Tax Smarts for Side Hustles: What Ontario Creators Should Know
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Tax Smarts for Side Hustles: What Ontario Creators Should Know
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Balancing a full‑time job and a side hustle? Don’t let taxes surprise you. In this episode, we break down how income from a side gig gets taxed in Ontario, the differences between operating as a sole proprietor vs. incorporating, and which deductions you can claim—from home office and vehicle expenses to meals and supplies. We also cover when you’ll need to register for HST, how to manage taxes across multiple income streams, and tips to stay compliant without stress. Whether you’re turning your passion into profit or just experimenting with extra income, this episode helps you make smart financial decisions from the start.
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