Entrepreneurship & Small Business

Incorporated, do I need to file ROE for myself?

  • Last Updated:
  • May 1st, 2020 11:14 am
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[OP]
Deal Addict
Oct 28, 2015
2013 posts
1170 upvotes
Vaughan, ON

Incorporated, do I need to file ROE for myself?

My Incorporation no longer pays myself T4 salary due to COV19, should I file myself a ROE? I am still somewhat working right now. or is ROE exempted for owner of Inc? thanks
2 replies
Deal Fanatic
Jul 26, 2007
6781 posts
4350 upvotes
Toronto
As self employed ei exempted employer, what do you think you would gain by filing record of employment for yourself, other then spending 10mins which you will never get back?
Newbie
Aug 13, 2021
1 posts
peteryorkuca wrote: As self employed ei exempted employer, what do you think you would gain by filing record of employment for yourself, other then spending 10mins which you will never get back?
As the owner of an incorporated company acting as a director/officer, one is not legally considered self-employed, but considered a corporate employee.

So there can be benefit in giving yourself an ROE if you need proof of employment for, say, a loan or credit application

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