The tax filing deadline for the new tax year is fast approaching and this income tax calculator can help to estimate how much tax you will need to pay. Never miss a deadline with the Money Dates reference guide.

Use this Canadian calculator to quickly estimate the taxes you owe based on your taxable income.

Use this Income Tax Calculator to estimate the taxes you owe based on your taxable income and the province you live in. The calculator provides an estimate using the  marginal tax rates as of January 2024. It takes into account all applicable federal and provincial taxes, surtaxes, and the basic personal tax credit, offering a comprehensive view of your potential tax liability.

The Average Tax Rate is calculated by dividing the Taxes Payable by your Taxable Income, providing insight into the proportion of your income that goes toward taxes. This tool can help you better understand your overall tax burden and plan accordingly for your financial situation. Whether you’re an individual taxpayer or managing your finances, this calculator offers a simple way to get a clearer picture of your taxes based on your income level and location.

The tax calculator is updated yearly, once the federal government has released the year’s income tax rates.

To help with your planning, try these related calculators:

• Taxes and Investment Income
• Final Tax Bite
• RRSP Tax Savings
• TFSA vs Taxable Income

Consumer-facing
These consumer-facing financial calculators can be embedded in your web site quickly and easily.

Responsive
Calculators are easy-to-use and fully responsive on any device – phone, tablet, laptop or desktop.

Full Branding
Calculators can be fully branded according to your branding style guide. You’ll be up and running with a quick turnaround.

The calculator can be viewed for free up to five (5) times.
To use the full-featured versions of these calculators in FreshPlan, please contact us.