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Canadian Income Tax Calculator

Canadian Income Tax Calculator
  • #: 10787
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2010-02-25
  • Current Version: 1.1
  • 1.1
  • Size: 0.10 MB
  • Language: English
  • Seller: Maharaj Media Corporation
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 2.2.1 or later
  • © 2009 Maharaj Media Corp.
  •  Add to Favorite apps

 

Description

SPECIAL OFFER: $0.99 for a limited time for tax season.

Welcome to the first Canadian personal income tax calculator in the AppStore.

Created by Canadian Chartered Accountants, the Tax Calculator is an invaluable tool for individual taxpayers, self-employed individuals and owners of small businesses.

Simply choose your province and enter in your various sources of income to get an estimate of your personal taxes payable and effective tax rate.

Not sure what amount to put in to your RRSP this year? Enter your taxable income followed by different RRSP contribution amounts to instantly see the tax effect to help you make your decision.

Small business owners can immediately see the tax advantage of different combinations of salary and/or dividends from their company, enabling them to make key financial decisions to minimize their taxes and maximize what's in their pocket.

Investors now have an on demand tool to see the tax consequences of investments earning capital gains, dividends or interest.

Note that the purpose of the tax calculator is to illustrate the approximate personal taxes payable and effective tax rate based on the inputs by the user. The results of the tax calculator should not be considered tax planning advice and are for illustrative purposes only.

Features

- Covers all provinces and territories (except Quebec)

- Calculates CPP and EI premiums on employment and self-employment (CPP only) income

- Calculations account for the basic personal exemption, dividend tax credit and employment tax credit

- Accounts for surtaxes in relevant provinces

- Easily compare the tax rates in different provinces

What's New in Version 1.1

SPECIAL OFFER: $0.99 for a limited time for tax season.

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The information may be outdated (2011-03-27 10:21:51). For actual information go to iTunes

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