Job Forum Canada

Job Forum Canada (http://www.jobforum.ca/index.php)
-   Self Employment in Canada (http://www.jobforum.ca/forumdisplay.php?f=4)
-   -   Contractor or Employee? (http://www.jobforum.ca/showthread.php?t=3859)

zibzer 03-19-2008 12:14 PM

Contractor or Employee?
 
Hello,

I am a full-time employee (industrial mechanic) for a family member and was wondering if it would be possible to quit the job and get hired as a contractor (sole proprietorship) . This way I could have some tax deducts. 1 person has told me it is entirely possible. Another person told me I need more than 1 client to be a real business. Anyone have any tips for me? thanks!

Also, I have a website generating money (low income @$1000/year), and am looking at getting an investment property to generate money. If I need more than one client to be a business is there anyway I can group all these together as one company so it is legit (even though they are 3 unrelated things). Thanks again!

contractor 03-24-2008 04:01 PM

You can get a contract also as a Corporation. This will save you even more taxes. Just talk to an accountant.

Cathrena 07-06-2009 04:23 PM

Well,I am studying in my High school's..but I wanna start my career as a contractor ? But i have no idea about this particular profession ...I am studying commerce...so what should I do first and what should be my priority in this profession and and can a under-graduate person can start this profession ?

joberiffic 09-21-2009 10:27 AM

Pretty tricky, can you elaborate your post in a clearer way, well it is pretty
confusing hope you don't mind


All times are GMT -5. The time now is 02:26 PM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.