Canada to Start Tracking Gig Workers’ Income Under New Tax Rules

Canada will require digital platforms like Uber and DoorDash to disclose their workers’ earnings to tax authorities from 2024, marking a significant change for millions of gig workers under new federal legislation.

The amendment to the Income Tax Act, Bill C-47, sets a January 31 deadline for platforms to report to the Canada Revenue Agency. The requirement applies to workers earning above $2,800 annually who complete more than 30 platform activities.

“It does not change how you should look at your taxes, because the rules for taxpayers did not change,” H&R Block tax expert Yannick Lemay told The Toronto Star. “But it changes how CRA might reconcile your income to find out if you have, indeed, declared all your income.”

Platforms must provide workers with copies of their CRA filings, though disclosure formats may differ between companies. The legislation affects a growing gig workforce, with Statistics Canada reporting more than 800,000 people rely on such work as their primary income.

A survey by H&R Block found that among nine million Canadians in the gig economy, 43% said they would consider risking not declaring all income to reduce their tax burden. Both Uber and DoorDash confirmed they will comply with the new requirements, while Lyft and Skip the Dishes did not respond to requests for comment.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q1 Earnings: A Bang Up Quarter

Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie – Selkirk Copper

Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

Recommended

Altamira Gold Extends Maria Bonita Footprint with 110 Metre Step-Out

Son of Mango Founder Arrested Over Billionaire Father’s Fatal Cliff Fall

Related News

Ekos Poll: Justin Trudeau Losing Support From Canadians Under 50

A new Ekos poll shows that the Liberals are losing ground to the Conservative party,...

Saturday, May 21, 2022, 11:05:00 AM

Quebec Doesn’t Want New York’s Migrants

New York City has been sending a record number of migrants to Canada, sparking concern...

Thursday, February 16, 2023, 06:07:00 AM

Federal Government’s CERB Payments Have Led Increased Consumer Spending

It appears that the Canadian federal government’s stimulus spending has persevered the economy through the...

Friday, June 26, 2020, 05:03:00 PM

CMHC Forecasts Housing Market Will Not Recover Until at Least 2022

The Canadian Mortgage and Housing Corporation (CMHC) has recently released a forecast for the remainder...

Thursday, May 28, 2020, 02:54:00 PM

Canada Sees April’s CPI Climb To 6.8% While Price Of Food Climbs 9.7%

Inflation in Canada continues to climb, with StatCan this morning reporting that the Canadian consumer...

Wednesday, May 18, 2022, 09:27:00 AM