Contractor Newsletter | August 2016

2015/2016 – Another financial year done

Another financial year down and it’s now time to wrap it up.

Mid-last month you would have received your payment summary and WRE summary (if applicable) from us. It’s now time to complete your tax return, if you haven’t already done so…don’t worry we’ve made it easy for you.

You may even be eligible to have it completed for FREE.

Your return will be prepared by the highest qualified and experienced accountants.  CXCFP’s accountants specialise in working with contractors and understand your unique needs and tax planning opportunities.

The team can even provide taxation advice to ensure you’re taking advantage of all tax minimisation opportunities both now and into the future.

Simply login to MyCXC and visit the MyTax tab for further information or to get your return kicked off.

If you’d like more information visit www.cxcfinancialpartners.com.au or call the team on 1300 925 081.

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8 questions to maximise your tax efficiency8 tax tips

We’re already a month into the 2016/17 financial year and it’s time you start asking yourself some simple questions about your tax efficiency. Not only have CXC Financial Partners put together these questions for you, they’ve also  prepared some tips to make sure you’re maximising your tax minimisation potential.

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How to get the best exchange rates & avoid excessive fees

Whether emigrating, sending savings back home or purchasing goods from overseas, you can make very significant savings on your transfers by taking some simple steps to make sure you are getting the best deal and managing your exchange rate risk effectively.

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How are contingent workers measuring up?

A recent survey, partly commissioned by Time magazine, looked at how companies are coping with new workforce trends such as the growth of the contingent workforce and on-demand economy. Here we’ve put together some key findings from the Workforce of the Future Survey that help determine just how well contingent workers are measuring up.

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10 ‘must dos’ of independent contracting

Being an independent contractor can be quite complicated at times. The additional responsibilities of managing cash-flow, taxes and of course securing your next gig can leave plenty of room for slip-ups. So to make life easier for contractors, we’ve put together a list of all the factors you need to consider, to enjoy a successful career as an independent contractor. Read on to make sure you don’t fall into the same traps.

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That’s a wrap for the August CXC Global Contractor Newsletter. Let us know if there is anything you would like us to cover in the next edition. We’d love to hear from you.

And don’t forget, if you need to get in touch with us for any service or pay related matter our Customer Service team is more than happy to help.

The team at CXC Global