO Thank you to the Disability Intermediaries Australia for the comprehensive response to #NDISFraud. Response is here: https://lnkd.in/gtzZTaAr #DIA is a peak body for quality plan managers and support coordinators with more than 1200 members that service more than half of all #NDIS Participants and employ over 38,000 workers. So the story goes, #DIA has raised concerns to both the National Disability Insurance Agency and NDIS Quality and Safeguards Commission quite a number of years ago. Now the story continues, on 2GB Mornings on 5 Jun 2024 #MinisterShorten is quoted as saying "...but what the Fraud Fusion Taskforce did is they set the anonymised data of the 900 smallest plan managers, and it found out that 300 plus had declared no income to the #ATO..." Why haven't we heard more on this from the #ATO? Has the #ATO taken action now? Has the #NDISFFT actually referred the matter to the #ATO? Why haven't we heard from the Anthony Albanese government, or #MinisterShorten saying the alleged tax failings will be investigated and where substantiated will be prosecuted to the fullest extent of the law? Particularly when the taxpayer paid the invoice! By not declaring income, it is a tax failing isn't it, or possibly legitimate? If the #NDIS service was legitimate, then tax should be paid, or at least a record of deductions etc? Even if it wasn't, there is still a legitimate tax liability as nothing was declared to #ATO? So many questions, who really knows given the blaming nature of the government's narrative. The government should remember that the presumption of innocence is a fundamental principle of the common law. So digging a little deeper on this story. The web link below says ...we prosecute serious taxation evasion schemes referred by Serious Financial Crime Taskforce (#SFCT) as well as matters referred by the #AFP and the #ACIC... So have the organisations referred to by #MinisterShorten been referred to the #SFCT? Given what #MinisterShorten has said and Mr Dardo's evidence as a #DCEO National Disability Insurance Agency at Senate Estimates, this might be classed as a potential taxation evasion scheme in the billions of $$? The #CDPP web site says the #SFCT understands that prosecuting fraud against the Australian taxation system is important to maintaining public confidence in the taxation system.  Well yeah, but we haven't heard anything about how the claims by Mr Dardo and #MinisterShorten are being progressed via #ATO or #SFCT or other means. Anyone know any more? Just for the record, I have asked for comment from the media teams at Department of Social Services (DSS) and #NDIA. Will an Anthony Albanese government spokesperson go on the record as to how the alleged tax failings are being investigated? #TruthtoPower Marie J. Mark Toomey Renee F. Australian Broadcasting Corporation (ABC) The Mandarin Disability Intermediaries Australia Rick Morton https://lnkd.in/g9SngKUW

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Step-by-Step Guide: Applying Small Business CGT Concessions 🧮📊 Offshore accountants let's walk through a practical example of how to apply Small Business CGT Concessions. This step-by-step guide will help you maximize benefits for your clients. Scenario: Client: John, 60 years old Business: Melbourne bakery, owned for 20 years Action: Selling the bakery (business + property) Capital Gain: $800,000 Step 1: Check Basic Eligibility ✅ Aggregated turnover < $2 million OR net assets < $6 million ✅ Asset actively used in business Step 2: Identify Applicable Concessions 15-Year Exemption 50% Active Asset Reduction Retirement Exemption Small Business Rollover Step 3: Apply Concessions in Order 3.1 Check 15-Year Exemption: Owned asset for 15+ years? Yes Client 55+ years or permanently incapacitated? Yes Client retiring/permanently incapacitated? Yes ➡️ 15-Year Exemption applies! Entire $800,000 gain disregarded. 3.2 If 15-Year Exemption Didn't Apply: a) Apply 50% general CGT discount: $800,000 → $400,000 b) Apply 50% active asset reduction: $400,000 → $200,000 c) Apply retirement exemption (up to $500K lifetime limit): $200,000 → $0 Step 4: Advise on Superannuation Contributions Can contribute up to $1.78M to super (CGT cap amount) Must be done within specific timeframes Lifetime CGT cap election form required Step 5: Document and Report Ensure choices are declared in tax return Keep detailed records of calculations and exemptions applied 💡 Pro Tip: Always check for updates to thresholds and rules. The ATO website is your best resource for the latest information. What's your process for applying these concessions? Any challenges you've faced? Share your experiences below! 👇 #TaxPlanning #CGTConcessions #AccountingTips #AustralianTax

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Executive directors’ total remuneration decreased marginally. More insights in our 2024 Directors Remuneration and Trends Report. Download now: https://ow.ly/IzRb50Tv1bj #DirectorsReport #ExecutiveRemuneration #PwCReward

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To Pay or Not To Pay? Board Remuneration Board remuneration is a complex topic for many not-for-profit organisations. In this article, Michael Goldsworthy shares a framework that boards should consider when discussing whether or not to pay their directors. The article touches on factors such as legal responsibilities, governance structures, risks, and the evolving expectations placed on directors of community businesses. Key points covered include: ✅ Legal frameworks governing not-for-profits and board responsibilities ✅ Importance of comprehensive governance systems, including a board remuneration policy ✅ The balance of risk, responsibility, and reward for board members ✅ Real-world examples of organisations that have opted to pay or not pay their board members 🔗 Read the full article: https://lnkd.in/gTtmeSGw

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