Track total and business kilometres
Record your vehicle’s opening and closing odometer readings and keep a log showing business trips, dates, destinations and purpose. Total annual kilometres help calculate the business-use percentage. A platform’s trip estimate may not capture every relevant business trip or personal kilometre.
Keep income and fee statements
Download annual and periodic statements from every platform. Reconcile fares, delivery earnings, tips, bonuses and platform fees. Bank deposits often reflect net amounts, while tax reporting may require the income and fees to be considered separately.
Support vehicle costs with records
Retain fuel, insurance, repair and other eligible vehicle invoices. The deductible amount depends on business use and applicable limits. Purchasing a vehicle is not usually treated the same way as an ordinary operating expense; asset treatment needs review.
Check GST/HST for your actual activities
Commercial ridesharing generally has specific mandatory GST/HST registration rules. Delivery-only work may be subject to the small-supplier rules instead. If you do both, review how the activities interact. TaxRush can scope your personal return, business schedule and any GST/HST work separately.
Frequently asked question
Can I deduct all my vehicle costs because I drive for work?
No. Personal use must be separated and applicable tax rules and limits considered. A complete mileage log supports the business-use calculation.
Put the next step into practice.
Learn how TaxRush can support your situation, and request a written quote for the work you need.
Explore related serviceThis guide is general information, not personalized tax or legal advice. Rules and administrative policies can change. Review current guidance at Canada Revenue Agency and get advice for your circumstances.