Claiming the Canadian Disability Tax Credit (DTC): Eligibility & Benefits
Living with a physical or mental impairment can incur significant extra costs. The Canadian government recognizes these challenges and offers the Disability Tax Credit (DTC) to provide some financial relief. Understanding the Disability Tax Credit and its eligibility criteria is crucial for individuals with physical or mental impairments, as well as their supporting family members. […]
A Guide to Uber Rideshare & Food Delivery Driver Taxes & HST (2024)
If you’re working as a rideshare driver for Uber, Lyft, Uride, or doing food delivery through platforms like Uber Eats, DoorDash, or SkipTheDishes, it’s essential to navigate the world of Canadian taxes. In this blog, we’ll provide you with all the information you need to ensure you handle your taxes correctly as an Uber rideshare […]
How to Claim Child Care Expenses on Your Canadian Tax Return
Navigating the world of tax deductions can be daunting, but as a parent in Canada, understanding how to claim child care expenses can significantly impact your tax return. In this comprehensive guide, we’ll delve into the ins and outs of claiming child care expenses, including what qualifies, how to maximize deductions, and important considerations for […]
Understanding 2023 Uber Tax Summary for Canadian Drivers
Tax season can be overwhelming, especially when it comes to understanding your Uber Tax Summary as a Canadian driver. But fear not! This guide will break down your Uber Tax Summary step-by-step, so you can understand everything it tells you. Plus, we’ll explain how to make sense of your earnings and deductions, so you can […]
2024 GST/HST Credit Payments and Guidelines in Canada
Taxes can be confusing, especially when it comes to understanding the benefits you’re entitled to. But here’s some good news! The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is one benefit that can put some extra money in your pocket. It’s a tax-free payment that the Canada Revenue Agency (CRA) gives to people with […]
Understanding CRA Audits as an Uber Driver in Canada: Key Triggers and Preparation
CRA audits can be a major source of stress for Canadian taxpayers, including Uber rideshare drivers. However, with proper preparation and understanding, you can handle them confidently. Knowing the common audit triggers, preparing your documentation, understanding the CRA audit process, and knowing how to act afterward can significantly ease the process. Common CRA Audits Triggers […]
How to Register and File HST for Uber (Rideshare) Drivers Canada
If you’re an Uber driver in Canada, handling HST (Harmonized Sales Tax) for your income is a big responsibility, but we’re here to help you understand it. HST is a mix of federal GST (Goods and Services Tax) and provincial sales tax, and it applies to most things you buy and sell. This guide is […]
The Reasons Behind Toronto Uber Drivers Strike
Uber, Lyft, DoorDash and other food delivery drivers in Toronto, Vancouver and across Canada joined a global strike on February 14, 2024, to demand fair wage and better working conditions. The strike was organized by RideFairTO, a group that represents drivers’ interests. They claim that Uber drivers in Toronto earn only $6.37 per hour after […]
Your Guide to Claiming Moving Expenses Deduction in Canada
Moving to a new place can be exciting, but also expensive. Fortunately, you might be able to save some money on your taxes by deducting your moving expenses. This is a great way to reduce your taxable income and get a bigger refund. However, not everyone qualifies for moving expenses deduction, so you need to […]
A Guide to Filing Instacart Delivery Driver Taxes in Canada
In today’s fast-paced world, convenience is key, and Instacart has emerged as a game-changer in the grocery delivery industry. With its user-friendly platform and efficient services, it’s no wonder that more and more people are opting for the convenience of having their groceries delivered right to their doorstep with Instacart. But before you sign up, […]