A person who owns at least 25% of the entity for which generates income for that person.
Working owners of an incorporated business, farm or professional practice, or working owners of an unincorporated business, farm or professional practice. The latter group also includes self-employed workers who do not own a business (such as babysitters and newspaper carriers). Self-employed workers are further subdivided by those with or without paid help. Also included among the self-employed are unpaid family workers. They are persons who work without pay on a farm or in a business or professional practice owned and operated by another family member living in the same dwelling. They represented about 1% of the self-employed in 2003.
Self-employment is when an individual works contractually on their own to provide a product or service. It means that the individual does not have an organization or another person acting as an employer.
Self-employment is lawful active involvement in the management and operating of a business in New Zealand which the principle applicant has established or purchased, or in which the principle applicant has made a substantial investment.
The operation of your own business.
In law, the key tests as to whether a person is an employee or an independent contractor include whether the services are carried out by a person on his own account, and the degree of control over the performance of the job.
Someone who is self-employed works for himself/herself instead of as an employee of another person or organization, drawing income from a trade or business.