Any IT Contractors out there?

SLi-Man

Active Member
Joined
Sep 7, 2010
Messages
81
So what I want to find out from you guys who are contractors are how you handle tax? Are you registered as a provisional tax payer or did you go the Pty route? Are there any significant benefits of choosing the one over the other perhaps?

Don’t want this to flow into pros and cons of permanent vs contractor, only interested to find out what you guys are doing regarding the above mentioned and why it works for you.
 

JayM

Expert Member
Joined
Oct 30, 2005
Messages
3,460
I went the Pty route - costs more in accounting fees and there is more admin, but it offers you legal protection. If you screw up and someone sues you, they can only go after business and not your personal assets.
 
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