Our Essentials Package gives you a simple payroll solution, while at the same time making sure all of the essentials are taken care of — major tax deductible items, professional insurances, superannuation and payroll obligations.
We will pay you on time, every time. AchieveCorp will take away the hassle of setting up your own consulting company — you simply use ours — which means you donʼt have to worry about BAS lodgement or doing your own bookkeeping.
Once you are set up, send us your timesheet and we will do all of your invoicing, superannuation and PAYG calculations promptly and accurately.
Our reliable, custom-built payroll management system pays you in the pay-run before your agency pays us, so there is no delay receiving your salary, or alternatively ask us about our weekly pay option. You can access your payroll information at any time online through our secure client login.
We donʼt charge entry or exit fees.
Our employer default superannuation fund is Colonial First State and our long-standing professional relationship with Colonial means we have earned the ability to offer you a reduction in ongoing fees, and Life Insurance of up to $1 million without any medical underwriting being required. If you have ever tried applying for Life Insurance independently, you will understand this exemption is difficult to obtain.
This is a significant benefit to contractors who know first-hand the difficulty in obtaining Life Insurance without steady ‘employment’ and then undergoing tedious medical reports and tests. You can rest easy knowing that your Life Insurance will look after your family and your estate if anything happens to you.
Your in-house tax return is prepared by our Certified Practicing Accountants (CPAs) so your valuable time is saved, as we already have most of your information in our systems.
Your Package Options Report clearly sets out an accurate estimate of the increase in your annual disposable income as a result of implementing your customised salary package with AchieveCorp.
|Professional payroll management
You will be employed by a specialist payroll company administered by AchieveCorp for the duration of your contract. We will process your timesheets, calculate your salary and essential deductions for income tax and superannuation, and transfer your net pay to you each period.
|Public Liability and Professional Indemnity Insurances
Your employer will be insured to an appropriate level, up to $20 million, for both Public Liability insurance and Professional Indemnity insurance, for your work undertaken at your client site.
|Workerʼs Compensation Insurance
You will be fully covered as a conventional employee for the purposes of Workers Compensation insurance in the State or Territory your main place of work is located.
|Mandatory employer superannuation contributions
Your minimum required compulsory employer superannuation, currently 9.5% of your gross income, will be deducted from your salary before PAYG is calculated, and remitted to your chosen super fund as frequently as you are paid.
|Salary sacrificed superannuation contributions
You may opt to salary package additional contributions up to your allowable annual limit. These additional salary packaged contributions are deducted from your gross salary before PAYG is calculated, and can provide you with significant tax savings. Talk to our financial planners for further information.
|Your choice of super fund, or use our default fund
Itʼs up to you whether you choose for your contributions to be paid to your existing complying super fund, a complying Self Managed Super Fund (SMSF), or our default employer fund, Colonial First State Super. Enquire with our financial planning team if you require qualified, professional advice regarding your superannuation investment.
|All super paid as frequently as you are paid
Despite superannuation only required by law to be paid to your fund each quarter, AchieveCorp wonʼt hold on to your money, we do whatʼs right by you and remit your superannuation each time we pay you.
|PAYG Payment Summary
Because you are an employee, you will receive a PAYG Payment Summary at the end of each financial year to cover your contracting income. This makes your tax return far simpler than if you were running your own company, preparing your own books, and having to prepare a company tax return as well as your individual tax return. We like to keep things easy for you!
|Basic tax return included
AchieveCorp is a CPA Practice, meaning we are a fully qualified professional accounting practice and can advise you on taxation and accounting matters with authority. Since we have most of your relevant taxation and employment details already in our system, we can save you time by preparing your tax return for you. If your tax return requires more complex schedules, we are more than happy to help and we will let you know if there is an additional cost for our taxation services. Contact our tax team for an appointment.
|24 hour access to payroll details through secure website
You may log in any time to access your employment and payroll details from our secure website, and you will have the ability to upload your timesheets, and professional expense reimbursements, directly through this portal. At the end of the financial year, your PAYG Payment Summary will be made available to you to download directly.
|No set-up or exit fees
We always welcome you on board with AchieveCorp with no hidden costs, and we will never penalise you for departing. You are always welcome back!
|Discount on Qantas Club membership
We have a long-standing relationship with Qantas, and are delighted to pass on our discount to our AchieveCorp Contractors. Ask our team how to apply.
|Expense reimbursement for FBT exempt items (laptop, iPad, mobile phone)
Your out of pocket cost to purchase once-off professional items for business use will be included in your next pay as a tax-deductible, salary packaged expense. Your employer will pay the GST component for you, and you will receive a tax deduction up front for the excluding GST amount. You wonʼt have to wait until the end of the financial year to claim these items in your tax return!
Get paid when you submit your timesheet at the end of your pay period, thereʼs no need to wait for your agency to pay us.
If you have worked a full month for example, then submit your monthly timesheet, we can speed up your pay to make sure you get paid quickly instead of waiting up to another 6 weeks for your agency to pay, depending on your agencyʼs schedule.
For a small accelerator fee, this puts your money in your pocket, sooner!
Payment Accelerator Plus
Submit weekly timesheets and your pay starts now!
Thereʼs no need to wait until you have worked a full month. As with the Payment Accelerator, we will speed up your pay, but if your home budget works best being paid weekly, we can do that too, without interfering with your agencyʼs schedule.
When you start your contract, if you have selected this feature you can submit weekly timesheets to us and get paid weekly!