POPULARITY
Send us a textAn accountant's job is more than ticking boxes—it's about taking a 360° view of your finances. In this episode, Stuart and Mena outline what a true financial health check should include when your accountant prepares your year-end tax work.They cover business health ratios, structural reviews, profit distribution planning, personal asset and liability audits, and key insurance and investment considerations. Whether you're a business owner or a PAYG client, this episode reveals the deeper layers of accounting that support long-term success.
In this episode of Money Chats, Sam sits down with finance expert Brendon Lowbridge to unpack the myths around serviceability for business owners. They dive into how lenders assess income from salary, profit, and one-off expenses — and how recent lender policy changes now allow some self-employed people to be treated like PAYG employees. The duo also explore how business structure choices like trusts or companies can impact asset protection, tax planning, and portfolio scalability. Brandon wraps it up by emphasising that high income is the key to unlocking your equity and growing a strong investment portfolio.
Send us a textAs 30 June approaches, Stuart and Mena shift focus to PAYG employees and individual taxpayers, sharing key tax planning strategies that can help you save money and avoid surprises at tax time.From super contributions (including carry-forward and spousal strategies) to income protection insurance, salary packaging, home office expenses, and even timing of income, this episode offers practical tips to help you make the most of what's available to you.They also highlight deductions you might be overlooking and how negative gearing and prepaying interest can play into your tax strategy. If you're a PAYG earner looking to minimise tax and boost your financial position, this is the episode for you.If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey! Click here to subscribe to our weekly email. SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here. Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website. Follow us: Stuart: Twitter/X and LinkedIn. Mena: LinkedInIMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.
Kicking off 2025 with a bang, and a BIG SharePoint event. January 2025 brought a lot of new offerings: Viva Connections on the SharePoint app bar, Pay-as-you-go billing model for SharePoint agents, Re-imagined Hero web part, Viva Engage: Leadership feed, Editorial card web part, Accessibility assistant tool for SharePoint pages, SharePoint pages: Flexible sections, Microsoft Teams: New DVR capabilities, and more. Plus, we grabbed a few important audio snippets from the BIG SharePoint Event with Jeff Teper and the SharePoint team - focused on AI and your intranet. Read this episode's corresponding blog post. 02:00 Snippets from the BIG SharePoint event 05:31 Employee engagement 13:06 Teamwork 16:29 Related items 19:01 Roadmap teasers SharePoint | Facebook | @SharePoint | SharePoint Community Blog | Feedback Mark Kashman |@mkashman [co-host] Chris McNulty |@cmcnulty2000 [co-host] Microsoft Learn - The home for Microsoft documentation for end users, developers, and IT professionals. Microsoft Tech Community Home Stay on top of Microsoft 365 changes Listen to and follow Sync Up, our podcast from the OneDrive team. Upcoming events: NOW ON DEMAND | "SharePoint: From Concept to Creation to Impact + Live AMA" with Jeff Teper and team + plus our new 5-part SharePoint learning series, new customer studies (Amey, Takeda, and Avanade), insights about the upcoming SharePoint Hackathon (March 2025), and more. M365 Miami 2025 | Feb.6-7, 2025 (Miami, FL) SharePoint Hackathon | March 3-26, 2025 (Global | Online) MVP Summit 2025 | March 24-27, 2025 (Redmond, WA & online) Microsoft 365 Community Conference | May 5-8, 2025 (Vegas) SharePoint Intranet Festival (SWOOP Analytics) | May 21, 2025 (Online) European Collaboration Summit | May 26-28, 2025 (Düsseldorf, Germany) + always review and share the CommunityDays.org website Discover and follow other Microsoft podcasts at aka.ms/microsoft/podcasts. Follow The Intrazone at aka.ms/TheIntrazone.
How to Get More Borrowing Capacity in Australia: Beyond Big 4 Banks If you could buy one more investment property would you buy it?
Microsoft 365 Copilot Chat has launched again. Now with Pay As You Go options clarified. This weeks' message points us to admin controls for setting up PAYG, controlling access to Agents, setting up billing and limits, and more. Learn about the 4 types of prompts, messages sent to Copilot Chat, and how much they will cost. Also on this week's show: - Microsoft 365 Copilot | Select Microsoft Graph Connectors when writing prompts in BizChat - Large Events | End Session for Attendees and Return Presenters to Green Room - Microsoft Viva Engage | New recommended comments feature - Microsoft 365 Copilot Chat rolling out, IT admin resources available - Viva Engage: Verified Answers - Microsoft Outlook name change: "Outlook (new)" on Windows will change to "Outlook" Join Daniel Glenn and Darrell as a Service Webster as they cover the latest messages in the Microsoft 365 Message Center. Check out Darrell & Daniel's own YouTube channels at: Darrell - https://youtube.com/modernworkmentor Daniel - https://youtube.com/DanielGlenn
The Michael Yardney Podcast | Property Investment, Success & Money
No one wants to pay more tax than they need to, and no one wants to get in trouble with the tax man, so today Ken Raiss and I interview Rob Thompson, Assistant Commissioner of Taxation, who has a front-row seat to the intricacies of our tax system, and he's here to help unpack some of the complexities that property investors like you often face. Today we'll be discussing The ATO's data matching program for property investors The tax gap of $1.2 billion and why it's relevant to rental property investors PAYG instalments The difference between deductible repair expenses, initial repairs and improvements and The ATO's new borrowing expenses calculator (this can be something we plug in the podcast and include links and more information in the show notes). How to Pay As You Go instalments help manage tax bills throughout the year. Understanding your tax obligations to avoid mistakes. Treating your property investments like a business, not a hobby. Chapters 04:09 The Importance of Data Matching and Compliance 07:05 Navigating Property Management Data 09:45 Distinguishing Between Repairs and Capital Improvements 12:19 Initial Repairs vs. Ongoing Maintenance 15:15 Understanding Depreciating Assets and Their Claims 18:17 Managing Interest Expenses and Tax Gaps 21:26 Claiming Borrowing Expenses Effectively 24:14 PAYG Installments for Property Investors 26:04 Final Thoughts on Tax Obligations and Compliance 32:21 The Value of Struggle in Success Links and Resources: Michael Yardney Ken Raiss – Director Metropole Wealth Advisory Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Tax time toolkit for investors: ato.gov.au/Investorstoolkit Rental properties guide: ato.gov.au/rentalsguide Rental video series: ato.gov.au/Rentalvideos Tax statistics: ato.gov.au/taxstats Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: The Tax Man Knows More About Your Property Investments Than You Think – Assistant Taxation Commissioner Rob Thompson
Linda Grave, founder of EV Driver, discusses her journey from renewable energy to pioneering the EV charging sector. She shares how she built and sold a successful charging network, her passion for user-friendly EV solutions, and the importance of interoperability. Linda offers insights on industry challenges, innovations like battery storage and solar PV integration, and promotes her upcoming EVEX 2025 event, aimed at showcasing the future of electric vehicles and renewable energy technologies. Linda Grave is an entrepreneur who has built successful companies within the renewable energy and EV sectors over an 18-year period, with a wealth of experience in building successful EV Charging networks. Linda is focused on business growth and development within the EV sector. In 2016 she started to build the EV Driver network of public charge points in the East of England, with an emphasis on providing an easy access PAYG network for all to use. She sold the network in January 2020 to allow her to focus on helping others create the best user-friendly EV charging solutions. Linda is a pioneer in EV roaming and interoperability in the UK, passionate about ensuring the barriers to access are lowered and that customer satisfaction is paramount. EV Driver Linda on LinkedIn EVEX 2025 Recognised as one of the Top Women in EV 2022 Awarded one of the prestigious EV Champion awards 2022 by Green Fleet I hope you enjoy the show and if you have any comments or suggestions, please write to me at: toby@wickedproblems.fm. Wicked Problems is powered by Adaptavis® Adaptavis is a Business Performance Management and Transformation consultancy aimed at forward-thinking leaders, based in London UK. The company specialises in helping organisations to enhance operational efficiency, drive business growth, and navigate complex transformations. From strategy to execution, they focus on providing insights and practical solutions to improve the overall performance of businesses, ensuring they can adapt to changing market conditions and achieve sustainable success. Toby Corballis is a Partner at Adaptavis. You can find out more about their work by visiting: www.adaptavis.com Enjoy, Toby Corballis
Most brokers are what I call “variety store brokers”.A bit like a $2 shop or department store.You can walk inside and get pretty much anything.Everything is ok, but nothing is special.Access to resi, commercial, asset finance, SMSF, insurance and more.Helping first home buyers, investors, PAYG, self-employed, and more.Now to most brokers this sounds great, to be able to help everyone.But there's a problem (actually multiple problems and challenges with this).In this episode of Mortgage Broker Acceleration, I outline these problems, how they affect every area of a mortgage business, and what brokers should do instead.For those who are more advanced and/or want to become the one-stop-shop and do it properly, I share the 4 main points you need to be successful.Want to accelerate faster?Visit Broker Ideas Group to access special resources and events designed exclusively for mortgage brokers.Go straight to the source and Let's Talk about working together to grow your mortgage business easier and faster.
Send us a textThis is an absolutely fascinating episode proudly sponsored by 1p mobile, the UK's cheapest PAYG mobile tariff. It's been 11 years since I last sat down with this Josh Brookes on his own and it's a show I've very much looked forward to doing since we refreshed and relaunched our show back in Feb '23. In those 11 years he's won two British Superbike titles, podiumed at Suzuka, ridden to second place in the Senior TT and extended his personal best lap around the island to over 134 mph. The last two seasons of BSB with FHO Racing haven't quite gone to plan but the hunger and desire to win are still very evident.Enjoy!https://www.1pmobile.com/ Our Patreon Page is live! https://www.patreon.com/join/9993138Off Track Merchandise: https://www.hmycustoms.co.uk/off-track-podcastRidinGraphics: https://www.instagram.com/ridingraphics/?hl=enhttps://www.facebook.com/ridingraphics/?locale=en_GBFacebook: Off Track Podcast https://www.facebook.com/OffTrackTheMotorcycleRacingPodcast/ Instagram: @offtrackpodcastukhttps://www.instagram.com/offtrackpodcastuk/Twitter: @offtrack_https://twitter.com/OffTrack_ IG: @thedaveneal | Twitter: @daveneal | Facebook: Dave Neal
In this episode of the Inner Sanctum, we talked about the T word! That's right, lovers. It was Tax and Relationships with your accountant and chat with Paris from Group One Accounting. You will often hear the team singing the praises of Paris. Not only is she an exceptional human, she's also an incredible Accountant! This chat covered Paris's journey into accounting. Some background into Samara and Paris' journey together. Then, we went deep into tax and all its variations. If you don't know your GST from your BAS or PAYG, this is the episode for you. We talk about sole traders transitioning to company status and the importance of financial discipline. And, of course, why is having a great relationship with your accountant so important? 00:00 Episode Summary02:56 Introducing Our Special Guest: Paris from Group 1 Accounting03:22 The Journey with Paris: Transforming Business Finances04:13 Navigating Financial Challenges and Trusting the Process05:48 The Importance of a Good Relationship with Your Accountant08:53 Personal Stories and Emotional Support15:29 Protecting Your Business and Personal Finances20:14 Simplifying Tax Concepts for Business Owners29:56 Understanding Superannuation30:34 Breaking Down BAS Payments32:49 Navigating PAYG Instalments34:49 The Importance of Accurate Financial Planning40:13 Director's Loans Explained43:34 Transitioning from Sole Trader to Company48:45 Effective Budgeting and Cash Flow Management58:11 Final Thoughts and Advicehttps://www.salonrising.com/Find out more and watch out for updates on socials @ -https://www.instagram.com/salonrising_/We also have a very special offer for all Salon Rising listeners! If you'd love to join the Kevin Murphy family for the first time, or if you are a Kevin Murphy OG, click the link below and jump on these amazing offers.https://ozdare.com/salonrisingAnd a huge thank you to our podcast sponsors:https://ozdare.com/https://kevinmurphy.com.au/au/en/km/
Today's Q&A episode is jam packed with some awesome questions from our community! John & Em chat about:
On The Weekly Review, Lucy Neuburger, John Gibbs and Shaniqua Edwards-Hayde discuss hot topics in the week's news with host, Paul Hazzard. This week's stories: Pay-as-you-go schooling: parents under pressure to fund essentials https://www.theguardian.com/money/article/2024/sep/02/pay-as-you-go-schooling-parents-under-pressure-to-fund-essentials 'It stains your brain': How social media algorithms show violence to boys https://www.bbc.co.uk/news/articles/c4gdqzxypdzo Guidance to limit phone use in NI schools brings UK into alignment https://www.bbc.co.uk/news/articles/c785qx6nvg3o Shows Reviewed: Rethinking Assessment: The Late Show with James Radburn Teacher wellbeing tips: The Late Show with Hannah Wilson and Lucy Neuburger Start the Year Well: The Late Show with Claire Bills Inclusion in Leadership: The Late Late Show with Chris Wilkinson
Jason's Live today highlights how different states have varying calculations for stamp duty, and how strategic property purchases—such as buying land or building in certain states—can reduce tax burdens. The host also explores methods to minimise capital gains tax, like owning property through a superannuation fund or trust, and the benefits of optimising PAYG variations and utilising offset accounts to decrease interest payments. Let's Wealth Coffee Chat!
There's no one-size-fits-all lodgement date for tax returns for individuals and businesses. The Bongiorno Group's Director Nick Fennessy Director and Tax Manager Chantelle Turner explain the different rules and tax deadlines, as well as quarterly PAYG instalments which are based on the previous year's tax payable. Failure to prepay can result in a catch-up payment requirement. A tax professional clarifies key dates, allows for extended lodgement and payment deadlines, and ensures the tax return is completed accurately. The Money Doctors is proudly brought to you by leading financial services organisation the Bongiorno Group, the preferred tax and accounting partner for the Australian Medical Association Victoria and the Australian Dental Association Victorian Branch. For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/ This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product Disclosure Statement before deciding to acquire the product.See omnystudio.com/listener for privacy information.
Perth 51 Areas Under $550k Expert Panel Share Their Top Picks Perth's on fire atm, it's so easy to get lost as to where to buy! Having a look through the eyes of our expert panel will give you a solid understanding to where's worth looking into and where's better to cut from the suburb search list. Our list of 51 areas under $550k is an absolute must to check out for anyone thinking about investing in Perth. What's better than a list of 51 areas under $550K? How about a team of 5 expert investors sharing their top picks you should check out and bottom picks you should stay away from. As well as sharing their expert view on how much longer they think the Perth BOOM has left... Kicking it all off will be Simon Loo. Buyer's agent, investor, and founder of House Finder, he has amassed a whopping portfolio worth well over $20,000,000. Then we'll hear from Dawn Fouhy, head of Future Proof Property Advisory. She's an investor who has built herself a portfolio worth millions from the starting point of working PAYG. Next, we'll be hearing from Jarrad Mahon, managing director of Investors Edge, with decades of Perth property market experience, he's an expert on the Perth property market and has also built himself a substantial portfolio. Not only that but he will be looking at Perth from a property managment perspective as well! Then we hear from Bill Childs from Limitless Lending Group. a mortgage broker specailsing in portfolio growth who has an amazing story making his first million in property in his early 20's to now being in his mid 20's with millions in equity. Holding assets in Perth, Bill keeps a close eye on this market for himself and clients. And finally, we have Junge Ma, lead reasearch analyst at award winning buyers agency InvestorKit. Junge understands the numbers in a way most can only dream of! Junge shares her expert interpretation of what her reaserch is telling us where the Perth market could be heading. With our heavy-hitting panel of property experts, you'll want to check out the list and get ready to hit that rewind 30 sec button to soak in all the Perth property insights coming your way.
What happens when a recruitment powerhouse collapses under a $20 million tax shortfall? Unravel the astonishing saga of Collar Group's dramatic downfall and the ripple effects it caused across the recruitment industry. We share firsthand accounts of those impacted, including a family whose relocation ended in sudden redundancy. We also tackle the puzzling issue of large unpaid tax bills and various experiences dealing with the ATO. Plus, we shed light on the robust support systems XRecruiter offers to those keen on launching their recruitment agencies. Curious about what it takes to start a successful recruiting business from scratch? We recount the humble beginnings of Vendito, from a logo made in Microsoft Paint to a pivotal moment that underscored the importance of professional credibility. Learn why a strong brand and appropriate fee structures are critical to avoiding financial pitfalls. We emphasize how culture, continuous learning, and support are vital for staying motivated and achieving success, especially in the first 90 days of your venture.Discover the cutting-edge technologies that can transform your recruitment agency. We share our experiences developing over 40 lead-generating websites with seamless CRM integration and AI-powered databases. Explore the significant financial benefits of transitioning from a PAYG recruiter to running your own agency under the XRecruiter model. From strategic planning to community engagement and financial management, we provide invaluable insights for scaling your agency or maintaining a high-performance solo operation. Join us for an episode packed with actionable advice and inspiration for the enterprising recruiter.· Our Website is: xrecruiter.io
You Have My Interest - Getting Personal With Property Finance
We're bringing something a little different to you this week! Today, Evelyn is deep diving on how to become a mortgage broker. There are so many ways to structure yourself as a broker, and different pathways of entry. Evelyn breaks down some key information such as: - the qualifications and/or experience you need - how to choose a mentor - ongoing education and development - models as an employed broker - PAYG, Commission, Retainer, or a combination - aggregators - what they do, how to chose one, how you get paid - her top 5 tips for new to industry brokers - how to generate leads And much more! We hope this episode is valuable for any buddying brokers out there, and we look forward to hearing your feedback! Find out your next step in property finance: You Have My Interest is brought to you by Everlend, a mortgage and finance broking firm built for the purpose of educating and empowering you to make informed financial decisions tailored to your wealth goals. Find out more and book in your free initial consultation at https://www.everlend.com.au/ Get in touch: Find out more about You Have My Interest at everlend.com.au/podcast and connect with us at podcast@everlend.com.au You Have My Interest provides information and educational content relating to mortgages, finance and property. You Have My Interest's content is general in nature and does not take into account the individual financial, legal or tax needs or objectives of its audience members. It is not intended as a substitute for professional advice. Listeners should seek out a licensed professional to discuss their individual financial, legal and tax requirements. If you need mortgage or finance advice tailored to your own personal situation, contact Everlend today for a free consultation. Everlend are authorised credit representatives of Loan Market Pty Ltd, Australian Credit Licence number 390222. Podcast produced with Apiro
Tracsis CEO, Chris Barnes and CFO, Andrew Kelly present interim results for the six months ended 31 January 2024. Chris Barnes, CEO 00:17 Introduction 00:37 Introduction to Tracsis 02:05 H1 highlights 05:00 Drivers in the UK & US Andrew Kelly, CFO 08:14 Financial performance 10:25 Divisional performance 12:17 Cash 13:18 Business transformation Chris Barnes, CEO 15:30 RailHub case study 18:40 Dispatch product case study Andrew Kelly, CFO 21:17 PAYG ticketing case study 22:04 Hopsta case study Chris Barnes, CEO 23:20 Looking forward 27:07 Q&A. Tracsis plc is a provider of transport technology. The Company provides software, hardware, data analytics/ geographic information systems (GIS) and services for the rail, traffic data and wider transport industries. The Company operates through two segments: Rail Technology & Services and Data, Analytics, Consultancy & Events. The Rail Technology & Services segment offers a range of products and services for the rail industry, such as software, hosting services and remote condition monitoring. Its customer base in the Rail Technology & Services segment includes train operating companies and infrastructure providers. The Data, Analytics, Consultancy & Events segment includes traffic data collection, event planning and traffic management, data, analytics, and consultancy offerings. It develops and supplies software that solves complex resource, asset optimization and control problems for train operators, as well as smart ticketing, delay repay and other retail software.
Ever since the Jesuits in the United Kingdom launched the daily prayer project “Pray As You Go” (PAYG) in 2006, the creative team behind the resource has shared fabulous audio prayer programs that are spiritually nourishing in their beauty and simplicity. Each day combines music, Scripture from the lectionary, and short spoken prayer prompts that always invite you to reflect on the Scripture in a new way. PAYG will slow you down and invite genuine contemplation, making it so different from almost any other smartphone app or podcast program out there. Hundreds of thousands of people around the world love PAYG, especially here in North America – maybe you're one of them. For years, host Mike Jordan Laskey – a huge fan of PAYG – has been curious about the team behind the app. How does an episode come together? What inspired the format and why does it work so well? How do they want to grow? So Mike invited Emma Holland onto the show, who serves as PAYG's director. She has worked for the Jesuits in the UK for almost a decade and has advanced from an audio producer to the leader of the project. Mike asked Emma to take us behind the scenes of PAYG and to share what she loves about her work. It was such a fun conversation and if you haven't prayed with PAYG before, we really hope you'll give it a try. You can find it in your smartphone's app store or download daily episodes using your podcast player of choice. Pray As You Go: https://pray-as-you-go.org/ AMDG is a production of the Jesuit Conference of Canada and the United States. www.jesuits.org/ www.beajesuit.org/ twitter.com/jesuitnews facebook.com/Jesuits instagram.com/wearethejesuits youtube.com/societyofjesus www.jesuitmedialab.org/
Welcome to Episode 160 of The Numbers Game. In this episode, we delve into the world of tax fraud, exploring cases ranging from a $180 Million Tax Fraud to the TikTok GST Fraud. We look at the mechanisms of these scams, the failures of the Australian Tax Office in catching them, and the surprisingly low repercussions for tax fraud in Australia.On this episode, we discuss:Unpacking the $180 Million Tax Fraud CaseDetailed Explanation of the Fraud MechanismDiscussion on the ATO's Efforts and FailuresHow the System Fails to Catch Tax FraudConversation about a Client's 18-Year Tax Evasion ExperienceDiscussion about the Lack of Repercussions for Tax Fraud in AustraliaConversation about the TikTok GST FraudExplaining the Mechanics of the TikTok GST FraudIntroduction to the Bank of Samoa FraudCheck out the free resources from Inovayt here.Send us an email: hello@thenumbersgamepodcast.com.auThe Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD.
Not all income is created equal! Whether it's PAYG, income from your personal business or returns from investments, lenders will look at you differently depending on the income source you bring to the table. Let's Wealth Coffee Chat!
You Have My Interest - Getting Personal With Property Finance
In this episode, Evelyn delves into the world of home loan lending, focusing on ways to enhance your borrowing potential with diverse forms of variable PAYG income such as overtime, allowances, bonuses and commissions. This episode also touches on the current interest rate market, offering insights into potential rate changes, and provides valuable perspectives on how different Australian lenders evaluate these income sources. Evelyn emphasises the importance of understanding your borrowing comfort zone and shares the benefits of starting with smaller investment properties before moving towards your dream home. For tips on refining your mortgage application and broadening your lending possibilities in the Australian market, make sure to listen in! Find out your next step in property finance: You Have My Interest is brought to you by Everlend, a mortgage and finance broking firm built for the purpose of educating and empowering you to make informed financial decisions tailored to your wealth goals. Find out more and book in your free initial consultation at https://www.everlend.com.au/ Get in touch: Find out more about You Have My Interest at everlend.com.au/podcast and connect with us at podcast@everlend.com.au You Have My Interest provides information and educational content relating to mortgages, finance and property. You Have My Interest's content is general in nature and does not take into account the individual financial, legal or tax needs or objectives of its audience members. It is not intended as a substitute for professional advice. Listeners should seek out a licensed professional to discuss their individual financial, legal and tax requirements. If you need mortgage or finance advice tailored to your own personal situation, contact Everlend today for a free consultation. Everlend are authorised credit representatives of Loan Market Pty Ltd, Australian Credit Licence number 390222. Podcast produced with Apiro
Learn to streamline BAS processes and overcome financial strain BAS, or Business Activity Statement, is a tax reporting requirement for businesses in Australia. It's a way for businesses to report their goods and services tax (GST) obligations, as well as other taxes like pay-as-you-go (PAYG) withholding and fringe benefits tax (FBT). BAS payments are important to managing your business finances and staying compliant with tax regulations. Understanding and effectively managing BAS payments is crucial for business owners to avoid penalties and maintain financial stability. Good thing we have Angus Morrison. He is a Chartered Accountant and Profit First Professional with extensive experience in tax and business advice. As a highly qualified financial expert with a strong background in financial analysis and planning, Angus is known for his expertise in helping businesses set up the Profit First cash flow system and navigate complex tax issues. Angus brings valuable insights into handling BAS payments and overcoming the issues faced by business owners, especially builders. Key Takeaways: Understanding and effectively managing BAS payments is crucial for business owners Separating the funds for BAS and other financial obligations can help create clarity and control Implementing the Profit First system can help separate funds for taxes and improve financial control Paying BAS payments promptly can save businesses from accumulating interest and additional liabilities Changing the mindset around tax payments is essential for long-term financial success Tax debts can hinder business growth and require significant effort to resolve Outsourcing BAS management to a professional can ensure timely payments and eliminate the burden Effective BAS management provides business owners with financial clarity and peace of mind All this and more is on this week's episode of THE TOOLSHED. Join the toolshed - thetoolshedpodcast.com The next episode will carry a surprise. So, remember to subscribe to the show to receive that episode as soon as it is released. Until then, stay healthy. Links: basrefreshed.com.au morrisonabs.com.au
Employee benefits plans sometimes come with optional add-ons, like employee assistance programs (EAPs). These can cost around $5 per person, per month (PEPM). Large group benefits purchasers usually find better success negotiating this on a pay-as-you-go (PAYG) basis.
Welcome to 2024! A few pieces of interesting news and updates from Microsoft especially around the PAYG offering with Syntex. I'm hanging out for the remaining items in the Intune suite to drop, especially third party patching so stay tuned for more information when that becomes available. Until then here' s the latest in the Microsoft Cloud. Resources @directorcia Join my shared channel CIAOPS merch store Become a CIAOPS Patron CIAOPS Blog CIAOPS Brief CIAOPSLabs Rerun queries in query history Microsoft Datacenter Tour: Virtual Experience SharePoint Roadmap Pitstop: December 2023 Enabling Microsoft Syntex PAYG Experience AI-enhanced meetings in every Teams Room Introducing a new Copilot key to kick off the year of AI-powered Windows PCs What's New in Microsoft Teams | December 2023 Get organized at work with Microsoft Loop Copilot app for iOS Copilot app for Android Financially motivated threat actors misusing App Installer Overview of multi factor authentication
This podcast episode features Australian Taxation Office (ATO) Deputy Commissioner - Superannuation and Employer Obligations - Emma Rosenzweig, along with KPMG Workplace Advisory Partner Hayley Lock and Director Stacey Biggar, as they discuss the ATO's compliance focus areas, technical updates and finding a career in tax. KPMG Tax Now is a digital hub of up-to-the-minute tax news, analysis and opinion – delivered how and when you want it.
In this episode, Stuart and Mena discuss how the PAYG instalment system works for all taxpayers including business owners. What is the PAYG instalment system. How does the ATO work out instalments?Are there any downsides to not paying instalments (catch up tax, imputation credits).How can you vary instalments? What to do if you have overpaid your tax. If this episode resonated with you, I'd love to hear your thoughts! Sharing your feedback on your favourite podcast platform helps me expand my reach and connect with more incredible listeners like you. Thank you deeply for being a part of this journey! To subscribe to our weekly email: https://www.prosolution.com.au/stay-connected/ SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here: https://prosolution.com.au/books. Work with Stuart & Mena's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. To accomplish this, our multidisciplinary team of experts collaborate extensively on behalf of our clients, ensuring thorough exploration of all potential opportunities. This collaborative method enhances the value we deliver to our clients. Visit: https://prosolution.com.au. Follow us on socials: Stuart: Twitter/X: https://twitter.com/StuartWemyss and LinkedIn: https://www.linkedin.com/in/stuartwemyss/ Mena: LinkedIn: ...
The BIG 5 W.O.W. Business owners can use all 5, PAYG can use 4 and that's still pretty awesome! Let's Wealth Coffee Chat!
If you're selling property, considering Goods and Services Tax (GST) implications is vital for both trusts and individuals. In this episode, our host, Moss is back with Sohail to discuss deductions, PAYG withholding, and cash flow enhancement. Maximizing deductions to lower effective tax is key. Common deductions for investment properties include repairs, interest, management fees, and more. Super contributions can significantly reduce Capital Gains Tax.Lesser-known deductions include borrowing expenses, home office costs, and tools of the trade. Travel and education deductions have restrictions.GST can impact cash flow; registering allows for claiming back GST on property expenses.Aligning tax rates with expected refunds eases cash strain. Good documentation and a skilled accountant are crucial for maximizing returns.Maximizing tax returns from investment properties requires vigilance. Ensure no deduction slips through the cracks, and collaborate closely with your tax advisor. A proactive approach to record-keeping is essential to unlocking these potential benefits.If you're intrigued by these insights, don't miss out on the full podcast episode! Tune in for a deep dive into optimizing your tax returns and maximizing deductions. Take your financial knowledge to the next level by listening now! Episode Highlights:00:00 Welcome to Helpmebuy Property Podcast02:06 What is a Tax Refund?04:39 What Are the Deductions for Investment Properties? 07:34 How Does the Tax Deduction Work? 13:21 Capital Gains Tax15:13 Borrowing Expenses16:51 Home Office Expenses 21:37 Can You Claim a Deduction for Travel?24:09 The Goods and Services Tax (GST) Side of Things26:34 Managing Cash Flow Resources:Visit the Investor Partner Group website: https://helpmebuy.com.au/Join us on our FREE Facebook Group: https://www.facebook.com/groups/helpmebuyau You can also connect with us on https://www.linkedin.com/company/77080688. For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@moxinreza. Keep smiling, be kind, and continue investing. Peace out! See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information. Hosted on Acast. See acast.com/privacy for more information.
Rasululloh sollallohu alayhi vasallamning muborak siyratlarini vasf qiluvchi Qozi Iyozning «Shifo» kitobini ustoz Husaynxon Yahyo Abdulmajid tomonlaridan qilingan sharhi
Rasululloh sollallohu alayhi vasallamning muborak siyratlarini vasf qiluvchi Qozi Iyozning «Shifo» kitobini ustoz Husaynxon Yahyo Abdulmajid tomonlaridan qilingan sharhi Mundarija: 00:00 — Kirish. Avvalgi dars takrori. Alloh taoloning Rasululloh alayhissalomga qasami haqida 01:49 — Najm surasining ilk oyatining qisqacha sharhi 26:30 — Jabarut va malakut haqida tushuncha 31:26 — Najm surasidagi bu oyatlar Alloh taoloning Nabiy alayhissalomning benuqson, pok ekanligini bildirishdir 35:16 — Takvir surasidagi oyatlar sharhi 45:12 — Allohning shariati, Rasululloh alayhissalomning sunnatini toʻlaligicha yetkazish kerak 50:22 — Qalam surasining boshidagi oyatlarning qisqacha sharhi 01:15:27 — Xotima
Rasululloh sollallohu alayhi vasallamning muborak siyratlarini vasf qiluvchi Qozi Iyozning «Shifo» kitobini ustoz Husaynxon Yahyo Abdulmajid tomonlaridan qilingan sharhi Mundarija: 00:00 — Kirish. Tavba surasidagi: «Batahqiq, sizlarga oʻzingizdan boʻlgan, sizning mashaqqat chekishingiz uning uchun ogʻir boʻlgan, sizning (saodatga yetishishingizga) tashna, moʻminlarga marhamatli, mehribon boʻlgan Paygʻambar keldi» oyatining qisqacha sharhi 12:24 — Alloh taolo Rasululloh alayhissalomning nasablarini odamzodning eng ulugʻlaridan qilgani haqida 16:14 — Bandalar Alloh taoloning ibodatini oʻzlari bajara olishmaydi. Shuning uchun ham Alloh Rasululloh alayhissalomni yubordi 23:20 — Rasululloh sollallohu alayhi vasallam rahmat ekanliklari haqida 27:33 — Rasulullohning hayotlari ham, oʻlimlari ham rahmatdir 32:52 — Rasulullohning rahmati Jabroil alayhissalomga ham yetadi 36:44 — Nur surasining 35-oyati tafsiri (Nurun ʼala nur oyati) 47:21 — Sharh surasining qisqacha sharhi 01:13:30 — Sharh surasidagi «Zikringizni koʻtarib qoʻydik» degan oyati haqida
It's that time of year, and as we at Straight Up Bookkeeping deep dive into completing business and instalment activity statements for the quarter, I'm reminded that the term activity statement can baffle a lot of people. So today, I'm bringing you a short and sharp explainer episode on what activity statements are, what they include, when they are due and how to lodge them. Used by the Australian Taxation Office to report various tax obligations, an activity statement details your business activity for the period in question and declares the amount of tax you owe (or any refunds that the ATO owes you). If you are a small business owner, it's important that you have a good understanding of what your specific obligations are and how to complete these statements correctly. This will help you to avoid penalties and ensure that you are meeting your tax obligations.I explain the two types of activity statements you should know about:Business activity statement (BAS)Instalment activity statement (IAS) There are two methods for submitting BAS and IAS statements and paying tax. I explain what they are and how the method you use will depend on factors specific to your business. I take you through the different components that determine what your obligations will be, such as:An individual's or company's GST registration statusSole trader PAYG withholding obligationsYearly turnoverThe ATO strongly encourages taxpayers to lodge their activity statement on time, even if payment is not immediately possible. Lodging on time not only provides clarity regarding your position with the ATO but also demonstrates your awareness and intent to meet your obligations. Failing to lodge on time may lead to penalties, adding an extra motivator to comply.I hope you find some valuable insights from this episode so that when you next have an activity statement in front of you, you'll have much more clarity and confidence to complete it. If you're in the middle of managing your activity statements right now, good luck! And to all the bookkeepers and tax agents out there - all the best over the next month and I'll see you on the other side. LINKS:ABN LookupWhere to Find Bec:Website:https://straightupbookkeeping.com.au/ Instagram: @straightup_bookkeepingFacebook: @straightupbookkeepingLinkedIn: @straight-up-bookkeeping
Saasha Celestial-One is the co-founder & COO of Olio, a sharing app for local communities, on a mission to fight waste. They make it easy to pass on the things we no longer need — from food to furniture, and clothes to books — to people who live nearby. They also work with businesses to redistribute unsold or unserved food. That way, every last bit of edible food ends up benefitting local people, rather than it ending up in the bin. Prior to founding Olio, Saasha spent 13 years in finance, strategy and business development roles at Morgan Stanley, McKinsey & American Express, and also founded My Creche, London's first PAYG provider offering flexible childcare for busy parents.Saasha joins James Pringle and Hector Mason in this episode to share about the food waste problem that sparked the idea for Olio, the challenge of building a business around it, dealing with doubters, & so much more.Don't forget to like, subscribe and follow The Riding Unicorns Podcast on our socials and your chosen podcast platform to stay up to date!
Welcome to the newest episode of The Cloud Pod podcast! Justin, Ryan, Jonathan, and Matthew are all here this week to discuss the latest news and announcements in the world of cloud and AI - including New Relic Grok, Athena Provisioned Capacity from AWS, and updates to the Azure Virtual Desktop. Titles we almost went with this week: None! This week's title was SO GOOD we didn't bother with any alternates. Sometimes it's just like that, you know? A big thanks to this week's sponsor: Foghorn Consulting, provides top-notch cloud and DevOps engineers to the world's most innovative companies. Initiatives stalled because you have trouble hiring? Foghorn can be burning down your DevOps and Cloud backlogs as soon as next week.
On the show this week, find out what's happening with recent changes to Exchange Online that might cause a delay if you're setting up a fresh Hybrid environment; plus security recommendations for your on-premises Exchange environment. If you're getting into Viva Sales, we discuss what the new OpenAI GPT add-in does. Creepy or useful - you decide! Plus Microsoft Syntex's PAYG model goes live and Teams gets user experience changes that your users will certainly notice.Want to stay up to date on all things Practical 365? Follow us on Twitter, Facebook, and Linkedin to stay up to date on all things Microsoft!
Guy and Eitan finally celebrate the generally available release of SQL Server 2022! And also discuss other announcements from PASS Data Community Summit, and also various interesting news and features of Azure SQL announced in November 2022. Relevant links: SQL Server 2022 is now generally available Consumption-based PAYG billing model for SQL Server 2022 on-prem PASS Data Community Summit Hug a DBA song by Killa DBA SQL Server 2022 song by Killa DBA The SQL Server Native Client has been removed from SQL Server 2022 (16.x) and SQL Server Management Studio 19 (SSMS). Switch to the new Microsoft OLE DB Driver (MSOLEDBSQL) for SQL Server or the latest Microsoft ODBC Driver for SQL Server going forward. Mid-November 2022 Public Preview updates to Azure SQL Azure SQL database external REST endpoints integration in public preview Mid-November 2022 General Availability updates to Azure SQL Public Preview Azure SQL Managed Instance feature wave for November 2022 General Availability Azure SQL Managed Instance feature wave for November 2022 Learn more about the November 2022 Feature Wave for Azure SQL Managed Instance Azure SQL - General availability updates for late November 2022 Azure SQL - Public preview updates for late November 2022 DR Secondary licensing is free with Azure VM and SQL Managed Instance in PAYG model
In this episode, your favorite hosts, Yemi and Nnamdi, were joined by the General Manager, Nigeria of M-Kopa Babajide Duroshola. Babajide talks about how M-Kopa helps the underbanked in 4 African countries access credit facilities with no collateral. He explained how the business operates, acquire customers, and the growth journey so far. To ensure you don't miss any episodes, or updates, and for additional information on the hosts, follow @teardownpodcast on Twitter. If you would like to get all the insider's gist first, subscribe to our newsletter here: [africanstartupteardownpod.substack.com](http://africanstartupteardownpod.substack.com/) Please leave a review, comment, share, and like whenever you listen. We want to hear from you and appreciate your feedback. Better ratings mean more people get to listen to the show, and it helps us grow. SHOWNOTES 0:00 - Intro 2:10 - Who is Babajide Duroshola 4:08 - What is M-Kopa 10:36 - How M-Kopa handles price inflation 13:15 - M-Kopa unique value proposition 16:44 - How M-Kopa achieve PAYG payment 20:30 - How M-Kopa acquires customer 29:47 - M-Kopa growth so far 37:07 - What assumptions is M-Kopa built on 39:40 - How M-Kopa retains customers 44:05 - Outro
Got a question for the trio? - https://zfrmz.com/uLtjhyBskV96PY6eJfaI https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode Dave, Cate and Pete take you through: Market update 1. A warning to investors intending a demolition For those investors who are looking at run-down properties with plans for a future development, it is important to consider the minimum standard of living legislation. If you purposefully purchase a home that needs a lot of work to make it liveable for tenants, you may be over capitalising when the long-term intention is to put a bull-dozer through it. 2. Smoke signals from China Unlike the rest of the world, China has just reduced interest rates to try and stimulate the economy. This is due to some prevalent risks building in the Chinese economy, such as developers going under, Chinese citizens who have refused to pay mortgages because their property has not yet been built and further covid lockdowns. This will have a big impact on Australia and the rest of the world economy. To top it off, China is heading towards their next election... watch this space. Listener questions 1. To buy or not to buy? Properties with a history of murder I've recently came across with a property which has history of murder. 2017. As I keep hearing property is about numbers. And the numbers are good as less buyers want it. My question is would you buy this kind of property where they have “dark history” which will eventually fade in the long run? Any Thoughts on this? 2. What kind of asset mix is best for boosting serviceability & why this may not be the first question to answer Love the podcast! Thank you for taking the time out of your busy lives and putting the show together. My question is related to financing property acquisition. Capital growth is the holy grail for property investing but it is only one side of the equation. Serviceability is the other. If you can't service your debt, all the equity from capital growth is inaccessible. What kind of residential property asset mix should an PAYG investor consider in their property planning to boost serviceability to continue their investment journey? Does a happy intersection of capital growth and rental yield exist? 3. How will the changes to QLD land tax impact investors? What do you think will be the effect of the new changes to Qld land tax. Effectively, you will now be penalised on your Qld land tax if you own properties outside Qld. My own calculation due to my extensive holdings in all states is that this has a horrendous impact on large investors. I now will consider selling some Qld properties. I believe it will have flow on effects, where there will be less investors in Queensland, and rents will rise even more dramatically again (lower vacancy rates). how long do you think it will take for this impact to flow through and the Queensland government will be forced to look at this? The unintended consequences, I believe will be severe. Visit the show notes - https://propertyplanning.com.au/listener-questions-property-with-a-dark-history-to-buy-or-not-to-buy-what-kind-of-asset-mix-is-best-for-boosting-serviceability-why-this-may-not-be-the-first-question-to-answer-and-more/
I want to let you in on a secret. Savvy business owners are never taken aback by their tax returns or business activity statement. They understand what makes up these documents, and they put money aside in preparation for when their tax liabilities fall due.In this episode I take you through the practical steps you can take to be a savvy business owner.I explain to you why mindset is the biggest first step in being a savvy business owner. An abundance mindset is the foundation to this approach and I give some examples on how this can be a powerful position to approach your business from.I share my top four steps to be tax time prepared, including the reports you can run to ensure you're across everything. If you're using accounting software (like my favourite - Xero) you can easily work out how much money you need to sweep aside for GST and PAYG tax withholding.We also discuss how to be prepared for income tax and how this handy pay calculator can help.No more freakouts about your transaction account being emptied out when you need to pay your activity statement, or your tax return.If this still isn't making sense, get a bookkeeper or accountant to help you.I encourage you to be a savvy business owner and I hope I've helped paint a picture as to why this is a better place to do business from.LINKS: Pay CalculatorWhere to Find Bec:Website: https://straightupbookkeeping.com.au/ Instagram: @straightup_bookkeepingFacebook: @straightupbookkeepingLinkedIn: @straight-up-bookkeeping
Payroll is a hot topic at the moment. It's the end of the financial year and of course, everyone wants their group certificates for tax purposes (even though they don't exist anymore). We have until the 14th of July to get all of our client's payroll recognised and finalised with the ATO so there are only a few days left. In this episode, I'm taking you through a high-level overview of what payroll is (including superannuation and PAYG information), important notes you need to think about, and, finally, I'll walk you through 15 points you need to tick off to ensure you've got your payroll covered.Payroll is one of the most complicated parts of my business. There are challenges for businesses that employ a mix of casual, part-time and full-time staff, include special contractual arrangements (such as allowances, deductions, and salary sacrifices), and must adhere to complex awards. The average business owner doesn't understand the complexity of payroll and often I've seen the average bookkeeper struggle. We often hear about payroll underpayments from big companies on the news that extend into the millions so I want to stop any of that happening to you down the road. Write down each of these 15 checks to sit down and go through carefully to make sure you're running your payroll correctly, efficiently and in compliance with the ATO. LINKS: Where to Find Bec:Check out my course Bookkeeping it Real here! Website:https://straightupbookkeeping.com.au/ Instagram: @straightup_bookkeepingFacebook: @straightupbookkeepingLinkedIn: @straight-up-bookkeeping
Siyrat بسم الله الرحمن الرحيم
Siyrat بسم الله الرحمن الرحيم
Sole trader, partnerships, companies, SMSF - what does this all mean? Let the girls educate you on all things business start ups in this episode with guest speaker Tanesha Reed, director of East Coast Incorporations. Over 7+ years in the industry, she is here to help all you beauties get your business start up sorted. Contact Tanesha: 0450 017 533 www.eastcoastinc.com.auEast Coast Incorporations Facebook PageGold Coast, AustraliaThank you for supporting the Barefaced and Naked Podcast! Please downloaded this podcast and share your feedback on Apple Podcasts by clicking HERE Sponsored by Bella Beauty Professional This episode is sponsored by Bella Beauty Professional, the one stop shop for all brow supplies.
June 30 is when the taxman/ATO begins to come knocking! Don't leave your taxes to chance this year -- claim your maximum amount and get a juicy refund. In this episode of The Australian Finance Podcast, Owen Rask talks to expert tax agent Jacob Fenech, part of the Airtax team, about his top 10 ways to save at tax time. Episode transcript now available via the show notes page. Take our free financial education courses on Rask Education and join our FB community. Score $100 off our premium ASX & US share research service, Rask Invest! Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. || We're proudly supported by ETF Securities || Learn more about ETF Securities: https://bit.ly/fundsETFS | DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Argh… tax time is upon us! What tax deductions can I claim? How does my tax work? Can I salary sacrifice or add extra to Super and claim? In this episode of The Australian Finance Podcast, Owen Rask talks to expert tax agent Jacob Fenech, part of the Airtax team, about the 10 "must know" tax rules for 2021 & beyond. Remember, it's okay to claim tax deductions! The ATO (Australian Tax Office) expects people to claim tax deductions -- after all, it's part of the Aussie tradition to get a fat tax refund, right? Episode transcript now available via the show notes page. Take our free financial education courses on Rask Education and join our FB community. Score $100 off our premium ASX & US share research service, Rask Invest! Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. || We're proudly supported by ETF Securities || Learn more about ETF Securities: https://bit.ly/fundsETFS | DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Glen answers your small business tax questions! Touching on:
With Gareth Myles and Andy Lee RSS Link: https://techaddicts.libsyn.com/rss iTunes | Google Podcasts | Stitcher | Tunein | Spotify Amazon | Breaker | Pocket Casts | Castbox | PodhubUK Show Notes News TikTok exit Hong Kong Linkedin snop your clipboard More Pixel 5 rumours Raspberry Pi CutiePi Tablet on Kickstarter Big push on PAYG from Vodafone UK OPPO launches the A72 smartphone Microsoft improving Windows 10 security 7-Inch Windows 5G Laptop One-Netbook OneGx1coming soon LG is introducing a phone with a rollable display in early 2021 I bought The Evercade Bargain Basement Lenovo Duet Chromebook (Wifi) Starting at:£279.99 Main Show URL: http://www.techaddicts.uk Contact:: contact@techaddicts.uk | @techaddictsuk Gareth - @garethmyles | garethmyles.com Andy - @feed_md YouTube: Tech Addicts
This week on the Finding Impact Podcast, we are continuing our second series on hardware entrepreneurs, this one with Mike Hahn of PayGo Energy about his hardware development journey. This is the first episode in our second 3-part series on invention-based entrepreneurs, supported by The Lemelson Foundation. The series aims to provide unique insights into some of the challenges and workarounds faced by entrepreneurs creating hardware products in emerging markets. As many will know, from episode 44 with Mike's Co-Founder Fausto, PayGo Energy has created a smart meter that sits on an LPG gas cylinder, that lets customers pay on a PAYG basis. On this podcast, you will learn: How the idea of PayGo came about: started in 2015 with an observation that, on a daily basis, lots of people were lining up at petrol stations to buy kerosene or diesel fuel for cooking and they were bringing small vessels to carry this fuel home, despite there being a liquified petroleum gas (LPG) option 10 meters away. This spurred our question about why aren't people cooking with LPG? It's clean, fast, and convenient. This idea came about while all of the co-founders were working for different organizations within the informal settlements of Nairobi, Kenya. What their first basic prototype looked like: technical discovery "can we turn gas on and off with a text message?" How their diverse group of co-founders with diverse skill sets helped: technology development, understanding the market/operations, etc. and this blend of personalities and experiences gave them an advantage early on. For their first prototype they used BRCK components (see episode 111 with Erik Hersman, Co-founder of BRCK https://findingimpact.com/fip-111-hardware-entrepreneurs-3-3-creating-a-modem-cum-router-device-aimed-at-solving-last-mile-connectivity-issues-in-africa-with-erik-hersman/) in order to test how to get some level of accuracy of measuring gas vapor (actual flow) to the stove, and then send that data remotely to a server while including the ability to shut that gas flow off. Why he uses SolidWorks for designs and recommends GrabCad for downloading files that other people have made based off of the real object. It makes it easy to plug into My Assembly so you can build something around it, and spatially you are in the right ballpark. Why he decided to buy a 3D printer instead of using 3D printing services: it's incredibly fast and convenient to do it by yourself, especially if you aren't sure how many iterations will be needed, and you're learning about the design as you're making it. How they raised their seed round: having a physical prototype and a real functioning unit in someone's home along with comprehensive market research and a business modeling effort prepared them for that seed round. Also having a couple backers from very early before the seed round helped instill confidence. When working with manufacturers it's a good indicator when you get to meet directly with the CEO. Advice for those in the hardware development process: get yourself into it, fake it until you make it. (But his design background at Rhode Island School of Design also helped.) Don't be afraid to ask for help. Talk to people, work with in the past who are willing to pick up the phone. i.e. how to do contract with a contract manufacturer. Links to resources: PayGo Energy https://www.paygoenergy.co/ SolidWorks http://www.solidworks.com/ GrabCAD https://grabcad.com/ Connect with Mike: LinkedIn https://www.linkedin.com/in/mhahndesign/ Twitter https://twitter.com/paygo_energy?lang=en