I have been a sole trader my entire life. I have invoiced for every job I have done and have always been responsible for my own tax and any super contribution. My accountant or anyone else who invoices me has said otherwise.
I have done a one off job (there may be some more in the future) and they are asking me to include super on my invoice like so:
The super factor is worked out EG. $120 x 12% = 14.40 or EG. $180 x 12% = 21.60
Example:
13/10 5pm class & 6pm class $40per hour = $80
15/10 5pm class $40
Subtotal $120
less super 12% $14.40
Amount payable $105.60
They have stated it is a legal requirement. Changes to the industry.
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113 views2 replies
2 replies
113 views
2 replies