How to File Uber Tax Return in Canada | Tax Tips for Uber & UberEATS Drivers in Canada

[@DanishGhaziCPA]

Self Employed Tax Return Canada - T2125 Step by Step Guide | How to File Income Taxes in Canada kzbin.info/www/bejne/qXu2apqXrqZrqdU

[@MrTylerGaga]

If I used a Segway Max Scooter to do UberEats deliveries, can I claim it as a vehicle and expense the maintenance repair I had done on it? :)

[@adnankhan-dt1qe]

Bro I have a question....mostly uber drivers a registered against the quick method which mean they are not eligible to claim gst and qst of expenses they made....

[@rappy90]

I debated if the fuel/wear and tare on my vehicle was worth doing these side hustles and with the tax deductible costs it almost sounds worth it in itself

[@promzy]

Great video as always boss. Cheers!!

[@DanishGhaziCPA]

Thanks again!

[@user-hb4us7cb8q]

What if you drive for someones else's company in their company vehicle. You collect all fares and remit them every 2 weeks a % percentage of fares for that period. They pay all vehicle maintenance but driver required to pay 100% of fuel each shift but km's not calculated since all fuel is designated for usage that shift by each driver. How is this accounted for on T2125 or is another option needed.

[@HENRYROLLINSRULES]

Hi there, I see that you mentioned a lease fir your car is deductible at tax time, but what about a regular monthly car loan payment??

[@ishmeet123456]

Do we have to file an HST return as well as a tax return are these 2 separately filed. ?

[@ardnyk22]

Hi, me and my partner have two ubereats accounts and we are using one car only - sometimes he do the deliveries and sometimes i do. How do we file the taxes in situation like this?

[@anishjariwala5355]

Thanks for the video. in the last point you talked about HST/GST for Uber/Lyft drivers. how do you file those with your annual taxes? is it in T2125? please advise. Thanks

[@DanishGhaziCPA]

Most Uber drivers who are required to file HST returns can file them annually. However, if your annual billings are high, you may have to file quarterly or monthly. You can file your HST return online, by mail, or by phone. You can also claim some deductible expenses that relate to your Uber driving activity, such as mileage, accessories, insurance, etc. To file your HST return correctly and avoid penalties, you should consult the CRA website or a tax professional.

[@girmawoldemariam7107]

I like the way you are explaining

[@jasontheRiser]

if you dont have a picture of your odo meter can you just put an estimate based on the mileage given on the courier mileage counter..Wether uber/skipdishes etc. It shows on the tax summary the mileage i guess that is more an accurate milleage counter per month

[@jaymania82]

I want to say thank you, this video explains it all and takes a the stresses of not knowing off my back. Also if i own my car but doing payments can i also claim that as well?

[@DanishGhaziCPA]

Hi, you're very welcome. I'm glad this video helped you understand how to file your self-employed tax return in Canada. 😊 As for your question, you may be able to claim some of your car expenses as a tax deduction if you use your car for business purposes. However, there are some conditions and limitations that apply. For example, you can only deduct the percentage of expenses that relates to earning business income, and you need to keep a record of both the total kilometres you drove and the kilometres you drove for business. You can also deduct eligible interest on a loan used to buy the car, but not the principal payments. For more information, you can check out the CRA website or consult a tax professional. I hope this helps. 🙏 If you enjoyed this video, please share it with your friends and family who are self-employed or run a small business. You can also subscribe to my channel and hit the bell icon to get notified of my new videos. I post regularly about personal finance, investing, taxes, and more. 😊

[@KT2Bruce]

Thx for the video, I watched the T2125 step by step & this video but still wondering do I need to use separated form to report the skip the dish & door dash income, hope I can get answer here

[@zaboobebop]

You would need to file a separate T2125 for each form of self employment, so that means Uber eats would be different from Skip, to my knowledge

[@jeanclaudenzisabira3138]

i have the same question. what did you end up doing? thanks!

[@instaccountant]

You can use one T2125 for both incomes.

[@MrCanada1]

I'm confused is there is two different files i have to file, 1- file taxes 2 - pay gst/hst?

[@TolgaDag-nk5wg]

I have been driving Uberx for 5 months and completely forgot to register for hst and gst account with cra. Is it too late to register now? Will I be penalized ?

[@richardjankiewicz6253]

Can you print Form T2125 out of this T2125 Statement of Professional and Business Activities Income / Expense Tracker ?

[@kartik-nain]

I received referral bonus of 500$ by referring a friend. Do i need to include it in the total earnings?

[@nazarboichuk883]

the best expanation ever, bravo and thank you!!!

[@CHAUHAN_ALBERTA_CA]

my question is uber eats ,if we make 30k+ including tips or before tips?if its 37k with 9k tips then also gst/hst required?

[@daisyy4446]

Hi, thanks for sharing. Does 2022 Uber Tax Summary includes the promotion (Boost and Quest) earnings? Thank you!

[@user-tc3kg3nm3k]

Did you figure out with it?

[@JDDevice]

Yes. It's income. Whatever earnings, no matter how, as long as it's reported by Uber that they paid you, it's being tracked, which means you have to file it.

[@786theresonly1GOD]

Thank u so much for the info

[@DanishGhaziCPA]

You're very welcome friend!

[@girmawoldemariam7107]

Do you have the full tax preparation guid for Uber / Lyft to guid me I can see it is very interesting explanations

[@gauravkohli8455]

Hi, I’m confused with (Tax summary for the period 2022) Can you help me to understand that how much GST and Income tax I have to pay after claiming the expenses? I can send you the figures.

[@addcapture]

Yup, in the same boat. Wish we could find answers, however sadly only general answers are given all the time :/

[@LexxLazerman]

@DanishGhaziCPA I downloaded your Income / Expense Tracker. Very nice Excel file. I was hoping it would be geared toward Uber drivers but it's a generic file. Do you have a video that show how to use this file for Uber drivers? Thanks.

[@DanishGhaziCPA]

Thanks for your support 🙏🏼 Send me an email 📨 and I can help from there

[@paulpoco22]

Doesn't the uber(eats) app charge the GST/HST/PST?

[@awaisaltaf8876]

Excellent video, very helpful. Can you please confirm which excel sheet tracks everything in detail? Please share link, i wanna purchase.

[@TheRoxas13th]

The link is in the description

[@najeemnaime452]

On the UberEat annual form; there is an HST/GST number. But I don’t recall requesting one from CRA. I only worked for a good 2-3 months in 2022. Do I need to call CRA and request an HST/GST number

[@DanishGhaziCPA]

You may need to register for HST as an Uber Eats driver if you earn more than $30,000 in a calendar year. You also need to share your HST number with Uber within 30 days of your first trip.

[@MT-us2ln]

Do delivery drivers pay G.S.T/H.S.T if they use bicycles?

[@nazraeisi7758]

@@DanishGhaziCPA so this means even if you worked for less than $1000 you need to call to register for Hst from CRA? Sorry Im confused

[@ilkayyldz2909]

@@DanishGhaziCPA what if we did not earn more than $30,000? How can we continue?

[@readtousauntiecharlene9748]

I did UberEats as a walker. What can I claim? I don't have vehicle expenses. Uber did keep track of my mileage. But I didn't use a bike or a car.

[@DanishGhaziCPA]

Great question, feel free to reach out on the matter here: asqme.com/@DanishGhaziCPA

[@Motiahmed330]

If I have a corporation, can Uber pay my corporation instead of paying me as self employed

[@paulkouassi1320]

Hi Danish, do you anyone or an accountant in Ottawa who can help me with my taxes?

[@noecalix8933]

Do you have are lyft and uber referral number?

[@dewdrops9977]

I'm confused about the GST/HST. I get it that I have to register for a number. But how do I collect it on the fare? Is it already included in the fare? And how to calculate it? Is it gross fare times 15%?

[@DanishGhaziCPA]

Great question! Here’s a brief overview to help you get started: Registration: First, ensure you have registered for a GST/HST number. Collection: GST/HST is usually included in the fare. For example, if you’re in a province with a 15% HST rate, the fare already includes this tax. Calculation: To determine the GST/HST portion, you can use the formula: Total Fare x (Tax Rate / (100 + Tax Rate)). For a 15% HST, it would be Total Fare x (15 / 115). For a more detailed explanation and personalized advice, check out my service -> asqme.com/@DanishGhaziCPA

[@JagdeepSingh-zm4hz]

If I filed both personal and business tax return through wealthsimple then does it filed automatically for business account or do I have to filed tax separately from business account via CRA website? Hope to hear from you soon

[@DanishGhaziCPA]

Great question, feel free to reach out on the matter here: asqme.com/@DanishGhaziCPA

[@dramritgill6793]

Do I need to keep every fuel and oil change receipt ?

[@pauluntilov]

Yes, better to keep

[@rachelrose9915]

I’m sorry, this might be a very stupid question. But I’d really appreciate an answer. After registration of my HST/GST account and applying that information on to Uber.. will HST be deducted from pay? or is it just an account to be able to pay your owing HST/GST from your earnings on Uber once tax time comes around? Thank you, your video was very informative.

[@DanishGhaziCPA]

If you're still looking for help, feel free to reach out over here: asqme.com/@DanishGhaziCPA

[@tamaras.9639]

A TurboTax expert recently told me that you can't claim CCA on your vehicle if you're not in a profit. I did my partner's taxes and because he bought a new vehicle last year, it put him at a loss on his Uber income. Isn't that normal? The other tax experts said it was fine.

[@TheRoxas13th]

What does the CCA stands for?

[@JDDevice]

​@TheRoxas13th You gotta watch the whole video brother. Capital Cost Allowance.

[@JDDevice]

So if your partner was at a loss, he or she should've received a refund. Did you find the TurboTax expert input useful?

[@niblue629]

Does turbo tax do it for free?

[@4744npvd]

Can you use standard mileage calculation in canada????

[@DanishGhaziCPA]

Great question, feel free to reach out on the matter here: asqme.com/@DanishGhaziCPA

[@Lisagkitty]

BRA enough with do I need to paying tax?, I am here to learn how to file not to learn whether I need to pay taxes or not.

[@ManipulateHavoc]

Same. Even though, paying taxes and filing a tax report are related concepts, I just want to know whether I even have to bother filing a tax report - that’s all. Or at least let me know where I can find out.

[@Lisagkitty]

@@ManipulateHavoc yes you do. Anyone with any type of income has to file a tax return. Drivers fall under the self employed category which can be challenging to file. This year I used an accountant.

[@MAWKUS]

@@Lisagkittyand what if you don’t?

[@Lisagkitty]

@@MAWKUS Then the CRA comes after you and you get charged with tax evasion.

[@MAWKUS]

@@Lisagkitty I see. Thanks

[@engshafi]

Are you doing tax filing as well? If yes how can i reach you? Thanks

[@DanishGhaziCPA]

Hi, you can contact me via email at [e-mail]

[@jaxson4950]

Be specific and make it less next time

[@emraharslanoglu23]

I don’t have my sin number how to claim my tax return ??

[@DanishGhaziCPA]

If you don’t have your Social Insurance Number (SIN), don’t worry! You can still proceed with filing your tax return. Here’s what you can do: Individual Tax Number (ITN): If you’re not eligible for a SIN, you can apply for an Individual Tax Number (ITN). The ITN serves as an alternative identification number for tax purposes. Use the ITN when filing your taxes instead of a SIN. File Without Your SIN or ITN: If you’ve requested but haven’t received your SIN or ITN yet, you can still file your return without it. Filing without your SIN or ITN will help you avoid any late-filing penalties and interest charges.

[@calebsaheb3159]

please change ur title of the video to tips and tricks needed to file

[@sunnyvlog8001]

My car is finance plz give me some info regarding finance car tax claim

[@DanishGhaziCPA]

Great question, feel free to reach out on the matter here: asqme.com/@DanishGhaziCPA

[@MT-us2ln]

Are you doing taxes in the gta?

[@DanishGhaziCPA]

Great question, feel free to reach out on the matter here: asqme.com/@DanishGhaziCPA

[@engshafi]

Great videos. But u can find no way to reach this guy for any business😏

[@DanishGhaziCPA]

feel free to reach out on the matter here: asqme.com/@DanishGhaziCPA

[@Starw90]

This is not how to video. Waste of time

[@noorullahhakemi8369]

please stop your bla bla, the entire video you are talking and talking. That is not a proper way to teach others, go and open app and open a Uber income sheet and process step by step. no body can understand from you lecture.

[@Vision267]

Independent contractor. No withholding text. T2125