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It is important that you do mistakenly engage a person as a contractor when they are, in fact, an employee as you may become responsible for things like workers compensation, superannuation, payroll tax and even a contractor’s unpaid income tax.
The fact that your contractor has an ABN does not necessarily mean they will be regarded by the regulators as being an independent contractor. A particular risk is if your contractors are simply paid an hourly rate for hours worked rather than upon the achievement of a result.
Find out more about working with contractors.
Information / details to collect | Explanation |
Public Liability Insurance |
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Workers compensation Insurance (covers the contractors' employees) |
If you employ contractors who are deemed to be a worker, you need to ensure that you have workers compensation insurance and you provide an estimate of your annual wages bill to icare. |
Personal accident/ sickness Insurance / Income protection insurance (covers sole trader contractors) |
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Contractor Trade Licence |
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Safety Induction/ White Card (General Construction Induction Training Card |
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SafeWork Safety Licences (high risk works) - where applicable |
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Safe Work Method Statements (SWMS) |
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Written contracts |
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Warranties |
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ABN, GST |
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Payments under Building and Construction Industry Security of Payment Act 1999 (SOPA) |
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We know that staying on top of contractor compliance can be frustrating and time consuming. That's why we developed the HIA Tradepass contractor management solution.
It is more than an online document storage system – the Tradepass team can assist with collecting and verifying your contractors’ documents, including:
You can then view all your contractor profiles through your own Tradepass builder dashboard available on desktop or device.
If you would like a Tradepass demo or would like to activate a free trial:
Can’t find what you need, check out other resources that might be closer to the mark.
HIA Tradepass takes the hassle out of collecting and verifying contractor business information and registrations. Developed by HIA specifically to suit the needs of residential builders.