Let’s look at some ADVANTAGES of working with independent contractors (or subcontractors).
Independent contractors help you quickly fill skills gaps in your team. This enables business growth without taking on employee […]
When you can claim COVID-19 testing
From 1 July 2021, to claim a deduction for the cost you incur to pay for a COVID-19 test, […]
The ATO estimates that around 280,000 businesses need to lodge […]
Their business operated in an industrial niche market which proved to be lucrative and provided Tom and […]
business providing building and construction services cleaning services for contractor payments from 1 July 2018 (first report due by 28 August 2019) courier services for contractor payments from 1 July 2018 (first report due by 28 August 2019) […]
Business tax changes for a new financial year
From 1 July 2019, if taxpayers don’t meet their PAYG withholding and reporting obligations to the ATO, they will not be able to claim a tax deduction for payments:
of salary, wages, commissions, bonuses or allowances to […]
When hiring workers, do you understand the difference between contractors and employees for tax and super purposes?
Understand […]
Tax deductibility of ‘non-compliant’ payments about to get the chop
If the PAYG withholding rules require a […]
EOFY reminders – annual tax returns
Some of these will help to minimise your tax. Others will reduce your exposure to an ATO tax audit. We have […]