Self Employed With A Company
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FAQ
Ing to the CRA, you are an incorporated employee due to the way you operate your business. Therefore, how much control you have over your hours/schedule and whether you own the work tools will determine if you are an independent contractor or an employee.
If the worker is a self-employed individual, they must operate a business and be engaged in a business relationship with the payer. For more information, go to Businesses taxes.
employed person refers to any person who earns their living from any independent pursuit of economic activity, as opposed to earning a living working for a company or another individual (an employer).
employed person does not work for a specific employer who pays them a consistent salary or wage. Selfemployed individuals, or independent contractors, earn income by contracting with a trade or business directly.
Some business owners wonder, "Am I considered self-employed if I own an S Corp?" Owners of S Corporations are "employed by" the S Corporation and receive a salary. This means that strictly speaking, you are not self-employed since you're considered an employee of the company.