Canadian Tax and
Financial Information
Calculators does not research or endorse any product   or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?

Need an accounting, tax or financial advisor? Look in our Directory.      Stay Connected with!      Internet Explorer - Use compatibility view for calculators to work properly!

What's New
Personal Tax
Sales Taxes
Free in 30!
Financial Planning
Real Estate
Stocks Bonds etc.
British Columbia
Atlantic Provinces
Federal Budget
Provincial Budgets
Statistics etc.
Site Map
Advertise With Us
Contact Us/About Us
Links & Resources

Canadian Financial and Income Tax Calculators

Let our free Canadian calculators assist you in your income tax planning and financial planning.  Our detailed income tax calculators include most deductions and tax credits, and can help you determine how much you should contribute to an RRSP to save income tax.

Note re Internet Explorer:  You may have to use compatibility view to view and print some of our 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 button" problem.

Some of our calculators will retain information for the next time you use them - if you don't want this to happen (perhaps you're on a public computer), click the Reset button before closing the web page.  If you want the information to be retained, ensure that your browser is set appropriately:

bulletInternet Explorer (IE) - Tools, Internet Options, Privacy, Advanced - make sure that "always allow session cookies" is checked.
bulletChrome - Settings, Advanced Settings, Privacy, Content settings, Allow local data to be set.
bulletFirefox - Tools, Options, Privacy - under History where it says "Firefox will:", change to "Use custom settings for history".  Then make sure that "Accept cookies from sites" is checked.  Accept third-party cookies - this setting doesn't matter.  Keep until - this should be set to "they expire" or "ask me every time".

JavaScript errors - if you are getting a JavaScript error when you open one of our calculators, it is not likely that the calculator will work properly.  See for how to enable JavaScript.

Canadian Income Tax Calculators

Basic Canadian Income Tax Calculator

Enter your income from Canadian eligible and non-eligible dividends, capital gains, and other income, see taxes payable for every province and territory, as well as your marginal tax rate for Canadian eligible and non-eligible dividends, capital gains, and other income.  Shows results for several years for a single person, and includes the basic personal exemption and dividend tax credits.

Detailed Canadian Income Tax and RRSP Savings Calculators

The detailed income tax calculators include the calculation of most available deductions and tax credits.  They also show how much you will save from your RRSP contribution.  The 2014/2015 calculators include the Family Tax Cut, which is a form of notional income splitting for couples with children under 18.

Canadian Income Tax Calculators - for all provinces and territories except Quebec

Available for the 2008 to 2015 tax years.

Quebec Income Tax Calculators

Available for the 2009 to 2015 tax years.  Une version française est également disponible.

Investment Income Tax Calculator

See the big difference in income taxes payable with different types of investment income.  See how total taxes can be reduced even as the OAS clawback is increased.

Employee Tools Deductions Calculator

Calculate the tradesperson's tools deduction and apprentice mechanic's tools deduction, as well as the adjusted cost of employee tools, and amount to include in income when tools are sold (if there has been a previous tool deduction taken for the sold tools).  See our article on Employee Tools Deductions for more information.

US Estate Tax Calculator

US Estate Tax Calculator

TFSA, Retirement Income, RRSP and RRIF Withdrawal Calculators

Annual Retirement Income Calculator

Input your investment total to see how long your money will last at different rates of return.

CPP Retirement Pension Calculator

The CPP retirement pension calculator will show you how much Canada Pension Plan (CPP) retirement pension you will collect, depending on the age at which you decide to start collecting.

TFSA vs RRSP calculator

This calculator can help you decide which type of account is better for you.

RRSP/RRIF Withdrawal Calculator

Determine before-tax income, minimum withdrawals, how long your RRIF will last.  Use if you haven't yet transferred to a RRIF, also works for RRIFs already set up.  This calculator includes the RRIF factors proposed by the Federal 2015 Budget, with an option to use the old factors.  The old factors are for RRIFs set up after 1992.  If you have a RRIF set up before 1993 and want to use the old factors, use the RRIF Withdrawal Calculator.

RRIF Withdrawal Calculator

This calculator uses RRIF factors which are no longer in effect.  The RRIF Withdrawal Calculator will eventually be removed, since the federal budget received Royal Assent on June 23, 2015, and the RRIF factors are now the same regardless of when the RRIF was created.  Use the above RRSP/RRIF Withdrawal Calculator.

Calculators re Debt / RRSPs

Loan and Mortgage Calculator

See how you can save interest.

Borrow for RRSPs Calculator

Should you borrow to contribute to RRSPs?

RRSP vs Mortgage Calculator

Should you pay down your mortgage, or contribute to an RRSP?

Investing Calculators

Net Worth Calculator

Monitor your financial progress.

Investment Income Tax Calculator

See the big difference in income taxes payable with different types of investment income.  See how total taxes can be reduced even as the OAS clawback is increased.

Rule of 72 Calculator

How long will it take to double your investment?  This calculator will tell you.

Borrow to Invest Calculator

See the advantages of borrowing to invest in stocks/ETFs.  Works for all provinces and territories, including Québec.

Investment Return Calculator

What returns are you getting on your investments?

Present Value and Future Value Calculator

What do you need to invest today to achieve the desired amount in the future?


Revised: August 18, 2015



Copyright © 2002 - 2015 Boat Harbour Investments Ltd. All Rights Reserved  See Reproduction of information from

Facebook  | Twitter  |  Google + |  Monthly Newsletter Sign-up  What’s New E-mail Notification RSS News Feed
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.
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.