Etsy Seller Taxes in Canada

What etsy and online sellers can usually deduct

• Cost of goods sold: materials or stock used for items sold
• Etsy listing, transaction and payment processing fees; Shopify subscription
• Shipping supplies and postage you pay
• Packaging, labels and photography
• Home studio or storage space share

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

Online sales count toward the $30,000 GST/HST limit. Platforms may collect GST/HST on some sales to Canadian buyers — check how your platform handles it before charging it yourself. Check with our GST/HST calculator.

Keep good records

Keep the platform's annual sales and fees report; report total sales as income and fees as expenses. 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