BENEFITS
For Companies
Through our extensive consultation process ICS can deliver significant favourable financial and strategic outcomes for companies by reviewing the way they engage their most valuable asset; their human capital.
We have the experience and expertise to assist companies in restructuring some of their workforce to deliver significantly better outcomes for both the company and the individuals concerned. This can give you a recruitment and retention edge over your competitors.
Our corporate clients have found the ICS structure delivers:
- Higher worker satisfaction and financial security
- Better retention of key people
- A possible reduction in statutory taxes, charges and insurance costs for the company
- A reduction in payroll and administration services
- A more flexible workforce.
ICS provides a professional consulting service that reviews the current engagement structures in a business and makes recommendations on viable alternate structures.
We have many delighted customers, both Corporate and individual, who can provide testimonials on request. Please contact us for more information.
For Individuals
The ICS structure allows individuals to run their own business without the need to set up a Company, Discretionary Trust or Partnership, with their inherent initial and ongoing costs. There is no up front cost in joining the ICS structure and no initial or ongoing involvement with:
- Registering for:
– GST
– PAYG
– Superannuation Guarantee
– Workers Compensation
- Ongoing GST or quarterly BAS returns
- Company and Trust Accounts or Annual Company Returns
- Company, Trust or Partnership Tax Returns.
The benefits of joining the ICS structure can be very significant including:
- Access to a legitimate business operating structure without the establishment and ongoing compliance costs
- No involvement whatsoever with GST
- Access to the same business tax deductions as setting up a corporate structure
- A personalised support program tailored to the Contractors needs
- Access to Financial Planning services
- Access to a range of insurance products at wholesale rates including:
– Professional Indemnity Insurance
– Products and Public Liability Insurance
– Income Protection Insurance (without medicals or forms)
– Death and Disability cover (without medicals or forms)
– A wholesale Corporate Superannuation Fund.
With ICS, you get to be your own boss without the administration hassles, as ICS look after all the compliance, back office, bookkeeping, accounting, tax planning and tax returns.
