WHO IS AN INDEPENDANT CONTRACTOR

Basically, an independent contractor provides products or performs a service for a company but is not actually an employee of that company, and accordingly, do not have tax deductions withheld. Likewise, an independent contractor does not receive benefits, and the employer does not have to provide workers compensation insurance. The employer must, however (for income tax purposes), provide a Canada Revenue Agency T4A and T4A Summary to the independent contractor if the contractor is paid $500.00 or more, per year.

In court cases (especially those involving injuries and workers’ compensation), disputes arise as to whether a person is an independent contractor or an employee of the company. Generally, the key