People who perform building and construction work
themselves and employ others are still eligible for
registration in the ...
Self Employed Subcontractors with one
or more employees
Many people start out on their own and as the business grows, tak...
Cont’d . . . . Self-employed workers/Subcontractors/SoleTraders/Partnerships/Trusts
A self employed worker is a worker in...
Who pays for the scheme?
There are no fees or charges to belong to the scheme. The scheme is funded by
a levy paid by pro...
How much do I get?
After 10 years recorded service in the building and construction industry in NSW
you are entitled to r...
Cont’d . . . . Overview
Individual Workers, have periods of employment in the Building and Construction
Industry recorded...
Auditing of your records
Inspectors from the Corporation have the authority to audit employers’ records to check
complianc...
Reminder for Employers
Employers must have service reported to the Corporation within 2 years of the
date it was due or i...
1a pp3a Awesome plumbing NSW LSL requirements
1a pp3a Awesome plumbing NSW LSL requirements
1a pp3a Awesome plumbing NSW LSL requirements
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1a pp3a Awesome plumbing NSW LSL requirements

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A PowerPoint presentation to a Local Plumbing Company in NSW Australia
on the changes to Portable Long Service Leave Account that highlights all of the recent changes in compliance & self-regulation for sub-contractors on all yearly activity.

Published in: Business, Technology
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  • Trainer Notes: Learners to also be issued with detailed LSL handout resource, prior to this presentation to follow the key points on this PowerPoint resource. approx’ 10 mins reading time with say 10-15 mins impromptu Q & A session - + 5 mins Important points Summary
  • 1a pp3a Awesome plumbing NSW LSL requirements

    1. 1. People who perform building and construction work themselves and employ others are still eligible for registration in the scheme as a ‘worker’ Proprietary Companies Many people can register their business as a PTY LTD company and draw a wage or salary from the company. In this situation, the person is considered an employee of that company and if eligible may join the scheme as a worker The company should also register as an employer and must complete and send Start and End Notices to the Corporation for ALL employees (including working directors) who perform building and construction work in NSW
    2. 2. Self Employed Subcontractors with one or more employees Many people start out on their own and as the business grows, take on employees to work full-time part-time or just when there is sufficient work to require it In these cases, the self-employed person must register as an employer and submit Start and End Notices for each eligible worker they employ If eligible for registration as a worker they can also submit a Self Employed Worker Certificate of Service for themselves and record service Self-employed workers/Subcontractors/Sole Traders/Partnerships/Trusts Self employed workers who perform building and construction work are eligible to register with the Corporation
    3. 3. Cont’d . . . . Self-employed workers/Subcontractors/SoleTraders/Partnerships/Trusts A self employed worker is a worker in the Building and Construction Industry who DOES NOT receive a PAYG Payment Summary, Individual Non-Business  ie: a group certificate.This includes ; Subcontractors, Sole Traders Partners, Workers who receive a distribution/dividend from a Trust read the information sheet at: www.longservice.nsw.gov.au Long Service Benefit for the Self Employed/Subcontractors/Sole Traders/Partnerships/Trusts What is a portable long service scheme? Most employees in NSW who work for the same employer for ten consecutive years are entitled to two months paid long service leave The building industry has its own portable Long Service scheme that pays benefits to eligible building and construction workers for their service to the industry rather than to one employer You have to be “working on the tools” to be eligible Who runs the scheme? The Long Service Corporation administers the scheme. The Corporation is a NSW government agency
    4. 4. Who pays for the scheme? There are no fees or charges to belong to the scheme. The scheme is funded by a levy paid by property developers and owners, based on the cost of the building work they are undertaking. The levy is 0.35 % of the Total cost of the work as determined by a consenting certifying authority.  ie; Council, accredited certifier or the Corporation What do I have to do to get a portable Long Service Benefit? Register as a worker by completing a Worker Registration Application Check your Annual Statement each year to ensure that all service has been correctly allocated to your record. It is your responsibility to ensure that your record is up-to-date ~ not your Tax Agent’s How is my service calculated? Your Days of service are added to your long service record based on your net income ie: your annual Gross income from building and construction work in NSW Your net income is compared to the pay rate applicable to your award rate If your net income equals or is higher than this rate you will be credited with a full year’s service of 220 days
    5. 5. How much do I get? After 10 years recorded service in the building and construction industry in NSW you are entitled to receive 2 months (8.6 weeks) pay. The payment is calculated at the current award rate applicable for the type of work you perform When can I get a long service payment? After 10 or more years service in the building & construction industry 5 years service, if you are permanently ceasing work in the industry 55 days service if: You become permanently incapacitated for work in the industry Are 55 years or more of age and retire from the industry Are paid a repatriation pension Overview The Building & Construction Industry Long Service Payments provides for Long Service payments for workers in the NSW Building and Construction Industry The Long Service Corporation is responsible for administering the fund Payments are for service to the industry rather than for continuous employment with an individual employer
    6. 6. Cont’d . . . . Overview Individual Workers, have periods of employment in the Building and Construction Industry recorded by the Corporation from information provided by their employers Employers are required to Register with the Corporation and then advise the Corporation any time they start and end a Workers’ employment At the end of each Financial year the Corporation will provide Employers with a list of all workers that are registered as working for them The employer must check the list, confirm the details, and return it to the Corporation. All Reporting obligations can be done online Workers Workers covered by the Act are employees who perform Building & Construction work. Subcontractors are responsible for lodging their own information & data The following are the types of work classification covered by the scheme; Carpenter, Joiner, Plumber, Concretor, Electrician, Gasfitter, Glazier, W & F Tiler Painter, Plant Operator, Plasterer, Scaffolder, Roof Tiler, Bricklayer, Builder’s Labourer, Foremen, Leading Hand, Trade Apprentices and other tradesmen There is no cost for Employers or Workers to belong to the scheme
    7. 7. Auditing of your records Inspectors from the Corporation have the authority to audit employers’ records to check compliance with their obligations. Employers are required to keep records for 6 years The compliance of requirements for Workers on wages Employee records containing up to date information of name, address LSL registration number, trade award, daily attendance records If you are asked to produce your books and records for an audit, you will need to show the above records for periods as requested Penalties of the LSL Corporation Act Failing to register the commencement of employment of a worker within 7 days of commencement. maximum penalty $2,200 Failing to register the termination of employment of a worker within 7 days of termination. maximum penalty $2,200 Failing to confirm by 31st of July each year workers employed as at 30th of June preceding. maximum penalty $2,200 per worker cont’d . . . . further information on penalties is available online www.longservice.nsw.gov.au
    8. 8. Reminder for Employers Employers must have service reported to the Corporation within 2 years of the date it was due or it will not be included in any employer payments  You can start and end workers online or by using a hard copy of notice forms Forms can be sent to you by contacting LSL Helpline on 13 14 41 It is important that you notify the Corporation within 7 days of a new worker starting with you. If the Corporation is not aware that you employ these workers, they will not appear on your yearly Employer return data  When advising of a worker’s termination date we need to know if they were employed full or part time and how many days worked in that financial year
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