Wave Alternative for Canadian Self-Employed
Wave is a popular accounting app with a free Starter plan for invoicing and bookkeeping, and a paid Pro plan. PlanTaxes.Pro focuses on what a Canadian sole proprietor needs at tax time: the T2125, GST/HST and the tax to set aside, with receipts pulled from Gmail.
Wave vs PlanTaxes.Pro
| Wave | PlanTaxes.Pro | |
|---|---|---|
| Built for | Small businesses that want free invoicing and bookkeeping | Self-employed Canadians filing form T2125 (sole proprietors, freelancers, side-hustlers) |
| Price | Starter: free. Pro: US$19/month (as listed on Capterra Canada, October 2026) | From $20/month; 1 year −10%, 2 years −30% (launch November 27, 2026) |
| Canadian tax estimate | See their site | Federal + provincial tax + CPP/QPP with the brackets of each year (2020–2026), every province |
| GST/HST | See their site | Collected vs paid (ITCs) and lines 101, 108 and 109; GST/HST added automatically on business purchases |
| Receipts | Receipt management is part of the paid plan (per user reviews on Capterra) | Reads Gmail (read-only) for bills and payments across all folders |
| Invoices | See their site | Invoices with your logo, discounts, estimates → invoices |
| Mileage | See their site | CRA-style mileage log |
Competitor details from the sources below, checked October 27, 2026; prices change, so confirm on their site. Wave is a trademark of its owner; PlanTaxes.Pro is not affiliated with it.
When Wave is the better choice
If you mostly need free invoicing and basic bookkeeping and don’t need a Canadian tax estimate, Wave’s free plan may be enough.
When PlanTaxes.Pro fits better
- You are a sole proprietor and want your T2125 and the tax to set aside, by province and year.
- Your receipts live in Gmail and you want them found and sorted for you.
- You want GST/HST lines ready when you file.
Sources
Questions
Is Wave free in Canada?
Wave has a free Starter plan; some features such as receipt management are in the paid Pro plan.
Why choose PlanTaxes.Pro over Wave?
If you want a Canadian T2125 tax estimate by province, GST/HST lines and Gmail receipts in one place, PlanTaxes.Pro is built for that.