Recorded Webinar: Employer or Contractor – Tax Risk in Contracting Arrangements

When a worker is hired, it is essential to clarify whether they are an employee or contractor. It will affect tax and super obligations, not to mention potential penalties if you get it wrong.

This session unravels the issues and includes:

• Deciding employee or contractor – key considerations for tax purposes
• The legal definition of employee and contractor
• GST issues with contractors
• Can an employer deduct GST from contractor’s earnings?
• The difference between employees and contractors for payroll tax
• Managing tax risk when using an agency or labor hire
• Superannuation issues with employees and contractors
• Case study – the single touch payroll system and contractors