Uber Driver Taxes in Canada: What Every Driver Should Know
Driving for Uber offers flexibility, but taxes can be confusing. Uber drivers are considered self-employed, which means taxes work differently from regular employment.
Are Uber Drivers Self-Employed?
Yes. This means:
- You must report all income
- You can deduct business expenses
- You are responsible for your own taxes
What Income Must Uber Drivers Report?
You must report gross income, including:
- Fares
- Tips
- Promotions and bonuses
Not just what is deposited into your bank account.
What Expenses Can Uber Drivers Deduct?
Common deductions include:
- Fuel
- Insurance
- Maintenance and repairs
- Lease or interest
- Phone and data
- Mileage or actual vehicle expenses
Choosing the wrong deduction method can cost you money.
GST/HST for Uber Drivers
Most Uber drivers must register for GST/HST, even if earnings are under $30,000. This is one of the most misunderstood rules in rideshare taxation.
Common Uber Tax Mistakes
- Reporting net instead of gross income
- Forgetting GST/HST obligations
- Poor mileage records
How Wado Tax Helps Uber Drivers
We specialize in rideshare taxes and:
- Review platform summaries
- Optimize deductions
- File CRA-compliant returns
👉 Drive confidently
File with DriveTaxâ„¢ by Wado Tax and stay compliant with CRA.
Contact Wado Tax