Tax Tips for Bloggers, Vloggers, and Etsy Digital Product Sellers in Canada.

Canadian Tax Tips for filing taxes as a blogger, Vlogger, and Etsy Digital Products seller.

Tax Tips for Bloggers Vloggers and Etsy Digital Product Sellers in Canada
Tax Tips for Bloggers, Vloggers, and Etsy Digital Product Sellers in Canada.

I finally finished doing my taxes and I thought I would share with you some tax tips for those who have a Blog, YouTube channel, Etsy Digital Printouts shop, and a full-time job.  


I AM NOT A PROFESSIONAL in this area – I am not an accountant, tax adviser, financial adviser, CPA, or anything like it. These are my best practices for handling the taxes in my blogging and Etsy businesses. The suggestions in this blog post should NOT be taken as any formal, official, or professional advice – if, in doubt, you should always consult a CPA for advice on your specific business.

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In this tax tips guide, I will share all of my best practices for managing blog taxes. How to file a FREE tax return as a content creator with Wealthsimple’s FREE tax filing platform. What can you deduct and where to enter it in the T2125 form?

Declaring taxes for Canadian bloggers is rarely a favorite blogging task.  But it is the most important one.  Nobody wants to face an audit – especially if you’re unprepared.  My tax tips will help you stay on top of your tax preparation.

And don’t worry this process isn’t as painful as you imagine.

Even if you hire an accountant you will still need to know what deductions are available to you when you are collecting and reviewing your receipts during the year.

Income from your blog or YouTube

Income from your blog or Youtube

So you started blogging on the side and you’re starting to make a bit of money.

If it isn’t already pinging in the back of your mind, it should be –  what happens at tax time?

If you make $100 in a year as a blogger or a content creator on social media platforms such as TikTok, YouTube, Instagram, Facebook, and Twitter, you SHOULD report your business income to the CRA as a SOLE PROPRIETOR.

Include everything!!!

It can be difficult for the self-employed, especially bloggers and vloggers, to determine what constitutes their income.

If you have a blog, Youtube, or Podcast and get paid via sponsorships of products or with monetary means, you have to report your income to the CRA as a SOLE PROPRIETOR.

If you don’t report your income for this year or even in the last three years, you may have to pay a 10% penalty for the first amount you failed to report.

As a small business owner, you must report every source of income on their tax form T2125.

  • NOTE: If you start your blog for example, and you don’t have any income yet, you can still deduct your expenses incurred. However… if you are CONSISTENTLY losing money over a long period of time and you are STILL in business for yourself, this will raise red flags to the tax man.  

According to CRA Social Media Influencer guidelines you can earn income from your social media activities in many ways, both monetary and non-monetary (barter transactions), including, but not limited to:

  • subscriptions to your channel(s)
  • advertising (clickbait and brand advertisements) AdSents
  • sponsorships 
  • calls to action.
  • merchandise sales or commission on sales
  • tips (for example the “Buy me a Coffee” or the “Patreon” subscription)
  • perks such as products, clothes, trips, or other gifts
  • referral codes

For example, instead of paying cash, many companies give bloggers and vloggers goods (e.g., free t-shirts, free makeup, matres, etc.) in exchange for a blog post or video promoting their business or products. If that’s the case with you, you need to declare the fair market value of the goods in your income as well.

BOTTOM LINE: No matter what kind of blog are you running.

  • Hobby Bloggers (blogging solely for fun or as a creative outlet)
  • Side Hustle Bloggers (blogging on the side of your day job to slowly grow)
  • Full-Time Bloggers (blogging as your main business)

Each stage here requires a slightly different take on how to practice bookkeeping and manage your taxes, but it’s important to remember that anytime you’re making money from your blog, you’ll almost certainly have to pay taxes on that income.

  • NOTE: If your business is a corporation, you would file a T2 corporate tax return instead. Corporate taxes are beyond the scope of this blog post.

My husband and I operate a blog together

If you and your husband operate a blog together and it is not an incorporated business. When you are declaring income from the blog divide it 50/50.

How to claim Etsy income on taxes in Canada

How to claim Etsy income on taxes in Canada

Don’t count on any financial data from Etsy to add up. It spreads its financial data across four spreadsheets, some sorted earlier to later, some the other way. One sheet has the refunds, and the other has sale data.

It’s a frikken nightmare.

  • I have instead opted to take a who-cares-what-Etsy-charges-for-sale-transaction-cost approach. On my budgeting/bookkeeping spreadsheet, I have one tab that lists every deposit made to my account from Etsy. THIS IS YOUR ETSY INCOME.

It is REALY all I care about.

  • NOTE OF COUTION: Any cost that occurred before the transaction is an expense – the listing and ETSY ADS for example. The transaction fees are IRRELEVANT NOW because I am only reporting the deposit as income, which has already removed those fees so I DON’T CLAIN THEM AGAIN.

RELATED: What Does Etsy Remit to Canadian Tax Authorities?



What can you write off as expenses as a blogger, Vlogger, or Etsy digital product seller in Canada?

Tax deductions are items or expenses that you can remove from your taxable income. This can substantially lower your taxes.

This expense will vary depending on the type of blog or vlog you run. If your content is related to travel or cooking, you can deduct expenses incurred in connection with those topics.

Here are some deductions you can take off from your income as a blogger, influencer, vlogger, or Etsy digital product seller (for other products it will be more complicated) in Canada.

  • Domain name expenses
  • Web hosting 
  • Blog theme templates or blog design fees
  • Online tools and subscriptions (like Canva, Photoshop, and Microsoft Office)
  • Email marketing for email subscriber acquisition (like ConvertKit or Mailchimp)
  • Apps used to run your business
  • Payment for freelancing writer services or services rendered to help with your WordPress
  • If you review restaurants on your blog or YouTube channel meals could be considered necessary for business and thus they could be deducted at 100% instead of 50%.
  • Facebook, Pinterest, or Google ads
  • Prices and Gift cards purchased for give-away to gain subscribers
  • Equipment such as a new computer, printer, camera, or smartphone (capital depreciation of the items)
  • At home internet (you need to calculate the % for business use)
  • If you’re a travel blogger, you may be able to deduct the cost of travel-related expenses. That includes transportation and accommodations at destinations.
  • Fees for business-related conferences and memberships.
  • Studio rent for business photoshoot
  • Bank and Paypal fees if you have a separate business account.

BOTTOM LINE: If you’re blogging for a living, whether as a primary occupation or a side hustle, you’re running a small business. Since your blog is a business, you need to treat it like one. That means taking taxes seriously, and part of doing that is using every tax deduction available to minimize your tax liability.

Let’s break down all the expenses

Domain & Web Hosting Expenses

You can deduct expenses for obtaining a domain name. In addition, any expenses incurred for web hosting such as the annual fee paid for maintaining the domain name are also deductible as these are necessary expenses for maintaining a website.

  • And it goes under ADVERTISING

If you prepay for your web hosting for two years, only 50% will be deducted for the current year, and you will be able to deduct the remaining 50% for the following year.

Canva, Photoshop, Editing apps, etc.

Think of it this way. You use Canva, Photoshop (monthly subscription), stock photo licenses, video library subscription, and any premium editing apps on your phone to create graphics, and thumbnails to advertise your services, blog posts, and videos.

  • Expenses go under ADVERTISING

MUSIC subscriptions can go to advertising, but I put it under OFFICE STATIONERY ANS SUPPLIES

Internet and Cell phone Service Charges

Since an internet connection and cell phone are necessary to run your business the monthly service charges are tax-deductible. However, only the portion used for business purposes is deductible. Personal usage should be excluded from the expense deducted.

Blogging and other Social Media presence require you to be in regular touch with your followers. And of cause, you use the Internet to upload videos, write and post blogs, etc. Usually, bloggers claim 50% of the internet and cell phone service charges.

  • It goes under UTILITIES

Stationery & Other Office Supplies

Items like notebooks, printer ink, highlighters, storyboards, and other stationery items you purchased for your business can be deducted for tax purposes.

  • It goes under OFFICE EXPENSES

Internet courses

The costs incurred to purchase an internet course related to blogging, vlogging, Etsy, etc. are deductible for tax purposes. Enter the amount under OTHER EXPENSES and then specify “Education/Training”.

  • Enter it under OTHER EXPENSES and then specify what you mean like “Education/Training

However, if you purchase a course or web hosting service and then promote it to gain an affiliate income, You should include the cost of the course in Part 3D – Cost of goods sold and gross profit under OTHER COSTS and affiliate income add to your Business income.

Enter it under OTHER EXPENSES and then specify what you mean like “Education/Training”
Example of a WealthSimple T2125 form entry

Promotion Expense

Expenses incurred on promoting the blog are deductible. These could include giveaway gifts you purchased, Pinterest or/and Facebook ads expenses, and most other advertising or promotion-related expenses.

  • It goes under ADVERTISING

Legal and Accounting Fees

For example, you receive notices from another blogger regarding copyright and have to pay for legal counseling. Also if you are paying for an accountant to do monthly bookkeeping, these expenses are tax-deductible. Purchasing a legal pack for your business goes in this category also.


Paying a one-time fee for help to file your taxes or register a corporation.



Bank charges to manage your business, such as those for processing payments (for example if you have to pay Paypal fees when you get paid via Paypal, you can include those fees).

If you have a business bank account in Canada you can deduct these bank fees.

Credit card annual fees for your business credit card can also be deducted.


PO box rental

If you have a PO box rental or if you mail out giveaways as part of your promotions (or have other mailing costs), you can deduct these costs under DELIVERY, FREIGHT, AND EXPENCES.


For meals and entertainment, you can only claim 50%. Consider that if you’re at a business dinner with yourself and another party, the other party’s portion is the deductible portion whereas yours is not. 

– You buy Starbucks coffee while working on your blog in the cafe.
– There are sporting or hockey or other events that you take clients out to (in the name of promoting your business) you can deduct 50% of the cost.
– If the sole purpose of your blog is to review restaurants, then those expenses would be deducted at 100%.
– If you don’t review restaurants regularly, but happen to eat at one and review it on your blog, you CAN NOT deduct the expense.


If you use BBQ for your “food blog” recipes, you can deduct gas tank under FUEL COSTS (except for motor vehicles)

Travel Expense

Travel (such as public transportation costs, hotel accommodations, and 50% of meals) if the purpose of travel was to earn business income can also be deducted.

One more thing, if you have a car and you use it for your business (though I don’t see how a car would be useful for a blog or Instagram or social media business unless you drove for Uber Eats or Uber for example), you can deduct the proportion of expenses (gas, car insurance, car replacement insurance, parking, car maintenance, CCA for the car, etc.) you use for business vs pleasure.

  • It goes under TRAVEL EXPENCES

If you’re a travel blogger, you may be able to deduct the cost of travel-related expenses. That includes transportation and accommodations at destinations that are the subject of your blog content. It is best to consult your tax professional regarding the taxation of your travel blogging business expenses.

The CRA is well aware that business-related travel often has a dual purpose: there’s a business purpose and a personal one. You’ll need to make that distinction before claiming travel-related expenses.

FOR EXAMPLE, You travel to New York to write a series of articles on that destination. If you go on the trip by yourself, and only for a few days, you may be able to deduct the entire cost of the trip. If you go for a week or more, and also bring your family, that will represent a dual-purpose trip. In that case, you may only be able to deduct the cost of your personal airfare and a percentage allocation of the hotel accommodations.

Travel related-expenses must be in proportion to the income you earn. If your blog earned $2,000 for the year, but you spent $10,000 in travel-related expenses, you’re heading for an audit.

  • As mentioned, I am not an accountant, so this is not considered professional advice, and I recommend that you consult an accountant for information and advice related to your new small business.


Maintenance and repairs related to business use of home expenses in Canada can also be deducted.

FOR EXAMPLE: If you needed to hire a plumber for your home (and you do your work at home). Or if you had to replace your gutters. However, it doesn’t include your own estimated labor costs (e.g. your time).

  • TAX TIPS: MAINTENANCE is 100% deductible if the maintenance was RELATED DIRECTLY to YOUR OFFICE AREA (for example, if you had to repair the floors in your office).

Cleaning materials are also included with this. Even if you are buying your cleaning supplies from Dollarama, you should keep track of it.


Photography props

This is a bit of a grey area since photography props are both inexpensive and long-lived. In case any of your props cost more than $500 it will be treated as capital cost (see rules below).


YOU MAY LIKE: Top Tax Deductions for Photographers

Rent studio space for product photography

FOR EXAMPLE, You decided to rent a studio to do a professional photoshoot for your blog.

Your expenses will include

ExpensesT2125 Part 4 Expenses
Travel expenses to and from the shootTravel expenses
Studio hourly rateRent
Hire a professional photographerProfessional fees
Eating lunch during the shootMeals (deducted at 50%)
Don’t forget to keep all receipts!

Purchase an item for review

The costs incurred to purchase a printer for the sole purpose to review it on your blog or video can be deducted under OFFICE STATIONERY AND SUPPLIES in the T2125 tax form.

That is if your blog is about reviewing printers and it’s not one time article.

TAX TIPS: However, if you sell this printer on Facebook Market please, for example, after. You need to claim the disposition as income.


Blogging tax deductions in Canada also include physical items.

Computer, Mobile Phone, Laptops, Notebooks, Camera, Office table, and/or Any Hardware and Software Expenses.

“Hardware” equipment such as a new computer, or a smartphone (for example an iPhone) can be deducted. However, you have to calculate the capital depreciation of the items because it depreciates over time and cannot be claimed just in the year of purchase. As these items depreciate you will have to calculate the value of these items ‘worth’ over the years until it goes to $0 on your tax return.

Capital costs are deductible for tax purposes based on CRA-prescribed percentages each year. These capital items are grouped into Capital Cost Allowance (CCA) classes each has a set percentage that ensures that the equipment is deducted over its useful life rather than just in the year of purchase. However, REMEMBER to KEEP THE RECEIPTS as taxmen may ask to validate the tax claim.

Tools costing $500 or more 
– Cameras
– Video Recording Equipment
Office furniture
– Fax machine
Class 820 % per year is deducted
– Computer software like Quick Books, Turbo Tax, one-time payment Photoshop, or Microsoft operating system
– China, cutlery, linen, and uniforms
Class 12100 % per year is deducted
– Laptop
–  iPads, iPhones
Class 5055 % per year is deducted
*** When in doubt, always call the CRA and check any of the above information, as tax classes and expenses can change from year to year based on what the CRA wants to do.

“Interestingly every accountant I’ve spoken to says to ignore CCA unless you’re INCORPORATED or claiming a VERY EXPENSIVE purchase. For normal home business purchases like desks, computers, phones, printers, or the like they recommend just claiming the fill cost in the purchase year as an expense (it goes into OFFICE STATIONERY AND SUPPLIES). And if you do decide to go the CCA route, remember there is currently an exemption to the half-year rule.”


Business-use-of-home expenses

Business-use-of-home expenses

You can use a portion of the rent that you pay, or if you own your own home, you can deduct things like the proportion of property taxes, mortgage interest, home insurance, utilities, etc. 

This is what the CRA has to say about how to calculate the amount you can deduct:

If you use part of your home for both your business and personal living, calculate how many hours in the day you use the rooms for your business, and then divide that amount by 24 hours. Multiply the result by the business part of your total home expenses. This will give you the household cost you can deduct. If you run the business for only part of the week or year, reduce your claim accordingly.

house expense example from Wealthsimple tax

Percentage of Time Calculation:
If out of the 24 hours you spent 8 of them blogging (7 days a week!!!) then 8/24 will be 33.33%.
If you spend 2 hours of the day blogging (2 hours/ 24 hours of the day) and 1 hour of the day posting on social media to promote your blog then you can deduct about 12.5%.

WealthSimple will calculate the proper amount you can deduct.
Just enter how many rooms you have in your house/apartment and how many you use for the business. Also enter the percentage of time you use this room for business, as calculated above.


If you pay rent, you can deduct part of that rent instead which goes under MORTGAGE INTEREST. Make sure you have a copy of your lease agreement and monthly rent receipts in case the CRA performs an audit. 

Things like Water or Complex Maintenance Fee will go under OTHER EXPENSES.

  • But not anything related to things like your telephone bill, cellphone bill, or Internet because you do not need any of those bills to run an actual home unlike heat, electricity, water, etc.



– You may be able to expense items before you earn money
– When determining if you’re eligible to expense an item is necessary as part of your business
Don’t get caught up in the trap of “I can write it off”
– You have until June 15th to file these taxes, but I prefer to do them sooner because if you owe money, you have to pay by April 30th.
– If you own in income taxes payable more than $3,000.00 two years in a row. Next year you will NEED to pay your income taxes in quarterly installments.
– You do not need to register for business sales taxes either if you make under $30,000 gross if you are a sole proprietorship over 4 consecutive calendar quarters (a year).

Declare your income and expenses on T2125 as a Blogger and Etsy Digital Products Seller

Declare your income and expenses on T2125 as a Blogger and Etsy Digital Products Seller

In Canada, you declare any income on a T1 General Tax Return (bloggers or not). You report your blogging AND personal income on the same T1 tax form. You do not need two separate ones.

You also need to file a T2125 to state your business.

If you have more than one business, you need to file SEPARATE T2125 forms.
For example, if you have an Etsy Digital Products shop and a Blog, you need TWO separate forms.

Completing two separate T2125 forms for two types of businesses when both businesses are being operated under my own legal name.

I am currently operating two businesses; each with a different product/service and a different industry code to identify the type of business (Blog and Etsy Digital Products shop).

Both of these businesses are sole proprietorships and do not have a registered business name, so all business activity is being conducted under my own legal name.

  • BEST PRACTISES: For your own recordkeeping purposes, you might want to consider making a slight change to the name of one business (not required but it’s much easier to have different names if you ever need to remit info to CRA). (for example “John Smith”, and “John R. Smith”)
screenshot from T2125 on Wealthsimple Tax (formerly Simple Tax) Part 4 _Expences

If you have overlapping expenses between your Blog and Etsy shop choose only one T2125 form to enter it.

For example, I use Canva mostly for Etsy and entered it into the Etsy T2125 form and the rest of the expenses including business-use-of-home entered into my BLOG T2125 expenses.

How to fill out the t2125 form with WealthSimple for FREE

Part 2 – Internet business activities. You can find this section in Other at WealthSimple.

Snapshot of WealthSimple T2125 tax entry

From CRA – Enter the number of web pages and websites your business earns income from.

Enter the address(es) of your page(s) and site(s) in the fields provided. If you have more than five sites, enter the addresses of those generating the most Internet income.

If you don’t have a website but you have created a profile or other page describing your business on blogs, auctions, marketplace, or any other portal or directory site(s), then enter the address(es) of the page(s) if they generate income. For example URL of your Etsy Digital Product Shop.

Enter the percentage of Internet-generated income. If you do not know the exact percentage, provide an estimate.

Naomi Wilking did a great job showing how she fill the “T2125 on Wealthsimple Tax (formerly Simple Tax) tax form in VIDEO as a small home base bookkeeping business with BLOG expenses. It’s all the information you need to file TAX this year yourself for FREE.

Blogging industry code

NAICS code for Bloggers, Vloggers, and Etsy Digital Products sellers.

You need to put the NAICS code (North American Industry Classification System) in a T2125 tax form.

NAICS code for bloggers is 711513

NAICS code for bloggers is 711513 – Independent writers and authors.

This Canadian industry comprises independent individuals (freelance) primarily engaged in creating artistic and cultural literary works, technical writing, or copywriting. Independent print journalists are included.

NAICS code for Etsy digital products seller is 323120

NAICS code for Etsy digital products seller is 323120 – Support activities for printing.

This code is difficult to identify. The category name isn’t entirely intuitive, which makes searching difficult. If you are looking for a code that relates to what you are making, you’ll likely be under “31-33 Manufacturing”.

NAICS code for vloggers and Youtube video production is 512110 – Motion Picture and Video Industries

NAICS code for Vloggers and Youtube video production is 512110 – Motion Picture and Video Industries.

Motion picture and video production. This industry comprises establishments primarily engaged in producing, or producing and distributing, motion pictures, videos, and television programs.

Frequently Asked Questions about declaring taxes in Canada as blogger YouTuber or Etsy Digital Product seller

Frequently Asked Questions

You decide and control where you work, how long/often you work, and how you conduct your duties. You supply your own equipment and tools, incur business costs and advertising costs, and manage the cost of renting or purchasing.

This is not a separate business income but a personal income you’ve made.

If you want to separate your business from your personal income, you have to dive into a more complicated world of taxes and set up your business as a corporation.

The benefit of being a sole proprietorship is that your taxes are very easy to file.

The downside is that you are on the hook for anything you do under your sole proprietorship/business, like if someone sues you for instance.

You are taxed at your personal tax rate, so keep that in mind if you also work a day job — it may bump you into the next tax bracket

Stock photos for me would go under ADVERTISING. You are using the photos for marketing/advertising, it is a license and therefore not consumable, and not an asset to depreciate,

NO. You didn’t have a company when you purchase supplies. As a sole proprietorship, you could count these expenses as part of a home office.

Enter it under OTHER EXPENSES and then specify what you mean like “Education/Training”.

Split income 50/50.

Yes. If you’re reviewing and talking about how to buy or style these outfits.

If you sell those items after you are done blogging you need to claim the disposition as income.
If you use them for your personal needs after you are done blogging about them it’s considered a deemed disposition and the market value needs to be claimed as income.

Enter how much you made under self-employed income in your T1 tax form.

You claim every income, even if it’s $100 as a sole proprietorship under your own name. Yes, you can claim some expenses related to the blog. Just be careful your business isn’t losing you money every year, or it just looks strange.

If all you do is sell courses and don’t write blog posts at all, then the NAICS code might fall under 611430 – Professional and management development training. Otherwise, use the NAICS code for blogging – 711513.

In India, if annual income is below a certain amount then we can skip the income tax return if we want to. So I wanted to know if I earn like 100$-200$ per month from blogging then Can I skip doing all this tax stuff or it is compulsory?

In Canada, if you earned income (any income), you must pay at least 15% taxes on it (federally) and a percentage provincially (varies by province from 5% – 11%).

It will count as a loss against your income taxes and lower your taxable income slightly if you are a sole proprietor, but it will not guarantee a tax refund.

The following categories are available on the Taxes tab in QuickBooks Self-Employed:

  • Advertising (line 8521): Cost of promoting and selling your products or services
  • Bad debts (line 8590): Money owed to you that you can’t collect
  • Business income: Money you make from self-employed work
  • Business taxes and fees (line 8760): Annual license fees you pay to state or local governments and any taxes you pay to run your business
  • Business use of home: Cost of space in your home used for your self-employed work
  • Capital cost allowance (line 9936): Cost of furniture, equipment, or property related to your self-employed work that wears out over time
  • Capital property allowance: Cost of property that doesn’t physically exist but gives you a lasting economic benefit. Examples: goodwill, franchises, concessions, and licenses for an unlimited period.
  • Credit card payment: Principal portion of payments you make towards a credit card balance (Principal isn’t deductible; interest is)
  • Freight and delivery (line 9275): Cost of delivery, freight, and express you pay in the year of your self-employed work
  • Insurance (line 8690): Premiums you pay to insure assets and equipment
  • Interest (line 8710): Interest on a business loan for self-employed work (Interest is deductible, but the principal isn’t)
  • Legal and professional services (line 8860): Accountant and legal fees you pay for your self-employed work including tax prep
  • Maintenance and repairs (line 8960): Cost of repair and upkeep of property or equipment
  • Management and admin fees (line 8871): Bank management and administration fees, including payment processing, that you pay for your self-employed work
  • Meals and entertainment (line 8523): Meals and entertainment costs for clients directly related to your self-employment work or personal, non-local, meals while traveling
  • Motor vehicle expenses (line 9281): Expenses of running a motor vehicle for your self-employed work
  • Non-auto fuel (line 9224): Cost of fuel (including gasoline, diesel, and propane), motor oil, and lubricants you use for your self-employed work (Don’t include the cost of motor vehicles)
  • Office expenses (line 8810): Office supplies and other workspace expenses including stationery and stamps
  • Other business expenses: Cost of goods or services that are reasonable for the self-employed work you do, but don’t fit in other business expenses
  • Owner’s deposit: Money from your personal funds that you add to your self-employed business funds
  • Owner’s withdrawal: Money you pay yourself from your self-employed business funds
  • Phone and utilities (line 9220): Cost of telephone and utilities you pay for your self-employed work
  • Property taxes (line 9180): Taxes your pay for the business property you own
  • Rent (line 8910): Rent paid for property used in your self-employed work
  • Salaries, wages, and benefits (line 9060): Cost of salaries and other benefits you pay to employees
  • Supplies (line 8811): Supplies used indirectly during the year to provide goods or services for your self-employed work
  • Transfer: Transactions that move money between your accounts
  • Travel (line 9200): Travel expenses you pay to earn business and professional income, including public transportation fares, hotel accommodation, and meals
Best Bookkeeping Practices for Canadian Bloggers

Best Bookkeeping Practices for Canadian Bloggers

Keep all receipts

Make sure you save your receipts, keep track of your transactions, keep a list of all your income and sources of income, and keep digital proof of your transactions.

  • NOTE: Get into the habit of writing on your receipts, what it was for, who you were with, what type of expense, and the total amount. You will need to prove to the CRA auditor that it’s an actual business expense and heat-sensitive paper is easily erased with time. Scan all physical receipts, it’s easier to file everything in one spot and it will be easier to email to CRA if needed later.

You’ll need a backup for the figures and numbers that you are reporting, even if it is many years down the road (up to 7 years) when CRA requests an audit.


You can use Excel or a Google spreadsheet doc. This will help you keep track of your income and expenses. There are a ton of templates online.

This will help you to really create a working document that you can continue to grow and use for the future. It also allows you to keep each year separate.

  • NOTE: Track your expenses when they occur, NOT when you pay them.



During the year or at the end organize your receipts by what type of expense it was.

For example, all the meal receipts go together, all the office supplies receipts go together, all the electronics receipts go together, etc.

See on the left my file organization. (I will fix all spelling mistakes this year :) I promise.)

Keep a vehicle mileage log

If you are planning to claim fuel as an expense, you must keep track of your starting year odometer reading and the end of the year odometer reading, and have a travel long for all the driving you did for business.

RESOURCE: Best Mileage Tracker Apps


Resources used to write this post

PIN BLOG Tax Tips for Bloggers Vloggers and Etsy Digital Product Sellers in Canada.


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