Employees, contractors and suppliers
Your tax and super obligations will vary, depending on whether your worker is an employee or a contractor. Check whether your workers are employees or contractors. It is important you know the difference between the two.
Keep records of payments to or for employees, such as salary and wages, pay as you go (PAYG) withholding and super guarantee. Also keep records relevant to your employees' of choice of super funds offered and any fringe benefits you provide.
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How you deal with suppliers may depend on whether or not they quote an ABN on their invoices. The records you need to keep for workers will depend on whether or not they are contractors or employees.