Your Canadian OnlyFans Accountant.
Platform income, GST/HST on digital services, and deductions most accountants get wrong. We've done this before — including saving one creator $60,000 in sales tax.
The problems generic bookkeeping misses.
Sales tax nobody explained
Whether GST/HST applies to platform income depends on where the platform is and where your subscribers are. Get it wrong in either direction and it's expensive. One of our clients was facing a $60,000 CRA sales tax bill that we resolved.
Income that arrives from everywhere
Platform payouts, tips, direct payments, multiple currencies, several platforms. It has to be reconciled properly before it can be reported properly.
Deductions that are genuinely different
Equipment, wardrobe, space, subscriptions, promotion. Some are deductible, some aren't, and the line isn't where most people assume.
An accountant who makes it weird
You should be able to talk about your business without managing someone's reaction to it. That's a low bar and a lot of firms don't clear it.
Agency splits reported wrong
If a manager or agency sits between you and the platform, the gross amount is usually what the CRA cares about — not the net that reached your account. We have seen creators report take-home and get assessed on full platform revenue. Bring us the agreement.
Set up properly, from the start.
GST/HST registration, tracking and filing on platform income
Multi-platform and multi-currency income reconciled
Personal or corporate — including whether incorporating is worth it
Deductions claimed properly and documented in case anyone asks
Instalments and set-aside, so tax isn't a shock
Voluntary disclosure if past years weren't reported
You asked. We answered.
Do I need to charge GST/HST on OnlyFans income?
Two things decide it. You must register once gross business revenue passes $30,000 in a single quarter or over four consecutive quarters — and salary from a regular job does not count toward that number, which is why plenty of creators register years earlier than they had to. Then it depends on where your subscribers are: sales to subscribers outside Canada are generally zero-rated, meaning taxable at 0% — so no HST is collected on them, but they still count toward that $30,000 threshold and you can still claim input tax credits on the expenses behind them. Getting the second part wrong is what produced a $60,000 CRA assessment for one client that we reduced to $6,000.
How we cut a $60,000 assessment to $6,000Should I incorporate?
Sometimes. It lowers the tax rate on income you leave in the business and puts a layer between you and the company, which some creators want for reasons that have nothing to do with tax. It also adds cost, filings and complexity, and it is the wrong move if you need every dollar you earn to live on. We will model both before you decide.
What can I actually deduct?
Cameras, lighting, phones and computers. Wardrobe, props and set costs used for content. Platform and processing fees, editing software and subscriptions, promotion and agency fees, a reasonable share of home costs if you shoot at home, and our fees. The limits matter as much as the list — personal-use portions come out, some items are capitalized rather than expensed, and home office claims have their own rules. We will tell you where the line is rather than let you find it during an audit.
I haven't reported this income. What now?
The Voluntary Disclosures Program exists for exactly this, and it works far better before the CRA contacts you than after. Assume your income is visible — payouts arrive through traceable channels and the CRA has been paying steadily more attention to platform earnings. Creators get into trouble when there is a gap between what the bank shows and what the return says. Come to us first and privately.
How the Voluntary Disclosures Program worksIs this confidential?
Yes. Your file is handled by named people on a small team and is subject to the same professional confidentiality as every other client's. We do not need to know anything about your content that does not affect your taxes, and we will not ask. You will not be asked to justify your work to us.
We've done this before.
A 30-minute call. Tell us how your business actually works and we'll tell you straight whether we're the right fit.