Uber GST/HST Registration Guide for Rideshare and Delivery Drivers
As an Uber driver in Canada, understanding the rules surrounding GST/HST registration can be one of the most confusing aspects of managing your taxes. Whether you’re a rideshare driver providing Uber services or delivering meals through Uber Eats (DoorDash, Instacart), the Canada Revenue Agency (CRA) has specific rules that you need to follow. Let’s break […]
CRA Penalties and Interest: Avoid Late Filing, Incorrect Returns & Costly Mistakes
Since the 2025 tax filing season begins on February 24, it is important to note Canada Revenue Agency (CRA) penalties and interest charges that self-employed professionals, freelancers, and contractors may incur. These CRA penalties are designed to encourage compliance with tax laws, but can be costly if ignored. Whether you are filing your taxes on […]
How to Get a Non-Resident GST/HST Business Number for Uber Drivers
As a non-resident in Canada, it is easy to be overwhelmed by the taxation system, especially when you are a business neophyte, an independent contractor working in the gig economy, or driving for ride-sharing services such as Uber and Lyft. One such pitfall that Canadian non-residents are behind is GST/HST (Goods and Services Tax/Harmonized Sales […]
How to File 2024 Taxes as an International Student in Canada
Navigating taxes as an international student in Canada can seem intimidating, but understanding your responsibilities and following the right steps can make the process much easier. Whether you’re in Canada on a study permit or working part-time, filing your taxes correctly is essential for maintaining your legal status, avoiding CRA penalties, and potentially accessing benefits […]
Understanding Your 2024 Uber Tax Summary in Canada
As an Uber driver in Canada, understanding your tax obligations is crucial for maximizing your earnings and ensuring compliance with tax laws. The 2024 Uber Tax Summary can be complex, especially for newcomers to the Uber rideshare or food delivery business. This guide will break down the key components of your Uber Tax Summary, explain […]
Why Every Canadian Taxpayer Needs a CRA My Account in 2025
Being a Canadian taxpayer, freelancer, or entrepreneur, holding a CRA account is not only a matter of course – it’s the key to effective tax management and financial transparency. Imagine it as your own web-based gateway to all tax-related things, with easy access and management of your tax information and transactions with the Canada Revenue […]
Why International Students in Canada Should File Taxes in 2025
Studying in Canada is not just an academic journey; it’s an exciting adventure filled with new experiences, friendships, and opportunities for personal growth. However, amidst all the books, campus life, and social events, there’s one crucial aspect of student life that many international students tend to overlook: taxes. You might assume that since you’re earning […]
RRSP Withdrawals at Retirement: Should You Delay or Not
The Registered Retirement Savings Plan (RRSP) is one of the cornerstones of retirement planning in Canada, offering a variety of benefits that include tax-deferred savings and tax relief in the first place. There is one benefit of RRSPs that seems to confuse most retirees, though – when to withdraw, especially considering that withdrawals from an […]
Tax Tips for Uber Eats and DoorDash Delivery Drivers in Canada
Being a delivery driver in Canada offers flexibility and the opportunity to earn income on your terms. Whether you’re delivering meals with Uber Eats, groceries with Instacart, or takeout with SkipTheDishes, it’s crucial to understand your tax obligations. Being a self-employed or an independent contractor means your tax situation is slightly different. In this guide, we’ll […]
What the 2025 Capital Gains Tax Changes Mean for Canadian Taxpayers
Taxes can be tricky, and things are about to get even more complicated for Canadians. If you’ve been following the news, you’ve probably heard about the capital gains tax changes before. The federal government is also making changes to the tax system that will affect individuals, corporations, and trusts. Whether you’re a investor, a business […]