Articles – Page 2

Do you earn Personal Services Income?

Admin Tax September 18, 2018September 18, 2018personal services income, PSI

DO YOU EARN PERSONAL SERVICES INCOME? This is an important question for many contractors, because if the answer is “Yes”, the contractor can be limited in what deductions they are able to claim and who pays the tax on their

When is a contractor not a contractor?

Admin Business July 18, 2018August 7, 2018contractors versus employees

With fines of up to $63,000 per breach, mistaking an employee as a contractor can potentially kill your business. There is no doubt that contract work is increasing in Australia. According to the 2017 Hays Salary Guide, 23 % of