Why You Should Hire a Contractor Payroll Management Company in Australia
The current job market in Australia facilitates over a million contractors, scattered across numerous industries. While it may seem like a lucrative opportunity to become an independent worker, there are a few things you need to know before you get started.
Before you start working as a contractor in Australia, it's important that you know about your tax and super obligations. Having these details at the start can help minimise the stress and time you spend on your work.
As a Labour Hire Consultant in Australia, you have a choice of how to structure your business affairs, whether it be as a sole trader, in a partnership, or an individual working in your own company. You can also refer to yourself as a sub-contractor or an independent contractor. Each of these arrangements will need to ensure that they comply with Personal Services Income Legislation, which is where utilising a Professional Payroll Provider can help.
If you are required to take a role in a city that you do not currently live in, you may be eligible for a common tax allowance, Living Away From Home Allowance. This allows individuals to claim for food and accommodations while they're living away from their homes as required by their job.
To help streamline the process, Achieve Corp provides experienced and versatile payroll management and legal tax minimisation services in Australia. Our contractor payroll managers possess the experience and understanding of the law to provide customised payroll solutions, salary packaging, and legal tax minimisation plans.
Reach out to us to learn more about who we help to get started today.
Partner with Achieve Corp for Payroll Management Services in Australia
Contractors working for a company instead of through an agency must pay attention to state payroll tax. This varies depending on your location. If you're a contractor in an industry specified by the ATO, including the Information Technology or building and construction industry, you'll also have to file a taxable payments annual report. Partnering with a contractor payroll service can help you in this regard.
Navigating your payroll for accurate representation and tax payments can be a difficult process. With various employers and a lack of streamlined income sources, contractors may find it difficult to accurately manage their payroll.
To help independent contractors, Achieve Corp provides experienced and versatile payroll management and legal tax minimisation services in Australia. With over 20 years of experience in the industry, we help you make the most of being an independent contractor by maximising your take-home pay with our payroll services.
Reach out to us to learn more about who we help to get started today.