Multi-VA Practices: Navigating Tax and On-Cost Challenges 📊💼In this episode, we delve into the growing trend of virtual assistants establishing multi-VA practices and the potential tax and oncost challenges that may arise. 💻💰 Join us as we explore the complexities of structuring virtual teams and the implications for both lead VAs and team members. 🌐🤝 From tax implications and compliance considerations to safeguarding the interests of all parties involved, we'll discuss strategies for mitigating risks and ensuring legal and financial compliance in multi-VA practices. 💡🔍 Whether you're a VA contemplating forming a multi-VA practice or considering joining one as a team member, this episode offers valuable insights and practical guidance to navigate the intricacies of virtual team dynamics with confidence and clarity. 🌟✨ Let's empower VAs and team members alike to build successful and sustainable collaborations in the virtual workspace! 🚀👥

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© Lyn Prowse-Bishop – ⁠⁠⁠⁠⁠⁠⁠⁠⁠The Virtual Business Show⁠⁠⁠⁠⁠⁠

Tools referred to in the podcast:

The ATO’s Employee/Contractor Decision Tool
The ATO’s Superannuation Guarantee Eligibility Tool
Theme music: 'The Typewriter' by Leroy Anderson. Used with express permission.