Tim Powell

Creator of #BushLinx. Farm sensor monitoring #IOT Weather Stations, Soil Moisture, Tank Monitors, Leak Detection etc. Aussie made AgTech

[Tim Powell @IntirrTim]

Has this bloke ever been impressive?

[Tim Powell @IntirrTim]

@MonelleAg @GribbleRC It’s a very good search engine 👍

[National Farmers' Federation @NationalFarmers]

Farmers are concerned their businesses will be unintentionally captured by incoming tax reforms. We're calling on the Federal Government to lift outdated small business Capital Gains Tax (CGT) concession eligibility thresholds. More here: https://t.co/P1zWst4XXP

[Tim Powell @IntirrTim]

@merkin_about Warning labels sometimes should be optional

[Tim Powell @IntirrTim]

@stationmum101 @DustyPee You’d be the last thing to go through the pilots mind in a crash 😬😂

[Tim Powell @IntirrTim]

@AdamCoffeyNT Everything

[Andrew Whitelaw @WheatWatcher]

An index of grain, fert and diesel prices since a week before the Iran conflict started.

[Tim Powell @IntirrTim]

Yeah, that’s a fair point too and important to be able to get past a loss year. One set of rules rarely suits all I guess

When we started many years ago not being able to carry smaller income forward to fund business growth in a large spend was the specific road block to quicker growth (couldn’t borrow more back then, we were young)

For us a flat tax incentivizes using your own income ahead of debt to grow a business as it means you can carry income forward easily without loosing a huge chunk of it which lowers risk to build a business and increases building your own asset base to weather the future storm

Could be just me 😬

[Tim Powell @IntirrTim]

Why not stop stuffing around.

Do a GST style tax on gross business turnover so that ALL companies MUST contribute. Last time I worked this out it was a few %, literally.
This would completely remove all asset write off/ depreciation etc and simplify things for business by like 90%. Payable in the quarterly bass.
Sack half the ATO staff as they aren’t needed, and it also means if govt wants more tax revenue the politicians will actually have to pump business and stop gaslighting us.

It also means new businesses and growing businesses don’t get to the end of the year and have a massive hole in their bank account compared to the business balance sheet and net position. Might get more than 2/5 new businesses survive past 5 years then.

Just a thought….

@JNampijinpa

[Jacinta Nampijinpa @JNampijinpa]

$50,000 instant asset write-off.

Backing tradies, builders and small businesses to invest in the tools they need to build, fix and grow right here in Australia.

Less tax. Less bureaucracy. More opportunity.

Axe the tax.

[Tim Powell @IntirrTim]

@MonelleAg Sweet. Just did an API setup for them to hook into on farm weather station data in #BushLinx

Roll on…

[Tim Powell @IntirrTim]

@consettfarming Do you mean when you’re putting funds into the business to start it? Would be the same as now wouldn’t it? Seed capital that you take out later as an expense/ repayment of a loan

[RFTTE @rftte]

Mouse plague in many parts of WA including this property near Mullewa… need some rain to get rid of them 🙏

[Tim Powell @IntirrTim]

@pearse_kyle Best sign of a healthy soil 👌

[Simon Craig @craigyMallee]

Anyone short of MAP? We have about 10-15t MAP available at Kooloonong or Nyah. $1230/t plus GST.

[Tim Powell @IntirrTim]

Delicio wines in McLaren Vale

[Tim Powell @IntirrTim]

Sucks having mates that make wines 😱

[Tim Powell @IntirrTim]

@stationmum101 Young bloke never bought anything on Roblox. Waste of money when he already had heaps of fun playing it

[Tim Powell @IntirrTim]

Many different pets

[Grain Producers SA @GrainProducerSA]

MEDIA RELEASE: Grain Producers SA has welcomed the approval of an emergency use permit for ZP50 (Zinc Phosphide) mouse bait, describing the decision as much needed for South Australian grain producers already reporting mouse activity and damage across parts of the state. Read our Media Release in full below:

[Tim Powell @IntirrTim]

@stationmum101 Those things are a good sign! Larger rains to come in next few weeks