PET - Plain English Taxonomy

Attribute: PL04017
Concept:
Label: Other contract expenses
Concept Guidance:
This is the value, during the relevant period, for the amount of payments made to contractors and consultants.A contractor is a person or business which provides goods or services to another entity under terms specified in a contract.A consultant is a professional who provides professional or expert advice in a particular area. Payments made to contractors and consultants may include:- payments to self-employed people such as contractors and consultants including payments subject to a PAYG voluntary agreement to withhold and payments made under a labour hire arrangement- commissions paid to people not receiving a retainer- agency fees (such as advertising)- service fees (such as plant service)- management fees- consultant fees. 
Form-Specifc Guidance:
Contract expenses are payments to other businesses and self-employed persons for work done on a contract basis. Amounts shown here are contract expenses not elsewhere included. Contract expenses should be initially recorded under any other relevant expense items (e.g. contract expenses for repair and maintenance would be recorded under 'Equipment repair and maintenance expenses').
Include:
- payments to other businesses and self employed persons for work done on a contract basis;
- contractors and subcontractors and their employees; and
- owner/drivers.
Dimensions
This attribute does not have any dimensions.