The '10 Reasons Why' contractors should be
working through a Composite Company !
10) Less paperwork for your organisation. We can bulk bill
contractors, only one invoice!
9) Possible reduced payroll tax liabilities in some
cases
8) Reduced costs through reduced
administration
7) Removes the responsibility of tax collection and payment to
statutory bodies, VAT and PAYE taken care of.
6) Ensures that you are dealing with a legal
company/entity
5) You know you are covered for public liability and for
workers
compensation insurance
4) No responsibility for retirement fund collection or
administration
3) You are not liable to be dragged into court for unfair
dismissal if you terminate a contract
2) You will receive free résumés for those contractors seeking
work
1) More room to negotiate with the contractors up front and at
renewal time -more flexibility in payment structure, hence less pressure
on agency margins
AND,
you will be doing the contractors a good service !
IMPORTANT INFORMATION FOR AGENCIES
If
you are employing contractors directly or through their subsiduary companies, you are at risk of being sued by the contractors, the
government or third parties for compensation or unpaid taxes!
Our business is to ensure that the contractors who work through
CXC are legal, have the relevant insurance, and to maximise their cash
in hand earnings. For this we charge them a small fee, which is always
covered by the savings in tax.
This gives the agencies using CXC's services a negotiating
advantage - using CXC will ensure your contractors get the maximum R's
from their fee, and the agency maintains it's
margins.
We can even assist with overseas contractors and sponsorship in
some cases.
The ball game is constantly
changing, and the rules for employment are a moving target. It is our
business to keep abreast of these. Let us look at providing a clean and
legal infrastructure for your contractors so you can get on with your
business.
You will be doing them a
favour!
If you are ready
for us to come and talk to you or to your contractors, call
us!
