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The Great Canadian Guide to Small Business Payroll

Free Payroll eBooks for Small Business Owners and Startup Founders in the United States & Canada

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Some of the things you'll have to account for in terms of fines: 11 | www.wagepoint.com Back pay wages you should have paid, including any overtime and minimum wage requirements. Penalties for late filing federal and provincial taxes, as well as back pay the taxes owed to the government. Benefits like health insurance, etc. and pay workers' compensation for any misclassified employees who were injured on the job. Determining Your Worker's Status With the CRA If you are still unsure whether you are hiring your first employee or contractor, you can use the CRA's Guide RC4110 to determine a worker's employment status. Key Takeaways It is better to stay compliant with the CRA by fully understanding the differences between employees vs contractors. The CRA looks at two things when determining a worker's employment status - the intent of the relationship, and the amount of control the worker has on the job. Avoid hefty penalties by using the CRA's RC4110 guide to determine if you have hired an employee or a contractor.

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