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Self-Employed Taxes in Canada

nuno@n9o.xyz (Last Minute Notes) — Sun, 05 Apr 2026 00:00:00 +0000

This guide reflects the rules for the tax year ending December 31, 2025.
It applies to individuals filing their 2025 tax return in 2026.

If you earn income from freelancing, contracting, gig work, or running your own business, the CRA considers you self-employed. Filing taxes as a self-employed individual is different from filing as an employee, and this guide walks you through everything you need to know for the 2025 tax year.

Self-Employment Tax Deductions in Canada

nuno@n9o.xyz (Last Minute Notes) — Sun, 05 Apr 2026 00:00:00 +0000

Content coming soon.

Self-Employment Expenses in Canada

nuno@n9o.xyz (Last Minute Notes) — Sun, 05 Apr 2026 00:00:00 +0000

This guide reflects the rules for the tax year ending December 31, 2025.
It applies to individuals filing their 2025 tax return in 2026.

Self-employed Canadians can deduct a wide range of business expenses to reduce their taxable income. Understanding which expenses are eligible — and how to calculate them correctly — is essential for accurate reporting on Form T2125.

CPP Contributions for Self-Employed Canadians

nuno@n9o.xyz (Last Minute Notes) — Sun, 05 Apr 2026 00:00:00 +0000

This guide reflects the rules for the tax year ending December 31, 2025.
It applies to individuals filing their 2025 tax return in 2026.

If you are self-employed in Canada, you must pay both the employer and employee portions of the Canada Pension Plan (CPP). This guide explains how CPP works, how much you must contribute, and how to calculate your CPP amount for the 2025 tax year.

Capital Cost Allowance (CCA) for Self-Employed Canadians

nuno@n9o.xyz (Last Minute Notes) — Sun, 05 Apr 2026 00:00:00 +0000

This guide reflects the rules for the tax year ending December 31, 2025.
It applies to individuals filing their 2025 tax return in 2026.

Capital Cost Allowance (CCA) allows self-employed Canadians to deduct the cost of business assets over time. Instead of deducting the full cost in the year of purchase, you claim a percentage each year based on CRA’s CCA classes.

How to Fill Out Form T2125 (Step-by-Step)

nuno@n9o.xyz (Last Minute Notes) — Sun, 05 Apr 2026 00:00:00 +0000

This guide reflects the rules for the tax year ending December 31, 2025.
It applies to individuals filing their 2025 tax return in 2026.

Form T2125 — Statement of Business or Professional Activities is the core tax form for self-employed Canadians. It reports your business income, expenses, home office deductions, vehicle expenses, and Capital Cost Allowance (CCA). This guide walks you through the entire form, line by line.

Business Use of Home for Self-Employed Canadians (Deep Dive)

nuno@n9o.xyz (Last Minute Notes) — Sun, 05 Apr 2026 00:00:00 +0000

This guide reflects the rules for the tax year ending December 31, 2025.
It applies to individuals filing their 2025 tax return in 2026.

If you are self-employed and work from home, you may be eligible to deduct a portion of your home expenses. This deduction — known as business-use-of-home expenses — can significantly reduce your taxable income. This deep-dive guide explains eligibility, calculation methods, allowable expenses, and CRA rules for the 2025 tax year.

Business Use of Vehicle for Self-Employed Canadians (Deep Dive)

nuno@n9o.xyz (Last Minute Notes) — Sun, 05 Apr 2026 00:00:00 +0000

This guide reflects the rules for the tax year ending December 31, 2025.
It applies to individuals filing their 2025 tax return in 2026.

If you use your vehicle for business, you may be eligible to deduct a portion of your vehicle expenses. This deep-dive guide explains how to calculate business-use percentage, what expenses are eligible, how to maintain a CRA-compliant mileage log, and how to claim Capital Cost Allowance (CCA) on your vehicle.