Path: csiph.com!v102.xanadu-bbs.net!xanadu-bbs.net!news.glorb.com!npeer02.iad.highwinds-media.com!news.highwinds-media.com!feed-me.highwinds-media.com!postnews.google.com!glegroupsg2000goo.googlegroups.com!not-for-mail From: Lew Newsgroups: comp.lang.java.programmer Subject: Re: Should I take a contract position? Date: Wed, 4 Apr 2012 18:20:20 -0700 (PDT) Organization: http://groups.google.com Lines: 35 Message-ID: <8294981.2629.1333588820977.JavaMail.geo-discussion-forums@pbjk8> References: <3beece65-8860-4386-aa2a-61b7e1d025d9@px4g2000pbc.googlegroups.com> NNTP-Posting-Host: 69.28.149.29 Mime-Version: 1.0 Content-Type: text/plain; charset=ISO-8859-1 X-Trace: posting.google.com 1333588821 13068 127.0.0.1 (5 Apr 2012 01:20:21 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: Thu, 5 Apr 2012 01:20:21 +0000 (UTC) In-Reply-To: Complaints-To: groups-abuse@google.com Injection-Info: glegroupsg2000goo.googlegroups.com; posting-host=69.28.149.29; posting-account=CP-lKQoAAAAGtB5diOuGlDQk0jIwmH0T User-Agent: G2/1.0 X-Received-Bytes: 2230 Xref: csiph.com comp.lang.java.programmer:13404 William Colls wrote: > As a contractor, you will be considered a "small Business operator" for > tax purposes. Payments to you will not have any taxes deducted, and you > will need to make provision for remitting to what ever authorities have > jurisdiction. That's only true for independent contractors. > Will you be earning enough to have to register for VAT, GST, or what > ever other business taxes are applicable? Irrelevant if you're a contractor working for a contracting firm. > Will you need to incorporate? There are pros and cons to this, and > location can have big impact. Irrelevant if you're a contractor working for a contracting firm. > How much will Business Insurance cost? Do you need coverage? Irrelevant if you're a contractor working for a contracting firm. > Contracting can be a great way to go, but you need a fair tolerance for > risk. About the same as for direct employment. > My $0.05 Cdn (we don't have pennies any more!) Huh. The U.S. still maintains its penny production, despite their negative seigniorage. Of course, everything here is priced to the penny, so there you go. -- Lew