🇨🇦 Canada Income Tax Calculator

Total Tax = Federal Tax + Provincial Tax

Both use: Gross Income − Deductions = Taxable Income
Taxable Income × Progressive Rates = Tax
Tax − Non-Refundable Credits = Tax Payable

BPA reduces federal tax via a non-refundable credit:
Credit = BPA × 15% (lowest federal rate)

2024: $15,705 → Credit of $2,356
2025: $16,129 → Credit of $2,419

Effectively: first ~$16,000 of income = 0% federal tax

CPP1: 5.95% on earnings $3,500 – $71,300
CPP2: 4.00% on earnings $71,300 – $81,900 (new 2025)
Max CPP1: ~$4,034.10/year
Max CPP2: ~$428.00/year

Self-employed pay BOTH halves = 11.9% (CPP1)

Rate: 1.64% (reduced from 1.66% in 2024)
Max insurable: $65,700
Max premium: ~$1,077.48/year
Quebec rate: 1.31% (separate QPIP)

Self-employed: optional participation

RRSP contributions reduce taxable income dollar-for-dollar
2025 limit: 18% of 2024 earned income, max $32,490

Tax saving = Contribution × Marginal Rate
$5,000 RRSP at 40% combined marginal = $2,000 saved

This calculator stores confirmed CRA data for all years.
It auto-selects the current tax year (calendar year).
When CRA releases new brackets each fall, the data
is updated — calculator always uses the latest numbers.
Projected years are clearly marked as "est."