You're self-employed
CRA treats Uber and Lyft drivers as sole proprietors. You file a T2125 with your T1 return. Filing deadline is June 15, but any balance is due April 30.
Canadian rideshare drivers · 2026 rates
Find out what your side hustle
actually pays — after taxes.
Built for Uber and Lyft drivers across all 10 provinces and 3 territories. Plugs in real GST/HST rules, CRA mileage rates, and your car's actual cost per kilometre. Exports a business plan you can hand to your accountant.
The numbers
Your numbers
Net annual profit (after tax)
—
—
Gross revenue / year
—
Total expenses / year
—
Net business income
—
Income tax + CPP
—
GST / HST owing (net of ITCs)
—
Show full breakdown
The 60-second tax guide
GST/HST from dollar one
Rideshare is "taxi service" under the Excise Tax Act. You must register for a GST/HST number before your first ride — the $30,000 small-supplier exemption doesn't apply.
Mileage method or actual?
Most drivers come out ahead with the actual-cost method (gas + insurance + maintenance + lease/CCA, prorated by business-use %). Keep a log. CRA's prescribed rate for 2026 is 73¢/km for the first 5,000 km, 67¢ after.
CPP doubles up
On self-employment income you pay both halves of CPP — roughly 11.9% on net business income above $3,500, capped at the YMPE. We've baked this into the estimate.
This calculator is an educational estimate, not tax advice. Talk to a CPA before filing.
FAQ
Why does my hourly rate seem so low?
Because the gross figure Uber shows you ignores fuel, depreciation, insurance, your car payment, GST/HST owing, CPP, and income tax. This calculator strips all of it out so you can see what actually lands in your bank account.
Are these tax rates current?
Federal and provincial brackets, GST/HST rates (including Nova Scotia's April 2025 drop to 14%), and CRA's 2026 mileage rates are all current as of early 2026. Provinces tweak brackets every year — we'll keep this updated.
Can I trust the car payment estimate?
It's a standard amortization on the MSRP plus average sales tax, with the APR you enter. Your real number depends on your credit score, down payment, and dealer fees. Treat it as a sanity check.
Is this just for Canada?
Yes — this version is built around Canadian tax rules. A US version is on the roadmap.