Your tax questions, answered
We know tax season can be stressful. There are tools available to help make filing your taxes simpler.
For detailed information, keep reading below.
For a summary, click here
Income tax
The Canada Revenue Agency (CRA) requires that you file income tax each year.
When you work as an independent healthcare worker with WorkersFirst, it’s your responsibility to pay your income tax at tax time.
You will be provided with all your WorkersFirst tax information ahead of tax season and you may request this information at any time.
Note that business licence exemption documents are not acceptable for this requirement.
Potential eligible business expenses or deductions
You may be able to claim full or partial tax deductions for car mileage, tolls or parking costs, cell phone expenses, and more.
Please speak with your tax advisor to review your unique tax situation and ensure that you’ve included the correct expenses.
Your tax timeline
Knowing when and what you have to file can help you avoid paying late penalties.
You can check the CRA website for important tax dates.
Sales tax in Canada
As an independent healthcare worker , you’re responsible to collect, remit, and file your sales tax—HST in Ontario and Nova Scotia, GST in Alberta, Saskatchewan, Manitoba, and British Columbia—to the Canada Revenue Agency (CRA).
Register for GST/HST
The Canada Revenue Agency requires every independent contractor to create a GST/HST account number, which must be shared with WorkersFirst in order to set up your account.
It only takes a few minutes to register online, and you’ll have your GST/HST number instantly. Follow the step-by-step instructions to register. Make sure you submit your GST/HST number within this time to avoid having your account temporarily put on hold.
Already have a GST/HST account number? Skip the registration step, and proceed to set up your account.
Collect GST/HST
At the end of the calendar year, you’ll receive the GST/HST that was collected from your shifts.
These amounts will be shown on each shift invoice as well as your monthly and annual Tax Summary.
You will receive a tax summary at the end of the calendar year and you can request a tax summary at any time. Simply send us a note at contact@keepworkersfirst.com.
Remit your GST/HST to the CRA
You can make your GST/HST payment electronically, by mail, or at your bank.
Wondering how much you need to remit? You can find this amount on your annual Tax Summary.
File your GST/HST return
You can file your GST/HST return online with CRA. To file it, you’ll need to know your net tax.
Your net tax is the difference between the amount of GST/HST you’ve collected and the amount of GST/HST you’ve paid on expenses related to your healthcare contractor service activities.
A tax professional can help you understand how to remit and file your taxes correctly and claim your potential input tax credits.
Your WorkersFirst Tax Summary
What you need to know
Your Tax Summary is not an official tax document but helps you or your preferred tax professional prepare your tax return.
Your Tax Summary document includes:
Your total earnings (gross wages)
Sales tax you have collected on each shift
Any sales taxes paid
Potential business expenses
We’ll provide you with an annual Tax Summary.
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A type of tax that the government requires on income generated by businesses and individuals
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The tax number that lets you charge GST and HST on your healthcare contractor invoices.
Terms and definitions
Read below for key terms and definitions.
Support
Have questions about WorkersFirst tax information? Get in touch, we’d be happy to help.
Please note that any questions specific to your tax filings need to be answered by your tax advisor.