AchieveCorp | Articles

Thinking about Using a Contractor Payroll Management Company? Figure out Your Fees with AchieveCorp's Contractor Pay Calculator

Are you thinking about working with a contractor payroll management company for your future income from contract or consulting services? If so, then one of your big questions is probably about how much it is going to cost. No one wants to give up their hard-earned cash. At the same time, though, there are huge benefits that be achieved by working with a company that provides payroll management services. You'll spend much less time preparing invoices or dealing with boring bookkeeping tasks, you'll get extra perks such as salary packaging, and you will even have the option to get paid weekly even if your contract pays monthly or in lump sum format.

How to Find Corporate Payroll Services for a Fair Cost: Outsourced Accounting for Small Business Clients and Other Companies

Payroll accounting is a fundamental responsibility for businesses of every size, but not every company has the resources to dedicate to doing it themselves. That can be especially difficult for a small business, where payroll is no less vital than in any other company. The trouble is that small businesses often lack the in-house staff to perform payroll services, and the cost of hiring the required professionals can be prohibitive. Fortunately, there's another way to meet your payroll responsibilities: outsource them to another business that can take care of them on your company's behalf.

Does Your Recruitment or Employment Agency Not Offer Salary Packaging? Get More Options with an Outsourced Payroll Solution

There are a lot of great things about working as a contractor with an employment agency. You lead a varied work life, moving from one company and one experience to the next and making valuable professional connections along the way. There can also be disadvantages, though. Perhaps your agency only pays monthly for your contract services, or maybe you don't have any options for salary packaging. At AchieveCorp, we can help you set up an employment agency payroll strategy that includes all the perks and options you might expect from a more traditional full-time employment situation.

Contractors: Here's Why You Should Work with a Payroll Services Company in Canberra Rather Than Starting Your Own Company

When you are an independent contractor, you find yourself in a dilemma virtually every time you sign a new contract or work-for-hire agreement. Should you continue working independently? Or should you start your own company, for the legal and tax benefits that doing so can provide? At AchieveCorp, we'd like to propose a third option: working with a payroll company in Canberra.

Need a Payroll Processing or Management System? Look No Further

Sometimes even small businesses have significant responsibilities. For example, your company might have only a few administrative staff but work with a large number of different contractors. You might also run an agency with many different temporary workers. In either of those cases, you'll have to make sure everyone in your network is paid on time - but this can be difficult when your accounting department has limited resources. Maybe you don't even have a full-time accountant of your own! Not to worry: it's easy to set up a payroll processing system without going to the trouble of hiring new full-time staff.

A Guide to White Label Agency Payroll Solutions for Recruitment Agencies

Money has to change hands when you're in business; that's just the way it works. However, it's never as simple as handing over a fistful of cash to someone in exchange for their service (at least, not in most industries). The intricacies of payroll and accounting duties can overwhelm many companies if they don't have the resources to execute them efficiently. That's why many businesses both large and small are turning to white label payroll solutions to make things easier.

Accounting for Contractors in Canberra

Does your business rely on contractors and consultants for services, advice, and other assistance? Do you want to make sure you are drawing the most talented contractors to your business, even though you aren’t offering them the full benefits of being an employee? Do you want to keep your sharpest contractors around for longer?

Can Professional Indemnity Insurance for Contractors and Public Liability Insurance Help You with securing a contract? Keep Your Contractor Work Safe

Working independently frees you from many of the regular obligations that come with holding down a job as an employee of a larger company, but it also leaves you without a certain degree of protection or support. For example, many larger companies cover the work their employees perform with comprehensive insurance policies, in case of an accident or if a client attempts to sue them for negligence. If you are working alone, without the support of a large enterprise behind you, you may be concerned about being wrongfully sued by a client and having your reputation and career ruined. Fear not, however: there is a solution. It’s possible to arrange professional indemnity insurance for contractors that can keep you protected in the event of such an occurrence. Workers Compensation Insurance is also provided if required.

Contractors: Keep Your Tax Returns Above Board with the Help of AchieveCorp and Our Income Tax Preparation Services

Taxes: something that everyone must deal with and no one enjoys. When you have a full-time job, taxes are typically straightforward. Your employer handles withholding on your salary, and you just need to fill out the paperwork to lodge your tax return by the due date. If you are an independent contractor or Pty Ltd company, though, your tax process is probably more complicated. You have more responsibility when it comes to managing your cash flow, tracking your income, keeping everything organised between multiple contracts, and reporting everything accurately. As such, it’s not a bad idea to invest in professional income tax preparation if you are a contractor.

Are You Looking for Contractor Services That Can Make Your Work Easier? Find a Payroll Management Company You Can Trust

When you work as a contractor, you must be responsible for many things that most employees have taken care of for them. As an independent contractor, nobody is making sure that you are paid on time, helping you with your taxes, or insuring your work against professional liability. Some contractors take care of these matters on their own, but doing so can cause your job to be more stressful and time-consuming than it already is—plus, your clients won’t pay you to stay organised. Instead of taking it upon yourself to perform all this extra work independently, consider hiring a contractor management company to take care of them for you.

Starting a New IT Contract? Make Your Life Easier by Working with Accountants for IT Contractors in Canberra

You are an information technology expert who tends to do most of your work on a consulting or contract basis. You just signed a significant contract to provide IT consulting and services to a sizeable business or Government Department. After years of working as a full time employee, you are trying to decide whether you should start a new company to handle payroll, tax withholding, workers compensation insurance, and superannuation for your business.

Three Reasons to Choose a Payroll Management Company for Contractor Services in Australia

Your work as a contractor can be gratifying, but it can also come with considerations that take up a lot of your spare time—and money. Most contractors must take care of their own payroll duties, which can be time-consuming. Doing your own invoicing, organising your own insurance, and compiling your tax documentation can add up to hours of time that come out of your schedule—it’s almost like doing unpaid labour. However, there’s a solution: hire a payroll management company to take care of these duties on your behalf. The time and money you can save by entrusting these duties to a professional can be well worth it.

Why Independent Payroll Services Can Serve You Well

There are many reasons why you might have chosen to become an independent contractor. Being an independent contractor offers the kind of financial freedom that being employed at a company somewhere just can’t match. However, independent contracting also comes with specific challenges and responsibilities. For instance, you have to work without any HR or payroll support—or do you? As it turns out, you can have professional help with your invoicing, insurance and salary packaging. You just need to hire independent payroll services.

Now Busy Contractors Can Experience the Benefits of Outsourcing Payroll

Are you a contractor with an employment agency seeking to lease a new car? The notion of not having salary packaging can be a real struggle for many independent contractors who work hard but can’t get the salary packaging they deserve.

Contractors Rely on Australian Payroll Service Provider for Immediate Pay

Congratulations on your new IT contract! You’ve worked hard to build up your experience and deserve the benefits and contractor pay coming your way. However, if you’re not familiar with invoicing and bookkeeping, being an independent IT contractor can be quite frustrating, especially when you have to wait to get paid. Clients often pay contractors after the end of each month.

Enjoy the Safety and Security of Professional Independent Contractor Payroll Service in Australia

As a busy independent IT contractor in need of payroll services, you likely wonder which approach would suit you best; to start your own company or sign up with a professional payroll services company.

How an IT Contractor Can Get Regular Pay and Track Expenses for Tax Records

You’ve just landed a new contract at an excellent hourly rate - more substantial than any you’ve nailed down before - and you’re excited to get started on a challenging and rewarding project that’s going to take your IT work to new heights. There’s only one issue: your client, or your Agency, stipulates once-monthly pay, and you’re not sure you can make ends meet with such an infrequent pay scheme. It’s a contractor’s worst payroll nightmare - having to turn down a tremendous contract thanks to an irregular compensation scheme.

Considering Outsourced Payroll? These Australian Providers Offer Payroll Outsourcing Solutions That Work

When you’re starting out on a new venture, there are a million things to consider. From finding clients and managing contracts to getting the work done, your time is stretched thinner than most. Yet you power through. As an independent IT contractor, you’re used to taking care of everything yourself. It can be hard to let go of even the smallest details when you’re used to this level of responsibility. There are some things, however, that are better off outsourced to professional providers. Payroll is one of them.

Do you have Payroll Enquiries? Get Paid Faster with Skilled Payroll Services in Australia

The adage “you get what you pay for” can apply to the purchase of many items but many folks recognise the saying as it relates to purchasing goods and services. When it comes to payroll, and invoicing or bookkeeping services, the motto holds true as well.

Simplify Your Contracting Work with Payroll Management Services from AchieveCorp

There are many great things about being an independent contractor. You make your own hours. You avoid time-consuming commutes. You can take on an eclectic array of projects, giving yourself the kind of variety that staves off occupational burnout. However, there are downsides as well. One of those cons is payroll management. It takes a lot of time to invoice your clients and make sure you get paid for your various projects. Of course, this step is an essential part of the process, but you can imagine that many contractors have spent innumerable hours wishing for a payroll management company geared towards the self-employed. With AchieveCorp, you won’t have to set up your own company or ABN, or even hold your own insurances for workers compensation, professional indemnity and public liability – we’ll take care of all of that for you.

Contractors: Stay above Board with Your Tax Obligations by Outsourcing to a Payroll Processing Services Company

One of the significant challenges of being an independent IT contractor is staying on top of all your tax obligations. When you work for a company that considers you to be an employee—whether full time or part time—you don’t have to worry about taxes so much. PAYG income tax is withheld from every pay to satisfy ATO requirements and superannuation is paid to your super fund on your behalf. All you need to do is lodge a tax return at the end of the financial year with your PAYG Payment Summary information, and that’s about it.

Frequently Asked Questions about Payroll Service Providers

For many small proprietors, solo entrepreneurs and IT Contractors, the work involved in handling one’s own payroll duties can be distracting—even debilitating. For that reason, many people consider outsourcing their bookkeeping and other financial and reporting responsibilities to third-party payroll service providers. However, others wonder whether an outside payroll provider will offer them enough benefits to be worth using one. Here is everything you ever wanted to know about hiring outsourced payroll providers but were too afraid to ask, so that you can make the right choice for yourself and your business:

Does Your Employment Agency Pay Monthly? Set up a Weekly Payment System with the Help of the Right Payroll Service Company

You just landed a new contract with a high-profile client. Once you get everything up and running, the contract will be your primary source of income. There’s just one problem: your Agency only pays monthly. You need a more consistent cash flow to handle your daily and weekly expenses, but you’re hesitant to rock the boat too much with your new client. What do you do to make the payroll system work for you?

What Does It Cost to Outsource Payroll? Understanding What You’re Paying and What You’re Buying

‘What does it cost to outsource payroll?’

How Payroll Outsourcing Companies Provide Services that Make Your Life Easier

No matter what kind of services you provide, your company needs to keep track of specific details. If you have multiple contractors or consultants, it is essential to make sure that they are all being paid on time and in full. Even if you are an independent contractor, you will need to keep track of financial records and deal with invoicing your clients. Whatever the situation, the work of balancing your books and settling your accounts can add up quickly to a significant time commitment. To ensure that you are always able to work efficiently, it may be worth outsourcing some or all your payroll responsibilities to a company that can provide appropriate third-party services.

Solutions for Organising Your Pay: Simple and Effective Contractor Payroll Services

Many businesses rely on independent contractors to perform some or all the services they offer or hire them to fulfil critical administrative responsibilities. If you work as a contractor, you are probably faced with the choice of being engaged as a PAYG employee through your Employment Agency, or finding another payroll solution. Working as an independent contractor offers advantages such as flexibility and the freedom to be your own boss. However, it can also create challenges—especially when it comes to being paid for your work. Your clients or your Employment Agency may all have different policies, fees, and pay periods for different contracts. The more complicated your situation is, the longer it will take for you to handle payroll services for your consultancy. If you are a particularly busy contractor, having payroll taken care of by a third party can help you save considerable time and peace of mind.

Looking for Payroll Providers? Three Advantages of Outsourced Payroll Solutions

Most people find themselves in business because they love the services they offer, or because they have identified a problem in the market that they are passionate about solving. However, many small businesses and sole proprietors can become so bogged down in the day-to-day responsibilities of managing a company that they find their attention wandering over time. To prevent your passions from waning and remaining focused on doing the work you love, it may be wise to consider outsourced payroll solutions. Using outsourced payroll providers to handle your accounting and bookkeeping out-of-house can provide you with several substantial benefits, as follows: