Contracting as a sole trader

topao · Post by **topao** » Thu Jul 08, 2010 3:26 pm

Hey if i was to take a job as a contractor in I.T. and work under an ABN as a Sole Trader what else do i need to work? as in what ype of insurance and such?

Post by **Bennoz** » Thu Jul 08, 2010 3:41 pm

For yourself, the obvious:
- Register for ABN, register trading name if required, otherwise personal name will do (good because its free)
- Register for GST if annual turnover is to exceed $50,000.

Insurance. None are compuslory, but are recommended:
- Public Liability
- Professional Indemnity
- Property and Equipment Insurance
- Income Protection Insurance

Some companies will actually require you to have some of those before employing you, others don't.

The other thing you have to look into is OHS.
Again not compulsory, but some companies will require things like Safe Work Method Statements or
OHS Green (now white) Cards depending on the work site. Query that on an employer basis.

rock_it · Post by **rock_it** » Thu Jul 08, 2010 5:38 pm

Please do not forget about Superannuation ....

Gholdwayne · Post by **Gholdwayne** » Fri Jul 09, 2010 6:54 pm

You're wrong bennoz!!! the annual gst turnover threshhold is 75,000 and 150,000 for non profit organisations. mhahahha! trust me. i know

Post by **Bennoz** » Fri Jul 09, 2010 9:09 pm

Gholdwayne wrote:You're wrong bennoz!!! the annual gst turnover threshhold is 75,000 and 150,000 for non profit organisations. mhahahha! trust me. i know

F*cking LOL

Give me a break, its been 10 years since I contracted, you young whipper snapper. 10 years in fact, such that I have 1 month of long service leave coming up

Now GET OFF MY LAWN

Gholdwayne · Post by **Gholdwayne** » Fri Jul 09, 2010 9:40 pm

but i work for ato!! i answer clients that question at least once a workday!! its in my scripting as well!

LOL!! it used to be 50,000 but i forgot when it changed, i can find out though

Kustom · Post by **Kustom** » Fri Jul 09, 2010 10:02 pm

Bennoz wrote:
Gholdwayne wrote:You're wrong bennoz!!! the annual gst turnover threshhold is 75,000 and 150,000 for non profit organisations. mhahahha! trust me. i know
F*cking LOL

Give me a break, its been 10 years since I contracted, you young whipper snapper. 10 years in fact, such that I have 1 month of long service leave coming up

Now GET OFF MY LAWN

In that one month you have planned to come to brisbane and fix everything on my black FTO right?

Post by **Bennoz** » Fri Jul 09, 2010 10:06 pm

Kustom_FTO wrote:
Bennoz wrote:
Gholdwayne wrote:You're wrong bennoz!!! the annual gst turnover threshhold is 75,000 and 150,000 for non profit organisations. mhahahha! trust me. i know
F*cking LOL

Give me a break, its been 10 years since I contracted, you young whipper snapper. 10 years in fact, such that I have 1 month of long service leave coming up

Now GET OFF MY LAWN
In that one month you have planned to come to brisbane and fix everything on my black FTO right?

You know the hookers & coke deal yeah?

Kustom · Post by **Kustom** » Fri Jul 09, 2010 10:12 pm

Bennoz wrote:
Kustom_FTO wrote:
Bennoz wrote:
Gholdwayne wrote:You're wrong bennoz!!! the annual gst turnover threshhold is 75,000 and 150,000 for non profit organisations. mhahahha! trust me. i know
F*cking LOL

Give me a break, its been 10 years since I contracted, you young whipper snapper. 10 years in fact, such that I have 1 month of long service leave coming up

Now GET OFF MY LAWN
In that one month you have planned to come to brisbane and fix everything on my black FTO right?
You know the hookers & coke deal yeah?

Sure, coca cola and some hooks.. to go in the wall right?

I can sort that out no problem

Gholdwayne · Post by **Gholdwayne** » Fri Jul 09, 2010 11:17 pm

Kustom_FTO wrote:
Bennoz wrote:
Kustom_FTO wrote:
Bennoz wrote:
Gholdwayne wrote:You're wrong bennoz!!! the annual gst turnover threshhold is 75,000 and 150,000 for non profit organisations. mhahahha! trust me. i know
F*cking LOL

Give me a break, its been 10 years since I contracted, you young whipper snapper. 10 years in fact, such that I have 1 month of long service leave coming up

Now GET OFF MY LAWN
In that one month you have planned to come to brisbane and fix everything on my black FTO right?
You know the hookers & coke deal yeah?
Sure, coca cola and some hooks.. to go in the wall right?

I can sort that out no problem

I like

Oh, and i lol'd

and my new room in my new house has no furniture yet, so my lol'ing reverberated

Kustom · Post by **Kustom** » Fri Jul 09, 2010 11:36 pm

Gholdwayne wrote:
Kustom_FTO wrote:
Bennoz wrote:
Kustom_FTO wrote:
Bennoz wrote:
Gholdwayne wrote:You're wrong bennoz!!! the annual gst turnover threshhold is 75,000 and 150,000 for non profit organisations. mhahahha! trust me. i know
F*cking LOL

Give me a break, its been 10 years since I contracted, you young whipper snapper. 10 years in fact, such that I have 1 month of long service leave coming up

Now GET OFF MY LAWN
In that one month you have planned to come to brisbane and fix everything on my black FTO right?
You know the hookers & coke deal yeah?
Sure, coca cola and some hooks.. to go in the wall right?

I can sort that out no problem
I like

Oh, and i lol'd

and my new room in my new house has no furniture yet, so my lol'ing reverberated

Gholdwayne · Post by **Gholdwayne** » Fri Jul 09, 2010 11:50 pm

what the hell! spammer!! what is this quotage!!

Kustom · Post by **Kustom** » Sat Jul 10, 2010 12:46 am

Gholdwayne wrote:what the hell! spammer!! what is this quotage!!

Thats me, your local spammer.

FTO AUSTRALIA

Contracting as a sole trader

Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader

Re: Contracting as a sole trader