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Wednesday, January 16 2019

In a lot of situations, hiring a contractor to get a particular job done makes perfect sense. It may require expertise or skills none of your employees has. You may only need someone for a short timeframe to clear a backlog of work. Or maybe you just want to avoid having to go through a formal recruitment process.

But be careful. Even though you hired them as a contractor, the Australian Taxation Office (ATO) may actually see them as an employee. And the penalties for disguising an employee as an independent contractor (known as “sham contracting”) can be up to $51,000 per instance... Read more

 

 

 

 

 

Posted by: NH Business & Taxation AT 07:48 am   |  Permalink   |  0 Comments  |  Email
Wednesday, January 02 2019

 “I get all my business from word-of-mouth marketing.”

“I’m a referral business.”

“I don’t have the budget for marketing.”

“I’m just too busy to market my business!”

If you find yourself saying any of the above, it’s likely that you experience considerable peaks and troughs in your small business...Read more

 

 

 

 

 

 

Posted by: NH Business & Taxation AT 01:17 am   |  Permalink   |  0 Comments  |  Email
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