Hi,
my partner has recently been offered a job. He has the option to become an employee, or to be a contractor, billing monthly.
Just wondering if anyone knows "in general", which is the better option (on the assumption that job security is not an issue)? Am thinking tax-wise self employed is probably better but I really don't know much about self employed taxation.
Any thoughts?
Thanks.
my partner has recently been offered a job. He has the option to become an employee, or to be a contractor, billing monthly.
Just wondering if anyone knows "in general", which is the better option (on the assumption that job security is not an issue)? Am thinking tax-wise self employed is probably better but I really don't know much about self employed taxation.
Any thoughts?
Thanks.