What is tax planning? Essentially, tax planning is something you do to put your business into the best possible tax position. After all, nobody... Read more
Have you thought about what would happen if your contractor or sub-contractor made an error or gave wrong information to a client.
It is really important you do the necessary background check to ensure your contactors are suitably covered in regards to liability insurances.
Yes there are lots of pros when it comes to employing a contractor. However consider the following points:
On the positive side:
Food for thought:
You may have a verbal agreement in place but a written agreement will ensure there is clarity about what is promised/expected.
Request proof of Public and Products Liability Insurance before you engage a contractor in the form of a Certificate of Currency which will include but is not limited to the following:
One further point is you need to be clear that if the contractor sub-contracts the work, the subcontractor also needs to provide their own Certificate of Currency.
By Sarah Allen
Kerri Stutley, Tumby Bay Foodland
Rodney Quinn, Quinn Transport