Tax Tips for Food Delivery Drivers and Rideshare Drivers in Canada
Whether you’re driving for Uber or delivering food with Uber Eats, your role as a self-employed contractor requires careful tax planning. Driving and delivering for platforms like these offers flexibility and independence, but it also comes with unique tax obligations. Here's an in-depth guide tailored to food delivery drivers and rideshare drivers in Canada.
1. Self-Employment Taxes for Food Delivery Drivers
As a food delivery driver or rideshare driver, you’re considered self-employed. This means you are responsible for:
Reporting all income, including trip fares, delivery fees, and tips.
Using Form T2125: Statement of Business or Professional Activities to detail your income and deductible expenses.
Pro Tip: Keep Uber's annual earnings summary handy to streamline reporting.
Key Differences for Food Delivery Drivers
If you deliver food via bike or on foot, your tax deductions may differ from those driving a vehicle. For example, bike main
