Last updated: April 17 2014

Quickly Estimate Total Taxes Payable

The Income Tax Estimator is a simple calculator that will help quickly and accurately determine the total income, net income, taxable income, non-refundable credits, and taxes payable for either a single taxpayer or a couple. Federal GST/HST Credits and Child Tax Benefit amounts are also estimated.

This is a simple, one page calculator that helps to determine total taxes paid for individuals and/or couples based on different combinations of income sources. It is also a critical tool for every advisor who wants to show clients the benefits of an RRSP contribution, the effect of dividends on net income, how to pension income split, and how to structure income to avoid a clawback of Old Age Security or other income-tested government benefits like the Child Tax Benefits for families.

Check it out today!