Are you self-employed?

If you’re self-employed, you have many more options for tax planning than if you’re an employee. However, determining whether you’re self-employed or employed is not always cut and dried. It depends on your particular circumstances, and often comes down to how much control the person paying for your services exercises over your work.

The Canada Revenue Agency (CRA) has published a guide to assist in determining employed vs. self-employed status. A copy of this guide (“RC4110—Employee or Self-Employed?”) can be found on the CRA’s Web site at (see “Forms and Publications”).