This calculator provides estimates based on projected 2025 Canadian tax rates and regulations. While we strive for accuracy, actual tax obligations may vary based on individual circumstances, deductions, and specific provincial regulations. Always consult a tax professional for personalized advice.

Canadian freelancers can typically deduct legitimate business expenses including home office costs, supplies, equipment, professional fees, advertising, vehicle expenses (for business use), and travel expenses directly related to business activities. The calculator allows you to input business expenses to reduce your taxable income.

Contributions to a Registered Retirement Savings Plan (RRSP) are deducted from your taxable income. This means every dollar you contribute reduces your taxable income by that amount, potentially lowering your tax bracket and overall tax liability. The calculator factors in RRSP contributions to determine your taxable income.

Yes, as a freelancer in Canada, you're required to pay both federal income tax and provincial/territorial income tax. The combined rate varies significantly by province, which is why our calculator allows you to select your province of residence for accurate calculations.

Freelancers in Canada typically make quarterly tax installments to the Canada Revenue Agency (CRA). These payments are due on March 15, June 15, September 15, and December 15. If you expect to owe more than $3,000 in taxes for the year (or $1,800 in Quebec), you'll likely need to make installment payments.