employee vs. independent contractor

[gimletme]

Hi there, I've been searching the forums but haven't quite found the answer I am looking for. I have just been hired for a part time job and have the option of being paid as an employee or as an independent contractor. As an employee I would be given health insurance and MPF. Since I get insurance through my husband, that part isn't so important. I guess my question is, what sort of expenses can I write off as a sole proprietor? I imagine part of my rent and utilities, since I will be working from home, at least part of the time. If I buy a new laptop, can I deduct that? Also, does it make sense for me to calculate that I need to have at least $12,000 dollars in expenses as a sole proprietor to make up for the MPF that I wouldn't receive as an employee?

Any guidance would be greatly appreciated.

[PDLM]

As a Sole Proprietor you should, strictly, pay into MPF for yourself, but as far as I'm aware no-one insists on this.

You can claim anything that could reasonably be regarded as a business expense. A new laptop certainly if the work is computer-based; a reasonable proportion of your rent and utilities, some of your phone bill (including all the fixed monthly plan, and any business-specific international calls), you internet connection (but not your NOWTV). Also Business Registration and any other associated fees; any insurance that you might need for the business. Plus, if you can justify it, some travelling expenses, and some client entertainment. And there are probably a few other things I forgot.

[gimletme]

Thanks, PDLM, I appreciate your input.