On paper consultant vs employee- how much do you save in taxes?
Anyone here working as an on paper consultant in a conventional role? How much are you saving in taxes? Do you write off your spends as expenses and claim GST? Pls share some numbers!
Yes
I will form 4 and put 50% income as expenses and pay taxes on 50% only
Can you share how much you make?
And how much you would have paid in taxes if you were an employee vs now?