|
ARTICLES
Keep up to date with accounting news
Are Your Staff Employees or Contractors?
July 4, 2011
How you pay your staff is a bit of a minefield and one you should take time to investigate as the ATO conducting audits on many Companies and industries who commonly mistake employees for contractors.
Generally speaking contractors are paid for the results they achieve rather than the hours they work. They do not normally have to work during hours set by an award or by the employer, and they use their own tools of the trade and equipment (including computers). If a contractor cannot complete the project they have been hired for, and they are unable to delegate it to someone else within their business to complete, then they may well actually be an employee not a contractor.
To find out whether you are classifying your staff in the correct way - use this fabulous online questionnaire / tool from the ATO which will give you the answer in a few clicks - ATO TOOL
How to Choose a Franchise Location
June 15, 2011
One of the most important aspects to take into account will be the location of your franchise - whether you operate out of a shopping centre or on the high street can make a big difference.
For some great information on the pros and cons of each, have a read of the following article - Click here.
|
