Tax Rate Notification
Contractors are required to provide an IR330C - Tax Rate Notification for Contractors form. If this form is not submitted, the no-notification tax rate of 45% will apply to their payments.
GST Registration for Contractors
Contractors must register for GST if their gross income (total before tax), including allowances (such as accommodation) and per diems (daily payments for meals and laundry), meets either of the following criteria:
- Exceeds $60,000 over the last 12 months
- Is expected to exceed $60,000 in the next 12 months
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