Tax Genius · Canada
Self-Employed & Contractor Tax
Tax support for sole proprietors, contractors, gig workers and professionals reporting business income in Canada.
Information reviewed against referenced sources:
Frequently asked questions
Do contractors use T2125?
CRA Form T2125 is used to report business/professional income and expenses in common sole-proprietor situations. The supporting review uses income invoices/platform statements, expense receipts, and vehicle/home-office records where relevant and follows Describe the tax situation and objective, Share the relevant facts and documents, and Tax Genius reviews the applicable rules and scope.
Which expenses need evidence?
Self-Employed & Contractor Tax normally starts with expense receipts, vehicle/home-office records where relevant, and GST/HST records if registered. CRA Form T2125 is used to report business/professional income and expenses in common sole-proprietor situations.
When does GST/HST registration become relevant?
GST/HST registration may become relevant based on taxable supplies/small-supplier rules and exceptions. The review starts with T2125 preparation and GST/HST screening. Confirm the applicable period and current primary-authority rule cited on this page before acting.
How does CPP work for self-employed people?
The Self-Employed & Contractor Tax workflow is handled in sequence: Receive a structured filing, compliance or response plan, Proceed with the agreed support and next steps, and Describe the tax situation and objective. CPP and instalment obligations can apply; values/rates are date-sensitive.
Do self-employed taxpayers make instalments?
For Self-Employed & Contractor Tax, start with instalment/CPP planning support. The supporting review uses prior return/NOA, instalment payments, and income invoices/platform statements and follows Proceed with the agreed support and next steps, Describe the tax situation and objective, and Share the relevant facts and documents.