Follow these steps to add your Business Entity information to your Worksome settings:
1. Head into your contractor account settings, found by clicking on your name on the bottom left.
2. From there, scroll down to the bottom of the page to find the "Business entity" section. You will then click the first option "I have a business entity setup". Please fill out the required spaces.
Please note:
If you are an Australian sole trader and produce work for a client via Worksome, we are obligated to charge your client your Superannuation fees on top of their invoices. As of March 2023, the Superannuation contribution is 10.5% of the gross total of the your bills.
Please note this this only applies to contractors that are set up as sole traders and NOT limited companies.
When your client invites your to a job on Worksome, you first create your profile as a sole trader, Worksome will reach out to you via email to collect details of your chosen APRA regulated or RSA fund.
Read more about how Superannuation is handled on Worksome here.
3. Once finalized, hit the "Save" button to save your changes on your account and you are good to go :)
Any questions?
Just hit the chat button to your right to chat with the Worksome Support team, or email hello@worksome.com.