These calculations are approximate and include the following non-refundable tax credits: the basic personal tax amount, CPP/QPP, QPIP and EI premiums, and the Canada employment amount. After-tax income is your total income net of federal tax, provincial tax, and payroll tax. Estimated balance owing is an estimate of your tax liability after accounting for the basic tax-deductions mentioned above.
Rates are up to date as of September 5, 2020.