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n Tax Breaks Newsletter - Taxman keeps eagle eye on 'employee-to-contractor' tactic : independent contractors

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Abstract

Extracted from text ... Moneyweb's TAX BREAKS February 2006 3 INDEPENDENT CONTRACTORS Taxman keeps eagle eye on 'employee-to-contractor' tactic By KATHY THERSBY TAX authorities are still closely monitoring people who change their tax status from employee to independent contractor in order to gain tax advantages. The South African Revenue Service is particularly suspicious of taxpayers who become independent contractors and then continue to provide services to their so-called former employers, warns PricewaterhouseCoopers tax partner Gerald Seegers. "Many taxpayers have tried to change their tax status from employee to independent contractor, as contractors do not have employees' tax deducted from earnings - and get ..

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/content/montb/2006/241/EJC78235
2006-02-01
2016-12-06
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