Income Tax Online Канада
Canada Tax Calculator 2020/20
The Canada Tax Calculator by iCalculator, is designed to allow detailed salary and income tax calculations for each province in Canada. Use the Canada Tax Calculator by entering your salary or select advanced to produce a more detailed salary calculation. If you are looking to compare salaries in different provinces or for different salary rates as part of a job search, you may prefer the salary comparison calculator which allows you to compare upto 6 salaries, side by side, so you can see which salary provides the highest take home pay.
- Select Province and enter your Annual salary. Press Calculate
- Use advanced for personal tax calculation. Press Calculate
- Instant Federal and Province Tax Calculation (2020/20 Tax Year)
Popular Canada Tax & Finance Guides and Calculators
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About the Canadian Tax Calculator
The Canadian Tax calculator calulates provincial and Federal tax and provides full tax calculations based on the latest Canadian tax rates for 2020/2020 tax year. The Canadian Salary Calculator includes income tax and salary deductions
Please contact us to request additional features on the salary calculator for Canadian income tax or to report any perceived errors on the salary calculator.
Income Tax Canada
Income tax Canada includes the payment of tax according to the federal tax rates and provincial or territorial tax rates implemented in Canada. The personal income tax in Canada is the major contributing factor in Canada government’s annual revenue.
The federal tax system in Canada allows the government to collect corporate income taxes in the country except three territories namely Alberta, Ontario and Quebec and personal income taxes in all the territories and provinces in Canada except Quebec. The Canada Revenue Agency (CRA) regulates the entire income tax process in Canada and the federal income tax is imposed under the Income Tax Act in the country.
The provincial and territorial income taxation in Canada also follows the concept of taxable income as defined by the federal tax system.
The provincial and territorial governments in Canada offer low-income tax reductions and also provide both refundable and non-refundable tax credits to the tax payers in that province or territory.
The CRA sets the tax payment deadline for the income tax Canada and taxpayers need to assess their liability and file the tax returns within that date. Apart from collecting taxes in the country, the CRA calculates the returns filed by the taxpayers and also makes corrections if required. If any disagreement occurs between the CRA and taxpayer’s calculation on the tax payment, the taxpayer may object to the assessment made by the CRA and eventually move to the Tax Court of Canada for review and re-assessment of the tax.
The rate of taxation depends on the income bracket in which the individual falls in and generally, more the income; more is the income tax rate in Canada.
The following table includes the data on federal marginal tax rates in Canada :
|$0 – $8929||0%|
|$8,929 – $37,178||15.5%|
|$37,178 – $74,357||22%|
|$74,357 – $120,887||26%|
The taxable personal income in Canada is calculated by the federal tax system in Canada and the amount to be given away as the tax by a taxpayer depends on the taxable income in the specific tax year. The various sources from where the personal income taxes can be calculated in Canada are – deduction at source, payment on filing, installment payments and arrears payment. Lottery winnings, gifts, strike pay, income coming from some international organization where Canada has membership like the UN, war disability pension etc. are some of the incomes on which tax is not levied in Canada.
Here is a comprehensive table on the income tax rate structure in Georgia.
If the income range is between $0 and $750, the tax rate on every dollar of income earned is 1% in Georgia.
If the income range is between $751 and $2,250, the tax rate on every dollar of income earned is 2% in Georgia.
If the income range is between $2,251 and $3,750, the tax rate on every dollar of income earned is 3% in Georgia.
If the income range is between $3,751 and $5,250, the tax rate on every dollar of income earned is 4% in Georgia.
If the income range is between $5,251 and $7,000, the tax rate on every dollar of income earned is 5% in Georgia.
If the income range is $7,001 and over, the tax rate on every dollar of income earned is 6% in Georgia.
How to File Your Canadian Income Taxes Online
Using NETFILE to File Your Canadian Taxes
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NETFILE is an electronic tax-filing service that allows you to send your individual income tax and benefit return directly to the Canada Revenue Agency (CRA) using the Internet and a NETFILE-certified software product.
To file your Canadian income taxes online, you first have to prepare your tax return using a commercial tax preparation desktop software package, a Web application or a product for an Apple or Android mobile device. These products must be certified for NETFILE.
When you file your taxes online, you’ll get an immediate confirmation that your return has been received. If you’ve made arrangements for direct deposit and the Canada Revenue Agency owes you a refund on your income taxes, you should get a faster refund than if you file on paper, possibly within two weeks.
However, it’s not quite as simple as hitting the send button on your email program, so leave some time to get prepared and to get comfortable with the system.
Eligibility to File Taxes Online
Although most income tax returns can be filed online, there are some restrictions. For example, you cannot use NETFILE to file a return for a year before 2013, if you are a non-resident of Canada, if your Social Insurance Number or individual tax number begins with 09 or if you went bankrupt during the preceding two years.
There are quite a few other specific restrictions, so be sure to check the full restrictions list before you begin.
Software to File Taxes Online
To file your tax return online, you must prepare your income tax form using software or a Web application certified by the CRA for the current tax year. The CRA tests and certifies software between December and March, so it is usually at least late January before a commercial tax software package or Web application is put on the approved list of certified software. Be sure the software you plan to use is certified for the current tax year. If you purchase or download your income tax software before it is certified by the CRA for use with NETFILE, you may have to download a patch from the software vendor.
Some software certified for use with NETFILE is free for individuals. Check the list of certified software and the vendor’s site for specific details.
Identification for NETFILE
Your current address must be on file with the CRA before you send your income tax return by NETFILE. Here’s how to change your address with the CRA. You won’t be able to do it through NETFILE.
You will need to provide your Social Insurance Number and date of birth when you file.
You need to provide the location of your «.tax» file containing your tax return that you prepared using NETFILE-certified tax preparation software or Web application.
If you have concerns about the security of your personal and financial information when using NETFILE, you should check the NETFILE Security page from the CRA.
NETFILE Confirmation Number
As soon as you send your income tax return online, the CRA does a very quick preliminary check of your return (usually in minutes) and sends you a confirmation number telling you that your return has been received and accepted. Keep the confirmation number.
Tax Information Slips, Receipts, and Documents
Keep all the tax information slips, receipts and documents you use to prepare your income tax return. You do not need to send them to the CRA unless the agency asks to see them. Be sure to include your telephone number on your income tax return so the CRA can contact you quickly. Your notice of assessment and tax refund may be delayed if the CRA has to contact you.
Getting Help With NETFILE
For help using NETFILE, consult the CRA’s Online Help. The Frequently Asked Questions may also be useful.
Remember, if you run into problems, you can still file the old-fashioned way—by getting a paper income tax package, filling in the paper form, attaching the schedules and receipts, and getting it to the post office in time to be postmarked by the deadline.
Calculate your Personal Income Tax in Canada for 2020 & 2020
Have you ever wondered which Canadian province or territory has the lowest or highest tax on personal income?
This presentation compares Canada’s various tax rates and puts each province/territory on the same scale, showing you how much Canadians pay taxes depending on where they live.
This is an abridged version of the full presentation.
This is an abridged version of the full presentation.
Most people have a salary where taxes are deducted automatically from the source/job on a bi-weekly basis, allowing them to have a clear vision of what their net income is. Other independent workers such as freelancers, or entrepreneurs, have to plan ahead in order to know how much they will owe back to the government. No matter the case, it is important to have a realistic view of your annual finances in order to understand how much is really available to you after paying your income taxes.
An income tax calculator will allow you to see clearly, and can also help you see the different tax brackets from province to province, which can be helpful if you’re planning to move.
The following calculator is based on the 2020 & 2020 fiscal year numbers (for taxes due in spring 2020 or 2020) and uses for its calculations the official Canadian income tax rates from the Canada Revenue Agency web site, along with the Revenu Québec web site (for the province of Québec). This calculator is updated yearly, with the new yearly rates (2020, 2021, etc.)
As with many types of taxes, the personal income tax in Canada is progressive, which means higher income is taxed at a higher rate, up to a maximum percentage. In Canada, these rates also vary from province to province, which makes it a little more complicated to compare.
For example, Alberta uses lower tax rates, which can make it attractive for people with a high income. However, for an average salary worker, British Columbia or Ontario could be more affordable (without taking into consideration cost of living).
The following calculator also includes federal tax abatement for the province of Quebec, surtaxes (applicable on provinces such as Ontario, Yukon and Prince Edward Island) and basic personal income tax credit.
Do not forget to subtract the tax-deductible amounts from your annual income, such as your RRSP contribution (Registered Retirement Savings Plan). Find out how much you save in taxes with your RRSP contributions.
Please change the suggested values with your own amounts in the blue text boxes.
Our financial calculators start with default values to suggest what to enter typically in each modifiable field, displayed as blue text boxes, in order to simulate a common scenario. Please change those values with your own. To keep track of your changes, the blue box will turn gray after they are modified.
You will also notice that our calculators behave like financial applications and recalculate automatically all values with each change instead of having to click on some extra button or going to a new result page, this is intentional and helps understand the effect of one change with the overall result in a more dynamic and instantaneous manner.
However, charts in our older calculators are not updated automatically, so if there is an «Update» button next to the chart, make sure to click on it after you make a change before you analyze it.
Filing taxes in Canada
Income tax in Canada
In Canada, income tax is administered by the Canada Revenue Agency (CRA). The Canadian income tax year is from January 1 to December 31. If you owe income tax, you must pay it by April 30 for the previous calendar year. Late submissions are accepted, but there may be a penalty.
If you are employed in Canada, your employer will deduct income tax from your wages and send this money to the CRA. In order to deduct the proper amount of income tax from your wages, your employer will ask you to complete the form TD–1. Employers will deduct an amount from each pay cheque for Canada Pension Plan (CPP) and Employment Insurance (EI).
You are responsible for determining your income tax status and paying the correct amount of tax. You can get help through the UBC Tax Assistance Clinic held in the UBC Life Building in late February and early March.
What you need to file a tax return
To file a Canadian tax return, you need either:
- a Social Insurance Number (SIN),
- OR an Individual Tax Number (ITN)
As soon as you get a SIN or ITN, enter it in your SSC account so that UBC can provide the government with accurate information for your taxes.
If you have either of these numbers but it expired and you are not currently employed, you can use the expired number for filing taxes.
Social Insurance Number (SIN)
To apply for a SIN, you must have a work permit OR a study permit which includes a condition or remark to work on and/or off campus
Individual Tax Number (ITN)
If you are not eligible for a SIN, apply for an ITN. This is especially important for students who receive scholarships, as UBC will require you to provide an ITN at the end of Term 1.
Do not apply for an ITN past February as it can take a month or more. You can send your ITN application together with the tax return to the same address specified on your ITN form.
Additional supporting documents when filing your taxes
T2202A – Tuition fees paid for the tax year. You can download your T2202A from the Student Service Centre.
T4 – Employment income and deductions. You should receive your T4 from your employer.
T4A – Scholarships and bursaries.
General Tax Forms – Available online and at all Canada Post offices
Apply for tax deductions
You may be eligible to deduct certain expenses from your tax payments. Moving expenses such as transportation and storage of personal effects, travel, and temporary accommodation may be considered eligible deductions. Save your receipts for the cost of relocating to Canada. However, you cannot deduct moving expenses if your only income at the new location is scholarship, fellowship, or bursary income that is entirely exempt from tax under the current legislation.
You may also deduct childcare expenses, Registered Retirement Savings Plan (RRSP) contributions, and union dues.
How to file your taxes
NETFILE is an electronic tax-filing option allowing you to file your income tax directly to the Canada Revenue Agency online. Tax returns filed via NETFILE must first be prepared using a NETFILE-certified product you can find on their website.
Find the forms you need to submit your tax return by paper.
Mailing your tax return
When you submit your first tax return, you should send your return to International Tax Services Office, Returns Processing Division, 2204 Walkley Road, Ottawa, ON, K1A 1A8.
If this is not your first year to file a tax return, you may be eligible to apply online, or send it to the local office at the Canada Revenue Agency, Tax Centre, 9755 King George Highway, Surrey, BC, V3T 5E1.
Do international students file taxes?
Most international students “file a tax return” (submit an income tax form to the government) to receive tax credits (money from governments or the chance to lower taxes later). International students may have to pay Canadian income tax on income earned from teaching and/or research assistantships, other employment, and investment and business income. Generally, students also have to report income they receive from outside of Canada.
The Canadian tax system is based on residency, not citizenship. Students from countries that have a tax treaty with Canada may not have to pay Canadian income tax and may be able to request that their employer stop withholding tax from their Canadian employment income with permission from CRA.
You must file a tax return if you:
Owe income tax to the government (for example, you earn significant income in Canada)
Are asked by the CRA to file a return
Even if you don’t owe any tax, you should file a tax return if you:
Expect an income tax refund from the government
Are applying for the GST/HST credit (which provides cash payments to low- and middle-income taxpayers, to help offset the costs of paying GST/HST on taxable purchases)
Are eligible to receive the child tax credit (for low- and middle-income taxpayers with children)
Might earn more income in Canada later (e.g., co-op) so want to carry-forward (i.e. save for future years) Tuition Payment and Education Credits to reduce the tax you owe in future years.
You do not need to pay taxes on your income from scholarships, fellowships, or bursaries, but you must give UBC your ITN or SIN when UBC requests it for tax purposes.
Get help filing your taxes
International Student Advisors cannot provide any tax assistance. Please use the resources below to guide you through filing your taxes.
Income Tax Calculator
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Canadian Tax Brackets
Your taxable income puts you in the following brackets:
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Income tax calculator for Ontario 2020
Calculate the total income taxes of the Ontario residents for 2020
Including the net tax (income after tax) and the percentage of tax. The period reference is from january 1st 2020 to december 31 2020.
This calculator include the non-refundable tax credit and the surtax.
Deadline for tax return
The deadline for your income tax return is April 30 th of each year. The production date can be postponed to June 15th 2020 if you or your spouse / partner run a business. However, the tax balance must be paid no later than April 30th 2020.
Additional information about income tax in Ontario
The new income tax calculatortake into consideration the CPP, EI, RRSP for both employee and self-employed individual from Ontario, Canada.
Note that gross annual income is taken into account for the calculation of annuities, plans and insurance. You can also make a simple CPP contribution calculation and without all tax numbers.
For other amounts, such as the RRSP contribution, tax credits and other deductions, changes will be made in the coming years.
Calculation of Ontario tax
The following explanation simplifies the calculation of the tax by displaying only the final result of the Net Income.
For an employee
Net Income = Taxable Income — Canadian Tax — Ontario Tax — CPP — EI
For self-employed workers
The same calculation must be made for the self-employed worker. Individuals are resident in the CPP. The self-employed must pay more than an employee.
Tax figures for 2020
Each province has its own rates and tax brackets.
The tax threshold for the basic personal credit or amount is the portion of the wage that is entitled to a tax rate of 0%. This amount is considered a non-refundable tax credit.
Table of amounts and thresholds 2020
For the Provincial, Ontario
|Amount type or threshold||Amount|
|Basic Personal MBP Amount or Credits||$ 10 582|
|Ontario tax threshold (provincial)||$ 10 582|
For the federal government, Canada
|Amount type or threshold||Amount|
|Basic Personal MPB Amount in Canada||$ 12 069|
|Tax threshold in Canada (federal)||$ 12 069|
Our Ontario tax bracket table is shown as the way we use it in our calculator with deduction of the «Basic Personal MBP Amount».
Table of provincial tax brackets rates in Ontario for 2020
|Gross taxable income brackets Ontario||Marginal tax rates|
|10 582$ or less||0%|
|10 582,01$ to 43 906$||5.05%|
|43 906.01$ to 87 813$||9.15%|
|87 813.01$ to 150 000$||11.16%|
|150 000,01$ to 220 000$||12.16%|
|220 000,01$ or more||13.16%|
For more information about Ontario tax rates brackets, visit the CRA Canada website .
Table of federal tax brackets and rates for 2020
|Taxable Gross Tax Rates||Marginal Tax Rates|
|12 069$ or less||0%|
|12 069$ to 47 630$||15%|
|47 630,01$ to 95 259$||20.50%|
|95 259,01$ to 147 667$||26%|
|147 667,01$ to 210 371$||29%|
|210 371,01$ or more||33%|
For more information about tax rates in Canada, Visit the Canada Revenue Agency .
Canadian Income Tax and Your Small Business
Preparing and Filing Canadian Income Tax
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If you operate a Canadian small business, you’ll need to file a business income tax return each year. Part of running a successful business is knowing how Canadian income taxes are filed and prepared, which can help you get the best return. This includes understanding which business expenses qualify as legitimate Canadian income tax deductions, as well as knowing how to maximize those deductions.
Canadian Income Tax Returns for Small Business
The tax return you need to complete and file for your small business depends on how your business is structured. If your business is a sole proprietorship or partnership, you report your business income on your T1 personal income tax form. Your small business is you, so to speak, and the T1 income tax return package includes Form T2125, Statement of Business or Professional Activities, which you will use to report your business income.
If your small business is incorporated, you will need to report your business income on a T2 corporate income tax return. Legally, your incorporated small business is a separate entity and must complete and file its own Canadian income tax return.
As a separate legal entity, you are also required to complete and file your own T1 personal income tax return.
Legitimate Canadian Income Tax Deductions
Before you complete your tax return or take it and all relevant forms and documents to your accountant, it’s helpful to know which business expenses qualify as Canadian income tax deductions. You can also maximize your business income tax deductions by doing the following:
- Keep track of your receipts, income tax deductions related to the cost of doing business, and income tax deductions for home-based businesses.
- Understand the rules for vehicle business expenses, travel-related expenses, employing your child or spouse, advertising expenses, and the kind of business expenses that fall into the Canada Revenue Agency’s «other» category.
- Use the Canadian Business Expenses Index to find out if a particular business expense qualifies as a legitimate Canadian income tax deduction and the rules for claiming that particular business expense.
Home-Based Canadian Income Tax Deductions
Being a home-based business owner does have some Canadian income tax advantages. Business expenses related to home maintenance and home ownership are two common types of business expenses home-based business owners often overlook.
There are also several home-based business tax deductions for which your business may qualify. Understand the rules for claiming the business-use-of-home expense and how to calculate the amount of the deduction if your home-based business is eligible.
Other Canadian Income Tax Deductions
You may also be able to make additional deductions:
- Capital Cost Allowance. No discussion of Canadian income tax and small business would be complete without mentioning capital cost allowance (CCA). Understand how to calculate CCA and how to make the most of your capital cost allowance claim.
- Registered Retirement Savings Plans. Registered Retirement Savings Plans (RRSPS) are the best way to reduce Canadian income tax deductions for small businesses that are structured as sole proprietorships or partnerships. Determine the RRSP contribution limits and how to time your RRSP contributions for maximum income tax impact.
- Scientific Research and Experimental Development. Many small businesses are under the impression that scientific research and experimental development (SR&ED) tax incentives are something that only larger or incorporated businesses can use. However, the SR&ED Tax Credit Program may also apply to your small business.
- Gifts to Employees as Canadian Income Tax Deductions. If you’re the generous kind of employer who gifts your employees, you should understand the income tax deduction rules for gifting.
Preparing Your Canadian Income Tax Returns
The following tips can assist you in preparing and filing your tax return:
- Your first business income tax return prov >
- A FAQ source can assist you in answering any questions. Canadian Income Tax FAQs for Small Businesses provide answers to questions ranging from how having a business that made no money in the relevant tax year affects your business through what to do if you can’t pay the Canadian income tax you owe.
- In terms of business tax, not all Canadian corporations are created equal. Look into the different types of corporations in Canada as they relate to Canadian corporate income tax.
Using an Accountant to Prepare Your Canadian Income Tax Returns
Many small businesses prefer to have an accountant or other certified tax preparer complete their Canadian income tax returns. Expertise and saving time are two obvious reasons, but having a tax professional’s «seal» on your small business’s Canadian income tax return can also provide assurance of accuracy.
Locate a good accountant if your small business doesn’t already have one. Also prepare your tax information beforehand, so it is clear to the accountant and they can readily determine if they have all of the necessary information.
Filing Your Canadian Income Tax
When you have an accountant or other professional income tax preparer complete your Canadian income tax return, it’s common for them to also file your income tax forms. If you are filing your Canadian income tax return yourself, the Canada Revenue Agency (CRA) offers several different options:
- Individuals—those filing T1 personal income tax returns—can file their income tax returns electronically by using Netfile if they meet the conditions. Efile is the version of Netfile used by tax preparation professionals. Electronic filing is also available for corporations.
- Individuals can also mail or hand deliver their income tax returns to the appropriate CRA tax center.
Internet Filing a T2 Corporate Tax Return
As most corporations already make use of commercial tax processing software, the CRA has implemented mandatory internet filing for corporations with a gross revenue over $1 million, although all corporations are encouraged to file electronically. The only exceptions are insurance companies, some non-resident corporations, and others with unique reporting requirements.
A corporation subject to mandatory internet filing can still send in a paper return; however, the CRA will assess a $1,000 filing penalty for additional processing.
Using the CRA Online Accounts
The CRA offers online accounts to better keep track of your tax information regardless of whether your business is incorporated. The Canada Revenue Agency Online Accounts for Businesses provides additional information including how to register.
Deciding Whether to Incorporate Your Small Business
If you are thinking about incorporating your small business, consider the advantages and disadvantages of such a move. Decreased liability—as compared to a sole proprietorship or partnership—and business tax advantages are two of the most common reasons for choosing the corporate form of business. But is it the right choice for your small business?
You should first look into the advantages and disadvantages of incorporation and determine if the pros outweigh the cons in your case. Then, look at the corporate tax advantages of the Canadian-controlled private corporation. If you are going to incorporate, this is the type of Canadian corporation you want to have as a taxable entity.
With the right knowledge, tax time can be an easy and efficient process for your small business. While you may consider business record management to be a low priority, properly managing your records throughout the year can help your business run smoothly as well as make tax time easier. You can also reduce the amount of Canadian income tax your small business owes each year, but you have to take action to make that happen.
If you have a job, you receive your salary through the monthly, bi-weekly or weekly payroll. But do you know what is payroll and how is it calculated? How do you calculate your take-home pay? How do you calculate your payroll deductions? We know, and we’ll show it to you.
Payroll is the process where the employer calculates the wages and distributes it to the employees. The company withholds taxes, CPP and EI contributions from the paycheque, and the remaining amount is paid to the employees.
In Canada there are federal and provincial income taxes paid, while CPP is a contribution to the Canada Pension Plan, and EI is a contribution to the Employment Insurance program.
The federal income tax deduction depends on the level of the annual income, and it ranges between 15% and 33%. The provincial income tax deduction also depends on the annual income, but it has different rates from province to province.
Contributions to the Pension Plan guarantees that the contributor or his/her family will receive a partial replacement of earnings in case of retirement, disability or death. Residents of Quebec are contributing to the Quebec Pension Plan (QPP), while all other Canadian workers are contributing to the Canada Pension Plan (CPP).
The contribution to the Employment Insurance program assures that if you lose your job, you’ll receive a temporary income while you are looking for new employment. The program also provides benefits to workers who take time off due to life events (e.g pregnancy).
Usage of the Payroll Calculator
- Select the year: you can use the calculator to compare your salaries between 2020, 2020 and 2020.
- Select the province: the calculator is updated with the tax rates of all Canadian provinces and territories.
- Enter your pay rate: the amount can be hourly, daily, weekly, monthly or even annual earnings.
- Enter the number of hours worked a week: this is required information only if you selected the hourly salary option.
- Enter the number of pay periods
Please note that the calculator on this site is for informative purposes only and is not intended to replace professional advice.
If you want to use the tax calculator instead, click here.