How can I distinguish whether the income I receive regularly at specific intervals should be classified as salary income, income from other sources, or business income?
- Taxation as salary income requires an employer-employee relationship.
- Parameters for assessment include:
- Control over activities: Whether the payer has complete control over your activities?
- Method of work: Whether the payer dictates how you carry out those activities?
- Authority over methods: Whether the payer has absolute authority to control how your activities are carried out, and do you have to comply with their instructions?
- If all answers of the above questions are 'YES', the income may be taxed as salary income.
- If any or all answers to the above questions are 'NO', the income may not be taxed as salary income."
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