SELF-EMPLOYED TAX RETURNS · TORONTO & ACROSS CANADA
Tax Returns for Freelancers and Self-Employed Professionals
Whether you work as a freelancer, contractor or sole proprietor in Ontario, we help you organize business income and expenses and prepare your T1 return with the T2125 statement. We serve clients remotely across Canada in English, Portuguese and Spanish.
Business Expenses & Tax Deductions in Canada
Self-employed individuals and corporations in Toronto, Ontario and across Canada may be able to deduct reasonable expenses incurred to earn business income, such as home office costs, vehicle use, supplies, professional fees and software. Keeping organized records and receipts is essential to support every claim with the CRA.
We review your expenses, help separate personal and business costs, and prepare your return based on your specific situation. Our team serves clients remotely across Canada in English, Portuguese and Spanish. Each case is different, so eligibility for any deduction depends on your circumstances.
Self-Employed Tax Returns: FAQ
Common questions from freelancers and sole proprietors in Toronto, Ontario and across Canada. We serve clients remotely in English, Portuguese and Spanish.
Who needs to file a self-employed tax return in Canada?
If you earn business, freelance or commission income as a sole proprietor, you generally report it on your T1 personal return using form T2125, Statement of Business or Professional Activities.
What is the filing deadline for self-employed individuals?
Self-employed individuals usually have until June 15 to file, but any balance owing is generally due by April 30. Check the CRA website for the current year's dates.
Which business expenses can I deduct?
Reasonable expenses incurred to earn business income may be deductible, such as supplies, software, a portion of home office or vehicle costs, and professional fees. Keeping organized records is essential.
Do I need to register for GST/HST?
Registration is generally required once your taxable revenue exceeds $30,000 over four consecutive calendar quarters. See our GST/HST Registration & Filing service.
Can you help me remotely if I live outside Toronto?
Yes. We work with clients remotely across Canada in English, Portuguese and Spanish. Related services include Bookkeeping, Business Registration and GST/HST filing.