Why business owners need to be careful when engaging performers and event contractors
If you're organising a Christmas function, conference, trade show or corporate event this year, there's an important superannuation rule
that may apply to some of the people you engage.
Many business owners assume that if someone has an ABN, provides an invoice and works as an independent contractor, there are no employment
obligations to consider.
When it comes to superannuation, however, the rules are not always that straightforward.
Plan Ahead Before The Event
Whether you're organising a Christmas celebration, a corporate conference or a community event, a little planning can go a long way.
Understanding your obligations before agreements are signed can help avoid unnecessary surprises and provide confidence that everything has
been set up correctly from the start.
At SMART, we believe informed business owners make better decisions. Taking the time to review how contractors and performers are engaged
can help protect your business and ensure compliance with changing superannuation requirements.
Contractor Or Employee?
Not every contractor arrangement is as straightforward as it seems. Our team can help you understand your obligations before the invoices
arrive and the event begins.
ATO to Stop Accepting Credit Card Payments: What Businesses Need to Know Before 1 December 2026
The ATO will stop accepting direct credit card payments from 1 December 2026, requiring businesses and individuals to switch to alternative payment methods such as debit card, BPAY, EFT or bank account direct debit. While the change affects only a small percentage of taxpayers, businesses that rely on credit cards to manage cash flow or fund ATO payment plans should act now to update arrangements, avoid missed payments and prepare for the cash flow impact of having tax obligations funded from available business funds.
Helping a family member buy a property may seem straightforward, but the way ownership is structured today could have significant tax consequences years down the track.
