Canadian Income Tax Calculator 2012
There are big savings for filing on time even if you can't pay all your taxes right away.
Find out how much 2011 income tax you owe in Canada in one easy step.
If you would like to know the income tax for 2014, 2013, 2011, 2010 or 2009 see our 2014 income tax calculator, 2013 income tax calculator, 2011 income tax calculator, 2010 income tax calculator or 2009 income tax calculator.
Don't forget to file your taxes on time. There are big savings by filing on time, even if you can't pay all your taxes right away.
These calculations do not include non-refundable tax credits other than the basic personal tax credit.
These rates give you a basic of idea of how much tax you should pay, but depending on your employment and business and personal circumstances you could pay a lot less. Be sure to visit a competent tax advisor before filing your return.
The RRSP contribution limit is based on 2012 maximum contribution limits. This actual contribution limit may be higher if there are unusued RRSP contributions from prior years.