f your corporation looks a lot like a job with a fee attached — CRA might classify it as a Personal Services Business, one of the most expensive classifications a corporation can receive.

In this episode, I walk through what a PSB is, the factors CRA actually weighs, and practical ways to reduce your risk.

What we cover:

• What a Personal Services Business (PSB) is and why it matters
• The consequences of being classified as a PSB
• The main factors CRA considers: control, clients, independence, financial risk
• Real examples: a clear PSB case and a clear independent business
• Grey areas CRA weighs: revenue concentration, on-site work, the option to subcontract
• What happens if you work through an agency
• Practical ways to reduce your risk

Every PSB situation depends on the s ...