Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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SMEs are commonly being caught out by misunderstanding whether their workforce comprises contractors or employees, which can prove to be a costly mistake.
The issue was flagged recently by Aaron Smith of fitness company KX Pilates, who spent tens of thousands of dollars converting all the trainers across his 37 studios to PAYG employees in order to avoid the legal grey areas that arise around contractors.
Read the full article on My Business.