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Hiring Casual Employees

Discussion in 'Business & Startup Investing' started by Chris C, 3rd May, 2009.

  1. Chris C

    Chris C Well-Known Member

    Joined:
    2nd Apr, 2008
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    1,327
    Location:
    Brisbane, QLD
    Recently I have been seriously considering hiring a casual employee or two that would work 10 - 12 hours a week and help with my business.

    I was just wondering what if anyone had any good practical advice in going about employee casual employees? Like things I really need to look into etc etc? Also is there anything I need to know here form a tax stand point?

    I have done a bit of reading around and I read that I may need to setup PAYG and Super Contributions? I was just wondering what this involved and if it something that I should be looking to get an accountant to handle?

    Also I have been looking at making a move overseas, and was wondering what would happen in the event that I do move to Singapore, would I still be Able to continue employing Australians as casual employees? What business and tax implications are there for doing something like this?
     
  2. AsxBroker

    AsxBroker Well-Known Member

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    Location:
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    Hi Chris,

    Superannuation Guarantee Contributions (SGC) has to be paid if employees are paid more than $450 per month.

    Cheers,

    Dan
     
  3. Chris C

    Chris C Well-Known Member

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    Location:
    Brisbane, QLD
    I'm hoping at this stage (at least in the early period of employment) I won't be paying the individual more than $450 a month, though I do expect to exceed this limit if the arrangement proves itself to be worthwhile.

    Anything else I should be looking into?
     
  4. NickM

    NickM Co-founder Staff Member

    Joined:
    20th Jun, 2005
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    Location:
    Sydney
    Hi Chris
    you need to also consider Workers comp. Compulsory in most states. NSW has a threshold now of $7Kpa whereby it is not required.

    If you have a company, you will need to ensure you have at least 1 Aust resident director
    Nickm
     
  5. Chris C

    Chris C Well-Known Member

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    Location:
    Brisbane, QLD
    Thanks for the input Nick.

    I don't presently have a company I have a sole trading business. So would I need to incorporate and get a director that was also an Australian resident to continue employing people in Australia?