Canadians who work on the side or undertake contract work to boost their income are tempted to not declare all of their income, faced with rising costs of living and precarious finances, according to a new survey commissioned by H&R block.
Of those working a side hustle, almost 49 percent say they are willing to risk “not declaring ‘all’ their related income.” Another 44 percent are willing to risk not declaring ‘any’ of their side hustle income, according to H&R Block.
The income tax preparation company suggests that 28 percent (around 8,746,000) of Canadian adults reported working a “gig job,” up from 13 percent in 2022….