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If you are employing contractors directly or through their mum and dad companies, you are at risk of being sued by the contractors, the government or third parties for compensation or unpaid taxes! Our business is to ensure that the contractors who work through CXC are legal, have the relevant insurance, and to maximise their cash in hand earnings. For this we charge them a small fee, which is always covered by the savings in tax. This gives the agencies using CXC's services a negotiating advantage - using CXC will ensure your contractors get the maximum $s from their fee, and the agency maintains it's margins. We can even assist with overseas contractors and sponsorship in some cases. The ball game is constantly changing, and the rules for employment are
a moving target. It is our business to keep abreast of these changes. Let
us look at providing a clean and legal infrastructure for your contractors
so you can get on with your business. |
The '10 Reasons Why' contractors should be working through a Composite Company!10)
Less paperwork for your organisation. We can bulk bill contractors,
9) Possible reduced payroll tax liabilities in some cases 8) Reduced costs through reduced administration 7) Removes the responsibility of tax collection and payment to statutory bodies, GST and ABN's taken care of. 6) Ensures that you are dealing with a legal company/entity 5)
You know you are covered for public liability and for workers 4) No responsibility for superannuation collection or administration 3) You are not liable to be dragged into court for unfair dismissal if you terminate a contract 2) You will receive free resumes for those contractors seeking work through JobsXchange 1)
More room to negotiate with the contractors up front and at renewal
time -more flexibility in payment structure, hence less pressure on
agency margins, |