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Public Accountants Registered Tax Agents | Covid-19 Reopening

Category: Contractor

Superannuation, The Self-Employed & Contractors

If you’re a contractor, freelancer, or self-employed, you’re probably already juggling multiple responsibilities, from managing clients to keeping track of your income.

One area that often gets overlooked is superannuation, but it’s crucial to think about your future.

Even though you may not have an employer making regular super contributions on your behalf, you can still take control of your super to ensure you’re building a nest egg for retirement. 

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Thinking About Becoming A Contractor? ABNs, Sham Contracting, Agreements And More

Being a contractor offers flexibility, choice and more control over your own schedule. It also means that you have different responsibilities from other employees that you may have to fulfil.
For employers, knowing the difference between a contractor and an employee is a must. It can lead to costly penalties if the two get confused.

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