Quote:
Originally Posted by Boblobla
I used to be an independent contractor and my accountant told me that it is lucky I switched to being an employee as they are looking as the CRA as of late 2011 started looking at contractors who only get paid by one company as employees, not a company, and taxing them as such.
Has anyone run into this? I have a potential job opening coming up but it would be a contract position. I don't want to make the move if I am going to get hammered in taxes.
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My accountant told me a different story.
He said that CRA is starting to recognize that companies are hiring contractors for long term projects and the requirement for multiple clients is being relaxed.
Personally I maintain 2-3 clients yearly so I am not worried.
If Locke is reading this maybe he can chime in...