A-25, r. 7 - Regulation respecting the determination of income and employment and the payment of the indemnity in section 83.30 of the Act

Section 2 Disposition versions

2012-09-01

2. The gross income that a self-employed worker earns from employment is determined by taking the highest of the following amounts:

(1)  the business income realized over the 12 months preceding the date of the accident;

(2)  the business income realized during the last complete fiscal year preceding the date of the accident;

(3)  the average of business income received during the last 3 complete fiscal years preceding the date of the accident, or, if he has been operating the business for less than 3 years, during the last 2 years preceding the date of the accident.

Business income is composed of the total income, fees and commissions that a self-employed worker customarily receives, minus expenses but excluding the portion of depreciation costs of business-related equipment.

The income, fees, commissions and expenses referred to in the second paragraph are those allowable under the taxation legislation applicable to the self-employed.

O.C. 1923-89, s. 2.