Terms of Service

1. Acceptance of Terms

By accessing or using Budget iT (“the Service”), you agree to be bound by these Terms of Service. If you do not agree to these terms, do not use the Service.

We may update these terms from time to time. Continued use of the Service after changes constitutes acceptance of the updated terms.

2. Account Registration

To use Budget iT, you must create an account with a valid email address and password. You are responsible for:

• Maintaining the confidentiality of your password and recovery key
• All activities that occur under your account
• Notifying us immediately of any unauthorized access

You must be at least 13 years of age to use the Service. By creating an account, you represent that you meet this requirement.

3. Plans & Pricing

Budget iT offers three tiers:

• Free — Free forever, no credit card required. Includes shift tracking, Canadian tax engine, budgeting, zero-knowledge encryption, and PWA. Limited to 3 jobs, 5 accounts, 3 goals, and 90-day transaction history.
• Plus ($4.99/mo or $49.99/yr) — Everything in Free, plus bank sync via Plaid (5 connections), investment portfolio tracking, mortgage/credit card/student loan tracking, analytics dashboard, goal tracking, debt payoff planner, receipt OCR (10/mo), and CSV/PDF export (20/mo). Up to 15 jobs, 25 accounts, 15 goals, and 1-year transaction history.
• Pro ($11.99/mo or $109.99/yr) — Everything in Plus, plus 10 bank connections, business invoicing, time tracking, client management, mileage logging, HST/GST calculations, unlimited exports and invoices, receipt OCR (50/mo), and priority support. Unlimited jobs, accounts, goals, and transaction history.

Full feature limits are available on our Pricing page.

We do not display advertisements or sell your data. We reserve the right to modify, suspend, or discontinue the Service at any time, with reasonable notice when possible.

4. Service Features

Budget iT provides personal and business financial tools including, but not limited to:

• Personal Finance — Budget tracking, accounts, transactions, transfers, pay period management, and shift scheduling
• Business & Freelance — Invoice creation and management, time tracking, client and project management, mileage logging (CRA rates), business expense tracking, and HST/GST calculations
• Bank Sync & Import — Automatic daily transaction syncing via Plaid for major Canadian banks, one-tap balance refresh, liabilities sync, recurring transaction detection, and CSV import
• Analytics & Charts — Revenue vs expense trends, spending heatmaps, budget burndown, cash flow projections, net worth tracking, and year-over-year comparisons
• Financial Planning — Goal setting, debt payoff planner, emergency fund calculator, and registered account tracking (TFSA, RRSP, RESP, FHSA). Scenario simulator coming soon.
• Investment Portfolio — Track holdings, dividends, cost basis, and portfolio performance across investment accounts
• Import & Export — CSV import, PDF report generation, and data export in multiple formats
• Receipt OCR — Optical character recognition to extract expense details from uploaded receipt images
• Gamification — Spending streaks, no-spend challenges, and savings scores to encourage healthy financial habits

Features may be added, modified, or retired over time. We will provide notice for material changes that affect existing functionality.

5. Data Ownership

You retain full ownership of all data you enter into Budget iT. Your financial data is encrypted on your device using zero-knowledge encryption before being stored on our servers.

You may export your data at any time in CSV or PDF format. If you delete your account, all associated data, encryption keys, and metadata are permanently and irreversibly deleted.

6. Encryption Disclaimer

Budget iT uses client-side AES-256 encryption with a DEK/KEK key hierarchy. Your data is encrypted before it leaves your device, and we do not have access to your plaintext financial information.

Important: If you lose both your password and recovery key, your encrypted data cannot be recovered by anyone, including us. This is a fundamental property of zero-knowledge encryption, not a limitation we can override.

7. Third-Party Integrations

Budget iT may connect to third-party services at your request, including:

• Plaid — For bank account connectivity and transaction syncing. Plaid securely connects to your financial institution on your behalf. We access only transaction, balance, and account data you authorize. Plaid's own privacy policy governs their handling of your credentials.
• Google Drive — For receipt storage and backup. We request only the minimum scopes necessary. Files are uploaded to your own Drive account; we do not access other files.
• Google Analytics — For anonymous website usage analytics (page views, session duration, device type). No financial data or personally identifiable information is shared with Google Analytics. IP anonymization is enabled. You can opt out using a browser add-on provided by Google.

You may revoke third-party access at any time through the Settings page or the third party's own permission settings. We are not responsible for the availability or data practices of third-party services.

8. Acceptable Use

You agree not to:

• Use the Service for any unlawful purpose
• Attempt to reverse-engineer, decompile, or exploit the Service
• Interfere with the operation of the Service or other users' access
• Create multiple accounts for fraudulent purposes
• Use automated tools to scrape or access the Service beyond normal use

9. Tax & Financial Calculation Disclaimer

Budget iT provides estimates of Canadian federal and provincial taxes, CPP contributions, and EI premiums based on publicly available CRA data. These calculations are for informational purposes only and do not constitute tax advice.

We are not a licensed tax preparer or financial advisor. Always consult a qualified tax professional or the Canada Revenue Agency for official tax filings. We are not liable for any discrepancies between our estimates and actual tax amounts.

Business features such as invoice totals, HST/GST remittance estimates, mileage deductions (based on CRA per-km rates), profit & loss summaries, and dashboard analytics are provided as organizational aids only and should be verified by a qualified accountant before use in any official filing.

10. Limitation of Liability

The Service is provided “as is” without warranties of any kind, express or implied. To the fullest extent permitted by law, Budget iT shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the Service.

This includes, but is not limited to, loss of data, loss of profits, or damages resulting from reliance on tax calculations provided by the Service.

11. Termination

You may delete your account at any time through the Settings page. We may also terminate or suspend your account if you violate these terms.

Upon termination, your encrypted data and all associated keys will be permanently deleted from our servers.

12. Governing Law

These terms are governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict of law principles.

13. Changes to Terms

We may revise these terms at any time. Material changes will be communicated via email or in-app notification at least 14 days before taking effect. Your continued use of the Service after changes take effect constitutes acceptance.

14. Contact

Questions about these terms? Contact us at support@budgetit.ca.