Scribendi Pay and Taxes
Scribendi Pay and Taxes
It's very important to note that independent contractors are entirely responsible for tracking their earnings, filing their taxes, and remitting all tax payments. Scribendi does not participate in the tax process in relation to independent contractors, and Scribendi does not provide tax information and does not complete any tax forms outside of Canada (T4A) and the US (1099) for contractors. As an independent contractor working for yourself, you are legally responsible for filing taxes and complying with regulations in the place of your residence. In some cases, this will include registering as an independent contractor with other relevant governmental agencies. Please carefully research the requirements in your own country, state, province, etc., and make sure that you are in compliance. Reporting your income is solely your responsibility, and you do not want issues to arise at a later date.
As Scribendi has freelance editors all over the world, tax requirements may vary greatly among editors. We do not know the relevant information and regulations in all areas, and so we cannot provide advice on specific situations. Every independent contractor should understand the requirements in their region and report their income with the relevant tax authorities. You should know the requirements in advance and not wait until it's time to file your taxes.
If you are a Canadian resident and you earn more than $30,000 a year from Canadian sources, you need to register for an HST number. You will collect HST from Scribendi on your monthly pay, and we add it to the total in your log. You, in turn, will report and remit your HST collected minus any Input Tax Credits (ITCs). ITCs would be the HST on anything you purchase for use to earn income. An accountant can tell you about this in more detail. After you register for HST, please let us know your account number for our records, and we will start paying it out to you.
Please remember that, regardless of where you live, you are responsible for paying income taxes to the country in which you live.
Last Updated: 02/05/2024