Detailed Canadian Income Tax
and RRSP Savings Calculators
Note re Windows 8 and Internet
Explorer 10: You may have to use compatibility
view to view the 2012/13 and 2011 Tax Calculators properly. If
you see a blank screen, but find the calculator is there when you scroll
down, try compatibility view. Or, you could try Chrome or Firefox.
Chrome seems to load pages faster, and doesn't have a "back
The detailed Canadian income tax calculator (select below) works for all provinces and
territories except Québec (which has its own
The income tax calculator includes most available deductions and tax
credits, and pension splitting. It is a
tax planning tool and financial planning tool, but will not actually file your tax return for you. It will be especially
useful as a tax planning tool for those who have some control over their income,
people making RRIF/RRSP withdrawals
incorporated business owners
investors trying to decide between investments
which produce capital gains, Canadian dividends, or other investment
The calculator includes links to information on many of the
non-refundable tax credits. The links open in the same window,
replacing the calculator, but when the browser Back button is clicked, the
previously entered information is still available in the calculator.
To open the links in a new window, right-click on the link, and
select "Open in New Window".
includes tax rates known as of
the date shown in the calculator.
income tax benefit (WITB) - Note:you are required to indicate in the calculator if you are eligible
for the WITB. If you indicate that you qualify, the
calculator will determine the amount you will receive, if any,
based on your income. Read the article on the WITB (above
link) to determine if you qualify.
Re WITB Rates used in the Calculator:
WITB rates for 2012 are estimated based on the federal
The article on the pension income
tax credit explains how pension splitting can result in a pension tax
credit for the spouse receiving the transferred pension.
If you want to compare different scenarios, come back to this
page to open the calculator a second time (right click the link, and select open
in new window), and compare them side by side.
To see the current tax rate tables for each province, go to the Tax
Rates page and click on the link for your province, or go to the marginal
tax rates page.
Basic Tax Calculator
If you are looking for a more simple tax calculator, see our Basic
Canadian Income Tax Calculator, where you input your income from capital
gains, Canadian eligible and non-eligible dividends, and other income, in order
to see the taxes payable for a single person.
See topics and glossary items related to the Canadian Tax
The information on this site is not intended to be a
substitute for professional advice. Each person's situation differs, and
a professional advisor can assist you in using the information on this web
site to your best advantage.
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