Home Office Expenses CRA: Complete Deduction Guide for 2026
If you work from home as a self-employed Canadian — whether you are a freelancer, consultant, or small business owner…
Articles tagged
self-employed
24 articles
Independent Contractor Taxes Canada: Complete Guide for Freelancers
Working as an independent contractor in Canada means you are responsible for your own taxes — there is no employer…
Self-Employed Tax Deductions Canada: What You Can Claim in 2026
As a self-employed Canadian, every legitimate business deduction reduces both your income tax and your CPP contributions. Unlike employees who…
Vehicle Expenses CRA: Log Book Requirements and Deduction Rules
If you use a vehicle for business in Canada, you can deduct a portion of your vehicle expenses on your…
CRA Business Expense Categories: Complete Guide to Form T2125
Form T2125 (Statement of Business or Professional Activities) is where Canadian self-employed individuals, freelancers, and sole proprietors report their business…
Making Tax Digital 2026: Complete Guide for Self-Employed and Small Businesses
Making Tax Digital (MTD) is the biggest change to the UK tax system in a generation. Starting from 6 April…
Making Tax Digital for Self-Employed: What You Need to Do Before April 2026
If you are self-employed in the UK with gross income over £50,000, Making Tax Digital for Income Tax starts on…
Making Tax Digital for Income Tax: ITSA Requirements and Deadlines
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is the specific branch of MTD that applies to…
Making Tax Digital Software: Best MTD-Compatible Tools for 2026
Making Tax Digital requires you to use compatible software to keep digital records and submit quarterly updates to HMRC. With…
Capital Allowances UK: Annual Investment Allowance and Writing Down Allowances
When you buy equipment, vehicles, machinery, or other assets for your business, you generally cannot deduct the full cost in…
HMRC Subsistence Allowance: Meal and Travel Expense Rules
Claiming meal and subsistence expenses in the UK is more restrictive than in many other countries. HMRC applies strict rules…
IRS Mileage Rate 2026: What Self-Employed Need to Know
The IRS mileage rate for 2026 is 72.5 cents per mile for business driving — up 2.5 cents from 2025.…