Canadian Tax Estimator

Description:
Canadian Tax Estimator is a simple tax‑planning app that helps you quickly estimate your Canadian income taxes and explore “what-if” scenarios - without waiting for tax season. The app includes estimates for the current tax year, so you can plan ahead during the year instead of waiting until official tax software becomes available after year-end.

Core estimates:
• Select a tax year and province/territory
• Enter total income and common deductions (e.g., RRSP contributions, capital losses)
• Get estimated federal tax, provincial/territorial tax, and combined tax
• View estimated after‑tax income, average tax rate, and marginal tax rate

RRSP “what-if” tax reduction and refund estimate:
After generating your initial estimate, you can enter an additional RRSP contribution amount to see how it may affect your results. The app will calculate:
• Updated (reduced) federal and provincial/territorial tax estimate
• Estimated total tax reduction
• A refund-style estimate based on the additional RRSP contribution
• Updated after‑tax income and updated average/marginal tax rates

This makes it easy to compare scenarios and understand the potential impact of contributing more to your RRSP before year‑end.

Official Government Information Sources :
The tax brackets, rates, and thresholds used in this app are based on publicly available information provided by the Government of Canada and provincial/territorial tax authorities.
You can verify this information at the official sources below:

* Canada Revenue Agency (CRA) — Federal tax rates, rules, and guidance:
https://www.canada.ca/en/revenue-agency

* CRA: Personal Income Tax Rates (official source):
https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates.html

* Provincial and Territorial Tax Rates—Official pages can be accessed via the Government of Canada:
https://www.canada.ca/en/finance/programs/federal-transfer-payments/provincial-territorial-tax-information.html

Disclaimer:
This app is not affiliated with, endorsed by, or sponsored by the Government of Canada or any provincial/territorial government. It is an independent tool that provides estimates only.

The results are estimates and must not be used to file an official tax return. Always confirm your calculations using official CRA resources or consult a qualified tax professional.

For official assistance or advice, please contact:
* Canada Revenue Agency (CRA): 1-800-959-8281 or https://www.canada.ca/en/revenue-agency
* A licensed tax professional or accountant
* Your provincial or territorial tax authority