The business side of trading, explained.
Plain-language guides for Canadian traders who run their trading as a business: what counts as an expense, how equipment is written off, and what to keep for tax season. Every guide links to the official Canada Revenue Agency source.
Pivotext guides are general information about how Canadian tax rules commonly apply to traders. They are not tax, accounting or legal advice, and they may not fit your situation. Rules change. Confirm anything you rely on with a qualified accountant.
Getting started
COMING SOONTax basics for funded tradersWhy prop firm payouts are usually treated as business income, and why that matters.
COMING SOONBusiness costs vs personal costsThe general rule for what can count as a business expense, in plain language.
COMING SOONWhen to incorporateWhat changes when your trading runs through a corporation.
Common trading expenses
GUIDEWhy your new computer isn't a one-year write-offEquipment, capital cost allowance and a worked example.
COMING SOONEvaluations, resets and activation feesHow these costs are commonly treated, and the records to keep.
COMING SOONData feeds, platforms and softwareSubscriptions vs software you buy outright.
COMING SOONCourses and educationThe questions your accountant will ask.
Records and year end
COMING SOONMixed-use costs: home office, internet and phoneHow the business-use percentage works.
COMING SOONUSD payouts: which exchange rate to useWhy the rate matters, and how to keep a clean record of it.
COMING SOONWhat records to keep, and for how longReceipts, statements and the six-year rule.
COMING SOONYour year-end checklistWhat to have ready before you see your accountant.