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
Entrepreneurship & Small Business
Incorporated, do I need to file ROE for myself?
- Last Updated:
- May 1st, 2020 11:14 am
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- SCORE
- xuanzh [OP]
- Deal Addict
- Oct 28, 2015
- 2013 posts
- 1170 upvotes
- Vaughan, ON
2 replies
- peteryorkuca
- 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?
- tjharyett
- Newbie
- Aug 13, 2021
- 1 posts
As the owner of an incorporated company acting as a director/officer, one is not legally considered self-employed, but considered a corporate employee.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?
So there can be benefit in giving yourself an ROE if you need proof of employment for, say, a loan or credit application