How It Works

Independent Contractor

An independent contractor is a person contracted to perform work for—or provide services to—another entity as a non-employee. As a result, independent contractors must pay their own superannuation and taxes, and insurances such as PL & PI.

Independent Contractor:

• Highly skilled in their field of expertise
• Works for themselves
• Agree to the hours required to complete the job
• Usually engaged for a specific task or time
• Use their own tools and equipment
• Pay their own tax and GST
• Have set up either a Business or trust
• Submits invoices
• Don’t receive paid leave

Contracting

A consult or contractor is a person contracted to perform work for—or provide services to—another entity as a nonemployee. Depending on the contract negotiated, this arrangement may or may not pay their own superannuation and taxes, and insurances such as PL & PI.

Consultant / Contracting:

• Highly skilled in their field of expertise
• Works for themselves
• May negotiate the hours required to complete the job
• Usually engaged for a specific task or time
• Use their own tools and equipment
• Pay their own tax and GST
• Have set up an ABN
• May submit invoices
• Don’t receive paid leave

Consulting

Consulting is performing work for—or provide services to—another entity as a non-employee.

Consultant:

• Highly skilled in their field of expertise
• Employed casual or fixed term through Onsider and hosted to another entity as a nonemployee
• Works set hours
• Usually engaged for a specific task or time
• Use the company tools and equipment
• Onsider pay Superannuation
• Covered by Onsider insurances