Money Matters

[skidsup]

A quick question for those of you operating as incorporated independant contractors.

 

Do you pay your own WCB premiums?

 

Are you clased as: Air Service, Charter, 12,500 lbs or less in rate group 50106 ?

 

I'm just looking into all the details of doing this. Please feel free to PM with any advice that may help.

 

Thanks,

Fly safe.

[I FLY]

you pay everything, EI, CPP, WCB, and the EI and CPP are paid by you and the employer, which is double, eg. you pay $100, employer pays $100, so gotta look at all the money you will acutally be saving, if this is what you decide. and llife/ health insurance if you choose to do so.

 

I did it once before, didn't make a huge difference.

 

hope this is the kind of answer your loooking for.

[Blackmac]

As a contract pilot or engineer are you not liable to be sued if you screw up?????

 

Don

[67november]

this thread should help answer your ?'s

 

http://www.verticalmag.com/community/index...wtopic=4305&hl=