OnlyFans & taxes in Canada: A guide to claiming your income

Whether you're just starting out or already thriving on the platform, there's an essential aspect of your business that you can’t ignore: taxes. 

But don't worry—navigating the world of taxes doesn't have to be overwhelming. We're here to guide you through it all, step by step, in a clear, straightforward, and approachable way.

Consider this guide as your friendly companion to help you understand how to manage your OnlyFans income and stay on the right side of the Canada Revenue Agency.

In this comprehensive guide, we'll walk you through everything from reporting your earnings to discovering potential deductions that you might not be aware of.

By the end, you'll be equipped with the knowledge and confidence to handle tax season with ease.

So, let's get started and demystify the tax obligations for OnlyFans creators in Canada.

You've got this!

Reporting OnlyFans income in Canada

Do you have to pay taxes in Canada as an OnlyFans Creator? The short answer is: yes. 

In Canada, the money you make on OnlyFans is the same as any other income: it's part of your earnings and needs to be declared on your tax return.

Declaring OnlyFans earnings on your tax return

So, how do you declare your OnlyFans income? It’s actually pretty easy. Simply include the money you earn from your OnlyFans work when you fill out your tax forms. 

Remember, every dollar you make needs to be reported, whether from subscriptions, tips, or pay-per-view content. Keep track of your earnings throughout the year so you’re prepared come tax season. 

Business vs. self-employment

You might be wondering, "Do I report my OnlyFans income as a business or as self-employment?"

According to the Canada Revenue Agency (CRA), OnlyFans Creators are considered business owners who are selling their own goods (content and services). This also means you have the potential to claim some deductions that can help lower your tax bill.

Form T2125 

The T2125 form (Statement of Business Activities) is essential for all self-employed people in Canada. It is part of your tax return and is where you'll report your OnlyFans earnings and expenses. 

It’s like an overview of your business activities, helping the CRA understand how much money you've made and what you've spent to maintain your OnlyFans work. The CRA has a helpful guide to assist you in filling out the T2125 form.

Voluntary Disclosures Program (VDP) for unreported income

Oops! Did some income slip through the cracks? The CRA has a program for all of those who might have forgotten to report an income slip, called the Voluntary Disclosures Program. 

This program lets you come forward and report any missed income without facing heavy penalties. Trust us, it’s better to report the missing information yourself than to have the CRA find it for you.

How much tax should I expect to pay as a Canadian OnlyFans Creator?

Understanding how much tax you’ll need to pay as an OnlyFans creator is crucial for your financial planning. Knowing the rates and setting aside the right amount of money can help you avoid any surprises when tax season arrives. 

In traditional jobs, your employer automatically deducts taxes from your paycheck and sends them to the government on your behalf.

But when you’re self-employed, you have to handle these deductions yourself. This means you need to be proactive about setting aside money for taxes throughout the year.

Based on your expected income, set aside the appropriate percentage for taxes. Aim to save about 30 to 40% of your income to cover both federal and provincial taxes.

Here’s a breakdown of what to expect.

Federal income tax rates

In Canada, income tax is progressive, which means the more you earn, the higher your tax rate. Here are the federal income tax rates for 2025:

• 15% on the portion of taxable income that is $55,867 or less, plus

• 20.5% on the portion of taxable income over $55,867 up to $111,733, plus

• 26% on the portion of taxable income over $111,733 up to $173,205, plus

• 29% on the portion of taxable income over $173,205 up to $246,752, plus

• 33% on the portion of taxable income over $246,752

Provincial income tax rates

On top of federal taxes, you’ll also pay provincial taxes, which vary by province. Check out the 2025 rates for each province.

Deductible OnlyFans expenses in Canada

Creating content that wows your followers can come with costs, but the good news is that some of these expenses can be deducted from your income. This means you can reduce your tax bill by investing in your business. 

Qualifying business expenses for OnlyFans Creators

What can Creators write off in Canada? You can generally deduct any cost that is directly related to your OnlyFans business.

Here are some examples:

• Home office deductions: If you manage your OnlyFans work from a dedicated space in your home—whether it’s a corner of your apartment, your garage, or a dedicated room—you might be able to claim a portion of your rent, utilities, and internet bill as tax-deductible expenses. 

• Equipment and technology: Cameras, lighting, computers—basically all the gear you need to produce your content for OnlyFans can be considered capital costs. This means you can claim them as deductible expenses over the lifetime of the equipment.

• Marketing and advertising expenses: Money spent on marketing and promotion can also be a deductible expense. If you’re investing in ads to grow your OnlyFans following, those costs can be considered business expenses, which means they can be deducted.

• Clothing, outfits, and accessories: If you purchase clothing, outfits, or accessories specifically for your OnlyFans shoots, those expenses can be deductible. However, you must ensure that these items are used exclusively for your content creation and not for personal use.

If you want to read more about what is considered a deductible expense, check out our guide: OnlyFans Taxes: A clear guide to declaring your income.

Remember to keep your receipts and to make sure you can prove that you’re using the item or service to earn an income.

You can’t just claim that your new jeans are a business expense (unless your account focuses on a denim fetish!)

Check out CRA’s list of common expenses for businesses for more information about what might qualify as a deductible expense for your OnlyFans business.

You can also read more about deductible expenses here on the Canadian government’s website.

GST/HST registration

If your OnlyFans business is bringing in more than $30,000 over four consecutive quarters, then you’ll have to register for GST/HST. Keep track of your income, and if you’re approaching the threshold, be ready to take action. Missing this step can lead to owing back taxes or even penalties.

GST (Goods and Services Tax) and HST (Harmonized Sales Tax) are federal sales taxes applied to most goods and services in Canada.

This doesn't mean you'll pay more—it means you'll collect GST/HST from your subscribers if they're in Canada. Check out OnlyFans' list of the different tax rates for GST/HST by province in Canada to know which rate applies to your business.

The good news? You can often claim tax credits for the GST/HST you’ve paid on business-related expenses or purchases.

Deadlines and filing requirements

Mark your calendars: April 30th is the big day for personal tax returns, but as a self-employed individual, you have until June 15th. 

If you owe money, interest starts racking up after April 30th, so it’s best to stick to submit your return as early as possible. 

Conclusion

Navigating taxes as an OnlyFans Creator in Canada doesn't have to be daunting task. 

Familiarize yourself with your tax obligations, read up on what count as deductibles, look into how you accurately report your income, and understand when you need to register for GST/HST. 

Remember to keep meticulous records of every, both income and expenses. If you you have any doubts or questions, consider consulting a tax professional to ensure you're doing everything correctly and that you fully take advantage of deductibles.

Just make sure you hire an accountant that understands self-employment and content creation.

If you want to read more, check out our article Legal and Tax implications for OnlyFans content Creators.