File your Uber/UberEats driver tax return for just $80 with Uber tax specialist. Limited spots available! Click here to secure yours: https://instaccountant.com/uber-drive...

If you are an Uber, Lyft, Ubereats, ride-share, or any food delivery driver in Canada, you need to file your income tax return every year and claim all eligible deductions. You also have to include Form T2125 with your tax return to show the CRA how you calculated your business income and expenses. In this video, I will answer some common questions about Uber and Lyft taxes in Canada, such as how to report your income, expenses, GST/HST, and more.

Whether you are a full-time or part-time Uber driver, you need to know the tax rules and obligations that apply to you. I will explain them in simple and clear terms, and give you some tips on how to save money on your taxes.

🕒 TIMESTAMP

0:00 Do you drive for Uber
01:44 - How to pay taxes as an Uber driver
09:42 - How to report your Uber income and expenses
14:12 - When do you need to register for HST
20:47 - What can you deduct as an Uber driver
24:14 - How to keep track of your Uber expenses
29:47 - Are credit card statements enough for expenses
31:08 - What is the best app for self-employed expense tracking

This video will help you understand your tax obligations, stay compliant with the CRA, and maximize your tax deductions as an Uber rideshare or food delivery driver in Canada.

Zoombooks is the best expense tracking and bookkeeping app for rideshare and delivery drivers. Whether you work for Uber, Lyft, DoorDash, or any other platform, you can easily manage your finances with Zoombooks. You can scan your receipts, track your expenses, record your tips, and generate reports for tax purposes. Zoombooks helps you save time and money! Download Zoombooks for free today: https://linktr.ee/zoombooks.app

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► Other videos about taxes for rideshare and delivery drivers that might interest you:

Tax Deductions for Rideshare (Uber and Lyft) Drivers    • How to Refile Your Uber Tax Return in...  
Tax Guidelines for Uber Eats Delivery Drivers in Canada    • ACCOUNTANT EXPLAINS: How to File Your...  
Filing HST Return for Uber Eats, DoorDash or Delivery Drivers    • How To File HST For Uber Eats, Skip o...  

If you want to learn more, you can check out these blogs:

✅ Leasing vs Buying a Car for Tax Deductions https://instaccountant.com/canada-fin...
✅ Benefits of Refiling Your Uber Tax Return https://instaccountant.com/rideshare-...

Share this video with fellow Uber, Lyft and other rideshare drivers and help them save money on their taxes too.
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Connect with Murtaza Bhatti for a Free Consultation:

📞 Phone: +1 647-243-2884
📧 Email: [email protected]
🌐 Tax Services: https://instaccountant.com/income-tax...
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About the Publisher:
Hello, I'm Murtaza Bhatti, an expert accountant in Toronto, Canada. I have a lot of experience in helping people with their taxes, especially if they work for Uber, Lyft, UberEats, DoorDash or other rideshare and delivery services. I'm here to share share some useful advice and tips on how to save money and avoid trouble with the Canadian tax system. Don't miss this opportunity to get expert guidance from a Canadian accountant who understands the challenges and opportunities of the gig economy.

Disclaimer:
This video is for educational purposes only and does not constitute financial, investment, tax, or legal advice. Always consult a professional for personalized guidance tailored to your specific circumstances.