This income tax calculator helps you to estimate your federal & provincial tax liability or potential refund across Canadian provinces for the 2025 tax year.
How this income tax calculator works
Plug in numbers related to your income as well as province and we will provide you with an estimate on taxes owed or possible refund for the 2025 tax year. This calculator will also show you your average tax rate paid based on your income.
Ontario income tax calculator
This calculator can help you calculate your provincial Ontario tax amount as well as Federal taxes to be paid based on your income for the 2025 tax year. To provide you with an estimate you will need to enter your income, deductions, investment gains, dividends and taxes already paid. It is important to realize that this calculation is an estimate and you should consult a tax professional.
How to reduce income taxes paid in Canada
There are effective strategies that you can use to help reduce the total tax that you pay in Canada. The first would be using tax advantaged accounts such as the Tax Free Savings Account (TFSA) to reduce taxes you would otherwise have to pay on your investments. Other investment accounts include the Registered Retirement Savings Account (RRSP) and the First-Home Savings Account (FHSA).
It is also important to understand and claim all eligible deductions and credits that are applicable to you.