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contractor or full time ?

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Old Feb 11th 2007 | 11:56 pm
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Default contractor or full time ?

New to Canada . In the US I was a full time employee of a company.
In canada what is the best way ? the company here would allow to be either a full time or contractor.

What are the advantages/disadv. If im making 80k which is more advantageous ?

Any help is appreciated
 
Old Feb 12th 2007 | 12:07 am
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Default Re: contractor or full time ?

Originally Posted by njdude26
New to Canada . In the US I was a full time employee of a company.
In canada what is the best way ? the company here would allow to be either a full time or contractor.

What are the advantages/disadv. If im making 80k which is more advantageous ?

Any help is appreciated
What do you do?
 
Old Feb 12th 2007 | 12:41 am
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Default Re: contractor or full time ?

Im a software engineer
 
Old Feb 12th 2007 | 12:56 am
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Souvenir is an unknown quantity at this point
Default Re: contractor or full time ?

Originally Posted by njdude26
Im a software engineer
dbd33 is probably your best source of advice, then.
 
Old Feb 12th 2007 | 1:07 am
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Default Re: contractor or full time ?

Originally Posted by njdude26
New to Canada . In the US I was a full time employee of a company.
In canada what is the best way ? the company here would allow to be either a full time or contractor.

What are the advantages/disadv. If im making 80k which is more advantageous ?

Any help is appreciated
I understand the tax rules are as follows.

If you want to opeate as a business and expense your operating costs(computer, home office, travel etc.) then you must have more than one client otherwise you're an employee.

More here

http://sbinfocanada.about.com/od/tax...ontractor1.htm
 

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