Are you a contractor or employee?
Why does it matter?
Because you’re paying the difference if you get it wrong…
By spending your Income Tax prior to paying quarterly instalments, you will end up with a large sum of Tax to pay when you lodge your tax return.
Not to mention your lost Superannuation entitlements. You’re planning to retire one day… right?
https://www.ato.gov.au/individuals/working/employee-or-contractor—what-s-the-difference/