Description

Identifying the risks and avoiding the traps

The tax and legal treatment of contractors is a complex minefield fraught with cashflow and shortfall penalty risks applying to both the person paying the contractor and the person receiving contract payments.

Topics covered in this practical webinar include:

• Case law developments: contractor v employee.
• Schedular payment obligations: e.g. applying to commissions, film work, directors, labour hire and construction, non-resident contractors working in NZ.
• Attribution rules and contractor income.
• Deductions: e.g. home office and motor vehicle.
• Other legal and commercial issues.

When pricing involvement in projects large and small it is crucial for all parties to understand the cash-flow impacts of contractor taxes and other obligations.

ORIGINAL BROADCAST DATE

21 March 2023

LEARNING OUTCOMES

A broad overview of New Zealand tax and legal issues applying to payments to contractors and contractor tax obligations.

SUITED TO

The webinar is at an intermediate level and will provide practical guidance to accountants, HR, lawyers, labour hire companies, tax advisors, recruiters and anyone making payments to or involved with contractors.

PRESENTERS

Maurits van den Berg, Senior Manager, Taxation Services, Baker Tilly Staples Rodway.

Chris Wright, Head of Human Resources, Baker Tilly Staples Rodway.