TikTok and Content Creator Taxes in Canada

What content creators and tiktok creators can usually deduct

• Camera, lighting, microphone and computer (CCA)
• Editing software, music licences, stock assets
• Props and products bought for content (business share)
• Home studio share of home costs
• Internet and phone (business share)
• Agency or management fees

Only the business part of a cost is deductible, and you need a receipt or record for each. See CRA's guide T4002.

GST/HST

Sponsorships and services are taxable for GST/HST once you pass $30,000. Payments from foreign platforms may be zero-rated — check each income type. Check with our GST/HST calculator.

Keep good records

Free products or trips received in exchange for promotion generally count as income at their fair market value. Keep records for six years.

Your province

• Self-employed tax in Ontario
• Self-employed tax in Quebec
• Self-employed tax in British Columbia
• Self-employed tax in Alberta
• Self-employed tax in Manitoba
• Self-employed tax in Saskatchewan
• Self-employed tax in Nova Scotia
• Self-employed tax in New Brunswick
• Self-employed tax in Newfoundland and Labrador
• Self-employed tax in Prince Edward Island
• Self-employed tax in Yukon
• Self-employed tax in Northwest Territories
• Self-employed tax in Nunavut

Questions