Self-employed Personal Tax

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Taxpayers having self-employed income including ridesharing (UBER/Lyft driving) and food delivery (UBER/Lyft/Skip/DoorDash), have extended deadline until June 30 to submit their personal income tax return. CRA received information about taxpayer’s self-employed income from vendors/UBER/Lyft/Skip/DoorDash through T4A and other reporting systems which shows the paid amount to independent contractors including HST. Later on, Canada Revenue Agency (CRA) matches taxpayer’s reported income with vendors/Uber/Lyft/Skip/DoorDash reported income. If any discrepancy comes up, CRA come forward for an audit and asked for providing related documents like invoices & expense vouchers. To submit accurate tax returns, our experienced team make sure to claim all related deductions, i.e., meal & entertainment costs, equipment and vehicle depreciation, fuel, vehicle repair & maintenance and many more. Moreover, our team is always with taxpayers if they are being audited by CRA.