Like other self-employed taxpayers, Uber, Lift, Rideshare and Taxi Drivers have a challenge in their tax filing. They must file the form T2125 and claim auto expenses. This checklist will make life easier for you when preparing the information for your tax return. For more information contact us.
General Information
Copy of your previous tax return if you are a new client with us GST/HST number Business address Uber/Lift Slip
Gross Business Income
Your total gross income from the business (net of GST/HST)
Business Expenses (net of GST/HST)
Purchase of materials Advertisement Meal and entertainment Bad debts Insurance (for the business not for your car) Interest Business tax, fees, licenses, dues, and memberships Office expense Office Stationery and Supplies Professional fees
Management and administration fees Rent Maintenance and repairs Salaries, wages, and benefits Travel expense Telephone, mobile and utilities Internet Delivery, freight, and express Other expenses
Car Expenses
The kilometres you drove in the tax year to earn business income The total kilometres you drove in the tax year Gas Interest if you are financing your vehicle Insurance License and registration Maintenance and repairs Leasing cost if you are leasing your vehicle Other expenses (please specify) Business parking fees Supplementary Business Insurance
Assets used in your business
Car Make and Car Model The vehicle purchase price and the date of purchase if you purchase it Computer Equipment Others