Bookkeeping
Contractor Compliance offers small business operators a unique contractor service that assists in maintaining their independence and self employed status ensuring they are 100% compliant to go to work.
There is no doubt that contracting is a positive way to work, but it does involve taking personal accountability for many obligations which do not exist when working as an employee.
Contractors have a responsibility to:
- Manage daily business requirements – invoices, payroll etc.
- Report and remit tax? ( GST & PAYG)
- Ensure coverage with the correct insurances ( Public Liability, Accident & Professional Indemnity)
- Manage superannuation contributions
- Ensure the proper licensing is in place
- OH & S compliant
- Comply with State & Federal legislation, additional responsibilities such as Workers Compensation Insurance for contractors who choose to operate through a company, partnership or trust.
Contractor Compliance Bookkeeping Services manage all the above plus more depending on the individual needs of the business owner.