![Independent Contractor](https://img-cdn.financeunlocked.com/headers-images/euromoney/3.jpg?ik-sdk-version=javascript-1.0.3)
Glossary
Technical Foundations
Independent Contractor
Individuals carrying out work funded by third parties where third-party recipients or beneficiaries of the work have no control or legal right to dictate the terms under which the work is carried out will generally be treated as self-employed independent contractors rather than employees for the purposes of income tax and other aspects of their work life.