PKF is a network of accounting firms which are members of PKF International and found all over the world. In Australia, the firms are also members of PKF Australia which provides technical support, quality control and the benefits of pooling the combined resources to the network members.

 Our clients are mostly family owned businesses, professionals and investors. The clients operate in a broad range of industries including building and construction, retail, financial services, medicine and law. Our business clients have two points of contact, the principal and one of the senior accountants. This provides them with at least two people who know them and can help with any enquiry.

The resources available to PKF in Tasmanian through its national and international connections mean that virtually any service required of an accounting firm can be provided with the benefit of local knowledge, personal contact and smaller firm cost structure. This also means that our clients doing business in other states or countries can have the advantage of their local accountant having established procedures to access the necessary solutions for them outside of Tasmania.

Contractors or Employees?

One area of Australian Taxation Office education and audit activity we are expecting to increase is the issue of payments to workers in the building and construction industry and, specifically, whether payments which are made to those treated as contractors produce a liability for the payer for superannuation and whether income tax instalments should be deducted.

Over the years practices have evolved in some industries where the line between a worker being an employee or an independent contractor has been blurred………