Accounting for Daycare Businesses in Canada
“In childcare, the income may look steady, but the work expenses run right through the household ones. On top of that, parents need receipts. We know this work and can help you report all of it on a T1 under CRA rules.”
Who We Work With
Home-Based Childcare
Home Daycare Provider · Childcare Provider — childcare at home, space and material expenses, receipts for parents.
In-Home Care(Planned)
Nanny — working at the client's home, specific expenses and tax considerations.
Centers & Facilities
Daycare Center Owner · Learning Center Owner — rent, staff, operational expenses and documentation requirements.
Education & Tutoring
Early Childhood Educator · Tutor — educational work, online/offline sessions, materials and payments from families.
We Understand Your Challenges
Here's How We Help
Recommended Services
Accounting services for daycare owners and home-based childcare providers managing income, shared costs, records, and payroll.
Personal Taxes (T1)
Accurate T1 filing for all income types and situations.
Self-Employed
Registration and tax support for sole proprietors.
Tax Consultation
Expert advice tailored to your situation.
Incorporation
Register your corporation federally or provincially.
GST/HST
Registration, filing, and compliance for sales tax.
What Our Clients Say
Reviews from our public Google profile
Reviews on the chosen topic come first
I had a great experience with Anytime Accounting for my self-employed tax return. Olha Vozna was incredibly helpful, knowledgeable, and patient throughout the entire process. She made what can be a stressful time feel completely manageable and ensured everything was handled accurately. I felt confident every step of the way knowing I was in good hands. I highly recommend Anytime Accounting to anyone looking for reliable and professional accounting services!
Thank you to the Anytime Accounting team for providing high-quality and professional tax services! The filing and support process was absolutely excellent. I received a consultation from accountant Olga Vozna regarding business management for self-employed individuals. All my questions were answered clearly, and I was provided with all the necessary assistance. I highly recommend Anytime Accounting to anyone looking for a reliable accounting firm!
I had an excellent consultation with Olga Vozna.Everything was explained clearly and professionally, with practical advice tailored to my business situation. I now understand the licensing process, taxes, and hiring rules much better. The meeting was very helpful and friendly. Highly recommend this specialist to anyone starting a business in Canada!
I received advice on running a business for self-employed individuals and tax optimization. I am very satisfied with the accountant's professional approach Olga Vozna. The information was clear, understandable and presented in an accessible form. All my questions were answered in detail. Thanks to the consultation, it became clear how to properly organize income and expense accounting, what taxes need to be paid and when, as well as how to optimize expenses. You can feel their extensive experience and sincere desire to help the client. Thank you Anytime Accounting!❤️
I used this company's services. Olha calculated my taxes. I was very satisfied. Last year I started my own business and it was my first year filing a return as self-employed, so I had a lot of questions. But Olha explained everything to me and helped me figure out all the questions. I highly recommend
I’ve had several consultations with Olga regarding taxation for my self-employment income, and the experience has been very positive. She is knowledgeable, professional, and explains everything clearly while answering all of my questions. I feel confident working with her and look forward to continuing our collaboration.
Talk to an Expert
We'll walk through the tax and record-keeping side of your childcare or teaching work.
FAQ
Keep daycare purchases identifiable and document how shared costs were allocated. A single mixed grocery receipt without notes is much harder to support later. The CRA provides specific guidance on expenses for daycare in your home.
Some home costs may be partly business-related, but the calculation depends on the space used and the time it is used for daycare. Exclusive-use and shared-use spaces are not always treated the same way. Review the CRA’s home daycare expense rules before calculating the share.
Track each source separately and keep the agreement, remittance statement, and bank deposit. Separating program funding from parent fees makes reconciliations and year-end review clearer. The tax treatment should be checked against the terms of the specific program.
It depends on the actual relationship, including control, tools, financial risk, and independence. Calling someone a contractor does not settle the question. Use the CRA’s employee or self-employed factors and review the arrangement before payments begin.