Nearly 3 in 10 (29%) Gig Workers Risk Significant Penalties by Not Declaring Gig Income - Despite Regulations Requiring Gig Platforms to Report Workers’ Income to the CRA: H&R Block Canada Survey

AI Briefing

• – Gig workers risk significant penalties if they don't declare income, despite regulations requiring gig platforms to report income to the CRA.
• – 75% of Canadians see the gig economy as fueling a more entrepreneurial workforce, but tax-friendly benefits remain a key draw for traditional employment.
• – H&R Block Canada provides key tax considerations for gig workers to help them navigate the tax system.