Question
In the province of Ontario, this year, with regards to Employee vs Contractor, , which of the following is correct? Contractors, have vacation and severance
In the province of Ontario, this year, with regards to "Employee vs Contractor",, which of the following is correct?
| Contractors, have vacation and severance rights , but must pay CRA Payroll Deductions on each pay cheque. Contractors can deduct expenses related to working at a company and do not need tp pay CRA Payroll Deductions on each pay.
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| An employees has vacation and severance rights , but must pay CRA Payroll Deductions on each pay cheque. Contractors cannot deduct expenses related to working at a company and do not need tp pay CRA Payroll Deductions on each pay., but has to pay EI on his income tax return.
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| Contractors can deduct expenses related to working at a company and do not need tp pay CRA Payroll Deductions on each pay. An employees cannot hire an assistant, but do have vacation and severance rights , and must pay CRA Payroll Deductions on each pay cheque.
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| An employees has vacation and severance rights , but must pay CRA Payroll Deductions on each pay cheque. Contractors cannot deduct expenses related to working at a company and do not need tp pay CRA Payroll Deductions on each pay. |
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Contemporary Auditing
Authors: Michael C Knapp
12th Edition
357515404, 978-0357515402
