Canadian Income Tax Calculator

I have posted this before, but I think it is worth while to post it again now that it is Tax season. Estimate your provincial and federal taxes and even compare it to other provinces. Great tool to know what taxes you might owe come March.

Canadian Federal and Provincial Income Tax Calculator

Calculate your Marginal Tax rate

I just found this neat income tax calculator if you want to get a rough idea of how much income tax you will have to pay this year, and how that compares to other provinces. Remember, this is just an estimate and doesn't take into account your deductions and other items.

Income Tax Calculator

Here is the difference between Quebec and Ontario at $60000 income (about $4000 a year).

Gatineau Budget 2008

Property Tax increase: 1.9% plus 0.5% to continue implementing the fire safety cover plan (2.4% total)

Summary

Gatineau Taxes - the Biggest Lie

Lets start with property taxes:
A 2000 sq.ft home in Ottawa on a 50 x 100ft lot (approx) taxes are about $3,000 a year.
In Gatineau : $5,600 a year!

Difference? $50 a week

Income taxes:
Based on a Salary of $60,000
Ontario net per paycheck : $2,000
Gatineau net per paycheck : $1,600

Difference? $200 a week

So if you are a home owner with a $250,000 house and a $60,000 a year job, you WILL PAY about $13,000 more taxes PER YEAR than your conterpart living in Ottawa. Read that again - Gatineau taxes are THIRTEEN THOUSAND DOLLARS more ...