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  1. DavidMc

    Ongoing costs of running a Trust

    I suppose IT contracting is a tricky area with lots of 'grey'. In the building industry, designs, colour and material choices and dates for individual projects are all contracted and signed off. In individual level IT contracts, all the wording is general in nature because typically the...
  2. DavidMc

    Ongoing costs of running a Trust

    Hahaha, I'll remember to skip that question and just get straight to it :) Reminds me of the old joke, Person 1: 'Can I ask you a question?' Person 2: 'Sure. What's your second question?' Terry - I can see a company would give you additional protection, although I'm assuming the PI &...
  3. DavidMc

    Ongoing costs of running a Trust

    I've just done this setup for my IT contracting. I haven't bothered with setting up a company (you mention ASIC). AFAIK it's an unnecessary expense unless you plan to run a car lease. I knew what I needed from asking peers, but did have my accountant double check it all over. I'm using Xero...
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