In this episode we talk about the difference between contractors and employees because your obligations regarding tax, superannuation and Workers Compensation will differ if you are paying contractors or employees.
As the employer, you’re responsible for getting it right…so we will help you be sure by taking you through the 6 attributes the ATO give you to decide if you need to pay super or withhold tax.
We will also discuss the definition regarding Workers Compensation and explain why it’s different.
You will understand when to pay Superannuation, when to withhold PAYGW and when to include a worker in your Workers Compensation policy and give you tools to determine if you are meeting obligations.
You'll find the show notes and links to relevant resources here
Related content: Episode 3 - What you need to know before you hire anyone
You can find the show notes for this episode here
Would you like to submit a question to the show? Let us know on our website or via LinkedIn.
Brought to you by Aster HR, the Work Wonders Podcast is hosted by Angela Gauci & Susan Rochester and is recorded at Launch Pad at Western Sydney University.
All information or advice included in this podcast is general, has been developed as a starting point for your business, and should be tailored to your specific requirements. It should not be considered legal advice. We have made every attempt to ensure the accuracy and currency of this information at the time of recording. However, references to things like employment laws are subject to change. For specific advice relating to your business, please get in touch with us.
