Tax Filing for Uber, Lyft & Self-Employed Workers
Maximize your deductions on gas, mileage, and maintenance. We handle your T2125 forms and GST/HST filing so you can keep driving worry-free.
Do You Need to Register for GST/HST?
Understanding the “Small Supplier” rule.
Earnings Under $30,000
Status: Optional Registration
You are considered a “Small Supplier”. You don’t have to charge GST/HST.
Pro Tip: Why register anyway? To claim “Input Tax Credits” and get the GST back on your gas and car expenses.
Earnings Over $30,000
Status: Mandatory Registration
You must register for a GST/HST number immediately once you cross this threshold over 4 quarters.
Warning: Failing to register can lead to penalties and back-taxes. We can help you register today.
We Deduct Every Eligible Expense
Gas & Fuel: 100% of business mileage
Vehicle Costs: Repairs, oil changes, tires, and insurance
Phone Bill: Data portion used for Uber/Lyft apps
Fees & Amenities: Parking, Spotify (for passengers), and cleaning
Side Hustle
Ideal for: Income under $30k (No GST)
- Personal Tax Return (T1)
- Business Income Form (T2125)
- Standard Deductions (Gas, Phone)
- No GST Filing needed
Full-Time Pro
Ideal for: Income over $30k (GST Required)
Everything in Side Hustle, plus:
- GST/HST Return Filing (Complete)
- Input Tax Credits Optimization
- Digital Mileage Log Review
- Audit Support for T2125
Multi-Year Catch-Up
Ideal for: Behind on taxes
- Filing for previous years (2021-2023)
- Penalty Relief Requests
- CRA Negotiation
- Getting you back in good standing
Q: Can I deduct my car payments?
A: You can deduct the interest on your car loan, but not the principal payments. If you lease, a portion of the lease payment is deductible based on business mileage.
Q: What if I didn't keep a logbook?
A: It’s harder, but we can help you reconstruct a mileage estimate using your Uber/Lyft annual summaries and repair records to satisfy the CRA.
Q: Do I pay GST out of my pocket?
A: No. Uber/Lyft collects GST from passengers for you. You just hold it. We use your “Input Tax Credits” (GST paid on gas) to lower what you owe to the CRA.
