Tax implcations in Australia & working...
#1
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Joined: Nov 2006
Location: Camberwell, Melbourne, Australia
Posts: 781
Tax implications in Australia & working...
Chaps
Quick question for those who know, and I appreciate it is hard to determine but...
if you had a choice, which would you do.
A company based overseas is going to employ me here in Australia. It would be a one man band to start out.
If I was given the choice to either have them handle all payroll and everything, so I would just receive a payslip at the end of the month, VERSUS
me setting up the company over here and just invoicing them each month, is there any obvious advantage to either of them from a tax (or anything else) perspective?
Thanks
Quick question for those who know, and I appreciate it is hard to determine but...
if you had a choice, which would you do.
A company based overseas is going to employ me here in Australia. It would be a one man band to start out.
If I was given the choice to either have them handle all payroll and everything, so I would just receive a payslip at the end of the month, VERSUS
me setting up the company over here and just invoicing them each month, is there any obvious advantage to either of them from a tax (or anything else) perspective?
Thanks
Last edited by slipshot; May 1st 2009 at 5:24 am.
#2
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Posts: n/a
Re: Tax implications in Australia & working...
Chaps
Quick question for those who know, and I appreciate it is hard to determine but...
if you had a choice, which would you do.
A company based overseas is going to employ me here in Australia. It would be a one man band to start out.
If I was given the choice to either have them handle all payroll and everything, so I would just receive a payslip at the end of the month, VERSUS
me setting up the company over here and just invoicing them each month, is there any obvious advantage to either of them from a tax (or anything else) perspective?
Thanks
Quick question for those who know, and I appreciate it is hard to determine but...
if you had a choice, which would you do.
A company based overseas is going to employ me here in Australia. It would be a one man band to start out.
If I was given the choice to either have them handle all payroll and everything, so I would just receive a payslip at the end of the month, VERSUS
me setting up the company over here and just invoicing them each month, is there any obvious advantage to either of them from a tax (or anything else) perspective?
Thanks
But, do you want it easy... wage and payslip
or more complex, but better financially
#3
BE Enthusiast
Thread Starter
Joined: Nov 2006
Location: Camberwell, Melbourne, Australia
Posts: 781
Re: Tax implications in Australia & working...
Lots of tax advantages in being self employed here, maybe not setting up a Limited company, as that can have losts of costs involved, but working as self employed, and invoicing the UK (or other country), can be worthwhile for tax.
But, do you want it easy... wage and payslip
or more complex, but better financially
But, do you want it easy... wage and payslip
or more complex, but better financially