Are you tired of not being covered by work cover?
Do you find getting your quarterly/monthly BAS done frustrating?
Do you get annoyed at having to pay your tax installments?
Do you wish you could still salary package and make your income more tax effective?
Are you doing locum work?
Being a sole trader in a private clinic or a locum can be a headache. Handling admin, preparing BAS, lodging tax returns and more. It consumes hours of non-billable time. It can cost you a small fortune without you even knowing it.
You have worked hard to get to where you are now. You have gone through the hospital system where you can access great salary packaging options.
Now that you are working in a private clinic or doing locum work the access to the salary packaging disappears.
You have been asked to set up and work as a sole trader with an ABN which leaves you at risk.
Welcome to the new engagement model for your Medical Career.
Medical Contractor Management.
Case Study –
Dr Bonty worked for a year as a sole trader in a bulk billing clinic. He earned $168,652 that year after paying his tax installments, superannuation and accountant. After factoring in the hours of non-billable time he spent handling his business admin, payroll and other needs, Dr Bonty was left with $95,027.
Dr Bonty then switched to the Medical Contractor Payroll Solution where he earned the same amount. However, Dr Bonty no longer suffered headaches related to wasting hours of non-billable time wading through stacks of paperwork. Even after deducting our fee, Dr Bonty ended up with $15,432.63 extra in his pocket.
Call and ask us how we can help you achieve the same result.
Medical Contractor Management.
Under our new engagement model, you’re free of all this hassle and better off financially. Our complete medical contractor payroll solution manages all the bases. It’s simple, easy and risk free
You become an employee which allows you to salary package again.
Your super is paid for you
You payg tax is paid for you.
No more BAS’s to prepare and lodge.
You are covered by work cover.
No ABN or company required
We make medical contracting simple and easy. You focus on your career and we’ll make sure you’ll enjoy maximum financial benefits and flexibility without the pain involved in handling compliance and endless paperwork.
Your invoicing is taken care of and you are paid as an employee giving you access to great salary packaging options.
You still need to maintain your personal indemnity insurance as this is specific to you.
Your Complete Contractor Management Service.
Why would you contract through your own private company or as a sole trader with an ABN when you have the services offered by Power Pays. You no longer need to be concerned about Personal Services Income provisions that is highly compliant and disadvantages Professional Contractors. As a Medical Contractor, our services can provide you with the same financial benefits and flexibility as a company structure without the hassles of compliance with Personal Service Income legislation, BAS statements, annual returns and tax returns.
Power Pays – how medical contractors get paid.