The Freelance Global Group is a specialist facilitator of legal structures, remuneration models and administration services to individual contractors nationally. 

Freelance provides an operating framework for both independent and PAYG contractors in a variety of industry sectors to ensure compliance and maximised financial outcomes.

Established in 1990, Freelance has a presence in all Australian capital cities and has been advising and facilitating contractor engagements for nearly two decades. Freelance is the oldest and most experienced operator of engagement models in Australia, with an internal infrastructure specifically designed to service contractors, including in-house legal counsel, taxation, wealth management and client services.

Freelance is best positioned to manage the risk and compliance of all contract workers enabling peace of mind, and the comfort of an organisation that stands behind you.

The Initial Experience

For each and every assignment Freelance will ensure that you receive:

• a detailed assessment of your operating activities and assignment ensuring the most appropriate and compliant package recommendation
• a review of your current financial position and arrangements to deliver maximum financial return
• a review of contractual arrangement to ensure it reflects the nature of your assignment and provides you with ultimate protection
• a remuneration package that allows you to achieve your short and long term financial objectives
• a risk and financial assessment to deliver peace of mind and financial security for you and your family
  

Compliance and risk management are cornerstones of the Freelance operations and are designed with your interests and protection as our first priority. As such, all of Freelance's processes, procedures and remuneration models are routinely examined by leading legal experts and top tier accounting and audit firms. 

Servicing your Interests and Financial Freedom

Designing the right package is critical in delivering a sustainable financial outcome while ensuring your protection from a complex regulatory and legislative environment.

Your assignment, financial factors and the specific nature of your activities will determine which contractor engagement model is most compliant and financially suitable. There are a variety of contracting models available.

Freelance Engagement Models

Independent Contractor

All individual contractors who meet the criteria set out in the Freelance Contractor Assessment process are determined to be independent contractors (IC) and as such they qualify to apply to become a beneficiary of the Freelance Trust. As a beneficiary, you are entitled to receive discretionary distributions as a result of the achievement of successful results. As an IC you are entitled to claim business deductions in the performance of business activities.

Freelance provides IC's with administration services, remuneration structure and tax advice, tax and return preparation, insurances and wealth management services. This is a unique combination of services that provides financial value to individuals.

PAYG Contractor (freelance employee)

Individual contractors who do not meet the criteria to be designated as an independent contractor  and whose services are aligned to employment, can be PAYG contractors employed by Freelance. All PAYG contractors are treated as employees of Freelance, receiving salaries and wages with the appropriate withholding for taxation and superannuation.

All PAYG contractors are covered by the appropriate insurances and subject to the selected package are entitled to taxation advice and return preparation, wealth management services, salary packaging and access to finance services.

Sub Contractor (services sub contracted to individual)

In certain circumstances and for specific assignments where Freelance has been engaged to provide services it may not possess the necessary skills for, it will sub contract the performance of services to appropriately skilled individual contractors.

Freelance then remunerates the contractor in accordance with the contract terms, after receipt of an invoice for the services undertaken.

In certain circumstances Freelance can arrange for sub contractors to be covered for the necessary insurances and subject to additional costs, may offer taxation and wealth management services.

Pty Ltd Administration (contractor own company)

Using a Pty Ltd company structure to contract directly with the client or indirectly through a labour hire firm to provide services is a common practice among contractors, however in all such cases, the individual will be responsible for the administration, management, accounting, reporting and taxation of the Pty Ltd company. This is often a time consuming and expensive activity. Freelance specialises in managing the administration, accounting and taxation including all supporting and necessary infrastructure for contractors operating through a Pty Ltd company. Freelance removes all the burden and time cost associated with these activities and ensures the contractor is free to focus on and enjoy the important things in life.

Self-employed Contractor

Freelance can provide an operating framework that administers the operating activities of independent contractors, who do not have or wish to have ABNs or interposed entities, in a variety of industry sectors to ensure total compliance and maximised financial outcomes. Self-employed contractors engaged through Freelance obtain not only the benefit of operating in a wholly compliant environment, but of accessing an extensive range of products and services designed to add further value to the contracting engagement and their longer term financial position

Rewards and Benefits

Freelance’s Independent Contractor engagement model delivers benefits across three primary areas of compliance, income generation and value added services.

• no need to set up a corporate structure which is expensive and time consuming to establish and maintain
• no involvement in GST/BAS returns
• no PAYG, superannuation guarantee or workers compensation business deductions are available.

• income is received gross by way of trust distribution, with no deductions for income tax or superannuation
• partners & associated entities may be eligible to receive distributions
• ability to generate greater cash flow and maximise net income.

Value Adds:

• free tax return preparation, and unlimited tax planning and advice, for you and your partner/spouse
• initial financial planning consultation with Freelance Wealth Management
• all invoice, payment and banking functions included—no time consuming paperwork
• access to cover under our competitively priced public liability, professional indemnity and income protection insurance policies.

  Back to Freelance Global Overview