Babysitting vs Home Daycare

[Lee-Bee]

Babysitting is income and all income is supposed to be claimed. It often isn't but I am pretty certain the government isn't going to be forgiving of a grown adult, working full time and calling themselves a babysitting to avoid paying taxes. They may forgive a teen who babysits occasionally.

you set yourself up for trouble by trying to stay under the table. You can agree to not give receipts with a family but come tax time they can demand it and you legally have to give it. If you cut them a deal with lower fees for under the table you will now be out that extra pay and still paying taxes.

I am not 100% sure on the legalities of ratios etc but I am quite certain if you are in Ontario and are caring for multiple children regularly you are considered a home daycare no matter what you want to call yourself and you will be fined. They have made it pretty clear that ignorance of the rules will not mean you get off without being fined!