What should I know before working as an independent contractor?

Question

Before working as an independent contractor, understand that you manage your own taxes, business registration, liability insurance, client contracts, invoicing, and benefits without employer protections.

Sienna Lawson · Answer

Before working as an independent contractor, understand that you manage your own taxes, business registration, and insurance. Contracts define scope, payment schedules, and liability, so review terms carefully. Without employee benefits like paid leave or superannuation, set your rates to cover business expenses and downtime.

What should I know before working as an independent contractor?

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