Summary
In New South Wales, working as a subcontractor without a formal contract requires understanding your tax obligations. Even if your manager claims to handle taxes under their ABN, you must declare income on your personal tax return. Operating as a subcontractor generally requires an ABN to manage tax obligations and avoid penalties. Without an ABN, businesses may withhold tax at the highest rate. You can negotiate terms for tax withholding. Consider consulting a tax advisor or legal expert for personalized advice.Full Conversation
Agency has employed me as a deemed worker on a subcontractor basis. Nor formal written contract has been made
Hi ****! In New South Wales, employment without a formal contract can raise several legal considerations. Here are some key points:
- Deemed Worker Status: You may have rights similar to employees, depending on specific circumstances.
- Fair Work Laws: These apply, even without a written contract, regarding pay and conditions.
- Tax Implications: Ensure your tax obligations as a subcontractor are clear.
Do you have any concerns about your pay or conditions?
Manager claims that i have no furhter tax obligations as he has undertaken them under his ABN as income tax and i dont need to declare the money
In New South Wales, it’s essential to understand your tax obligations even if your manager claims to have taken care of them. Here are some points to consider:
- Personal Tax Obligations: Income earned must generally be declared on your personal tax return.
- ABN Responsibilities: Your manager’s ABN doesn’t cover your personal tax responsibilities.
- ATO Guidelines: Check with the Australian Taxation Office for clarity on your specific situation.
Are you concerned about any other aspects of your employment status?
I dont have an abn
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In New South Wales, not having an ABN can affect your tax situation when working as a subcontractor. Here are some points to consider:
- ABN Requirement: If you're operating as a subcontractor, you generally need an ABN.
- Tax Declaration: Income should still be declared on your personal tax return.
- Tax Penalties: Not having an ABN might lead to penalties or withholding tax deductions.
Have you considered applying for an ABN, or do you have any other employment concerns?
Should i have an abn?
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In New South Wales, if you're working as a subcontractor, it's generally advisable to have an Australian Business Number (ABN). This allows you to manage your tax obligations properly and avoid penalties. Without an ABN, you may face withholding tax deductions. It's wise to consider applying for one. Would you like more information on how to apply for an ABN or do you have other concerns?
Can i ask the.
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It seems like you're facing some uncertainties regarding your employment and tax obligations. You might want to consult with a tax advisor or legal expert to ensure compliance. If you have any specific questions, feel free to ask!
Can i ask them to withold tax for me?
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In New South Wales, you can request for tax to be withheld from your payments as a subcontractor. Here's some information:
- Withholding Tax: Without an ABN, businesses may withhold tax at the highest rate.
- Contractual Agreement: You can negotiate terms where tax is withheld.
Consider consulting a tax advisor for personalized advice.
Do you have any other questions about your situation?
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