by Davie Mach | Oct 29, 2018 | All, Contractor Handbook, Startup, Startup, Startup
Benefits of Becoming a Contractor A new wave of contractors has hit many industries and the old views of working for one stable job for the rest of your life is out the window. If you are independent and work in a highly specialised industry, there will come a time...
by Davie Mach | Oct 29, 2018 | All, Business Structure, Business Structure, Contractor Handbook, Guides, Small Business Handbook, Startup, Startup, Structures
A common question that a lot of new business owners ask themselves is “what business structure should I choose?”. The answer to what business structure is best depends on your situation and what your business goals are. Therefore, there’s no easy to...
by Davie Mach | Oct 29, 2018 | Small Business Handbook, Business Structure, Business Structure, Contractor Handbook, Guides, Startup, Startup, Startup, Structures
Choosing a business a sole trader vs company business structure can be confusing as each individual’s business situation is different. In our experience, many business owners consider between a sole trader vs company business structure when they’re looking...
by Davie Mach | Oct 29, 2018 | All, Accounting, Accounting, Accounting & Tax, Contractor Handbook, Guides, Small Business Handbook, Startup, Tax Planning, Tax Planning
Taking money out of a limited company for personal use Many contractors choose to operate out of a Pty Ltd company as it is the most suitable structure for them. A Pty Ltd Company is a separate legal entity and thus, all the money and assets belong to the...
by Davie Mach | Oct 29, 2018 | Accounting & Tax, All, BAS, Tax Returns & Financial Statements, BAS, Tax Returns & Financial Statements, Contractor Handbook, Startup, Startup
The Tax Guide for Contractors, Consultants, Freelancers and Locums As a consultant, contractor, freelancer and locum there is a range of taxation obligations you are required to deal with. It is important to speak to your accountant or the Australian Taxation Office...
by Davie Mach | Oct 29, 2018 | All, Contractor Handbook, Contracts, Small Business Handbook, Startup, Startup, Startup
There is a lot of conjecture as to whether a written contract is required for all agreements or is a verbal agreement also legally binding? The answer to that is that both verbal or written can be legally binding. However, do we recommend it? And the answer is no. Why...