NDIS 2025 price guides

What is the NDIS?

The National Disability Insurance Scheme (NDIS) supports Australians with a disability, their families, and carers. It funds services and support to help participants achieve their goals and improve their quality of life. Understanding how the scheme works is essential if you're considering becoming an NDIS provider.

The NDIS allows participants to choose their service providers, fostering a market where care providers can operate their businesses while delivering meaningful support. Becoming an NDIS provider can be rewarding and sustainable with the right approach.

How do you become an NDIS provider?

To become an NDIS provider, you must follow a specific registration process. The first step is determining whether you want to register as a sole trader, partnership, or organisation. Once you've decided, you'll need to:

1. Complete the online application: The application is available through the NDIS Commission's website. You'll need to provide details about your services and how you comply with the NDIS Practice Standards.
2. Undergo an audit: Depending on your services, you may require a verification or certification audit. Audits ensure your business meets the NDIS's quality and safety standards.
3. Obtain approval: Once your application and audit are approved, you'll receive your registration certificate.

Good financial management is essential for staying compliant with NDIS standards. Choosing accounting software that simplifies this process can make a big difference.

‍

What is the NDIS registration cost?

NDIS registration costs can vary depending on the audit type required and the scope of your services. For smaller providers, the initial cost typically includes:

• Application fees: Fees depend on your business type and the number of services you provide.
• Audit fees: Verification audits usually cost less than certification audits, which require a more detailed assessment.

Ongoing costs include compliance expenses, staff training, and systems maintenance. To manage these expenses effectively, you must have a clear understanding of your financial position.

What is the NDIS price guide?

The NDIS price guide is a comprehensive document that outlines the maximum rates providers can charge for various services. It ensures fairness and transparency for participants and providers. The guide includes information on:

• Support categories and item numbers: Services are grouped into categories, each with a specific code for billing purposes.
• Maximum pricing: The guide sets caps on fees to ensure participants receive value for money.
• Claiming rules: Details on how and when you can claim payments for services delivered.

You can access the latest NDIS price guide on the NDIS website. Familiarising yourself with the guide helps you:

• Set appropriate rates for your services.
• Understand allowable billing practices.
• Plan your service offerings based on demand and profitability.

The NDIS updates the price guide regularly, so staying informed is vital. Accurate financial records can help you adjust your prices to remain competitive and compliant.

‍

What do you need to be eligible as an NDIS carer?

Becoming an NDIS carer involves meeting specific eligibility criteria, including:

• Qualifications and experience: You may need specific certifications or relevant experience depending on your services.
• Background checks: A National Police Check and Working with Children Check (or equivalent) are mandatory.
• Compliance with NDIS standards: Comply with the NDIS Code of Conduct and adhere to quality and safety requirements.

Organising these requirements early can save time and ensure a smooth registration process.

NDIS price guides and care providers

Understanding the NDIS price guides is critical for care providers to manage their services and billing. The guide categorises services, from personal care to community participation, with corresponding maximum fees. Providers who structure their offerings around the price guide can optimise their income and avoid client disputes.

Here are some key points about the price guide:

1. Core supports include daily living assistance, community participation, and transport services.
2. Capacity building supports focus on skill development and independence, including employment and health-related services.
3. Capital supports: These cover higher-cost items like assistive technology and home modifications.

To view the 2025 NDIS price guides, visit the NDIS price guides and pricing page. Accounting software tailored for NDIS providers can streamline invoicing and reporting, helping you align with the price guide while keeping your clients satisfied.

‍

How can Thriday help NDIS providers?

Managing finances as an NDIS provider can feel overwhelming, especially with the need for detailed records and compliance. That's where Thriday comes in. Thriday is an all-in-one financial management platform designed for small businesses, including NDIS providers. Here's how it can help:

1. Simple invoices: Send unlimited professional invoices that are NDIS compliant. Add your branding, set up automated payment reminders and track your projected income.
2. Reconcile receipts: Whenever you incur a work expense, you can easily upload, scan, or email your receipts, and Thriday's AI will scan them and automatically record them on your books.
3. Earn interest: Thriday includes optional business bank accounts* that you can use to track all your income and expenses. The best part is, you earn interest on your funds!
4. Automated accounting: Thriday simplifies your financial processes by automating invoicing, expense tracking, and tax preparation tasks.
5. Real-time reporting: You can generate accurate reports to monitor financial health and meet NDIS audit requirements.
6. Time-saving features: By reducing manual tasks, Thriday lets you focus more on delivering quality care to your clients.

Signing up for Thriday is free and can transform how you handle your finances. Whether you're just starting or looking to improve your existing processes, Thriday offers the tools you need to succeed.

‍

Final thoughts

Accounting is the backbone of any small business, especially for NDIS providers navigating complex requirements. With the right knowledge and tools, you can keep your finances in check, comply with NDIS standards, and grow your business sustainably. Thriday's automated solutions make it easier than ever to manage your finances, so consider signing up today to take control of your accounting and focus on what matters most: delivering exceptional care.

‍