Salary Tax Calculator
Estimate what actually hits your bank after income tax, CPP, EI, and an optional RRSP contribution.
Your pay details
Use employment income before tax. RRSP here means a personal deduction, not a payroll pension plan.
How much actually hits your bank?
$0
Estimated annual take-home after income tax, CPP, and EI.
Pay breakdown
RRSP contribution optimizer
Try an RRSP deduction
Estimated refund
$0
Tax saved by the RRSP deduction
After-refund cost
$0
Contribution minus estimated refund
Marginal tax rate
0%
Approximate refund rate on the next dollar
Add an RRSP contribution to estimate how much tax could come back at filing time.
The calculator separates payroll deductions from the RRSP refund so you can see normal cash flow and tax-time impact.
Estimate uses basic employment income, 2026 bracket assumptions, CPP/QPP, CPP2, EI/QPIP, and no special credits beyond simplified base credits.
Federal bracket breakdown $0 tax
Provincial bracket breakdown $0 tax
Salary tax calculator FAQs
Use this as a planning estimate for employment income. It answers the practical questions behind a paycheque: what reaches your account, what is being withheld, and how an RRSP deduction could change the tax-time result.
How is take-home pay calculated?
Take-home pay starts with gross employment income and subtracts federal income tax, provincial or territorial income tax, CPP or QPP, CPP2 or QPP2 where applicable, and EI or QPIP. The calculator then converts the annual result into monthly and paycheque views.
Your real deposit can differ if your employer deducts benefits, union dues, pension contributions, stock plan purchases, taxable benefits, or extra tax requested on payroll forms.
How does the RRSP refund estimate work?
An RRSP contribution generally reduces taxable income. The calculator compares tax before the RRSP deduction with tax after the deduction and shows the difference as the estimated refund.
The refund is tax relief, not extra investment return. It matters most when your current tax rate is meaningfully higher than the tax rate you expect when withdrawing later.
What does net after RRSP mean?
Net after RRSP shows estimated after-tax pay after setting aside the RRSP contribution amount. It helps answer a cash-flow question: after making the contribution, how much money is still available for bills, spending, debt payments, and other savings?
Marginal tax rate vs effective tax rate
Your marginal tax rate is the tax on the next dollar of taxable income. Your effective tax rate is total deductions divided by gross income. Use marginal rate for RRSP decisions because the deduction usually saves tax at the rate applying to your top slice of taxable income.
Why the bracket breakdown matters
Federal and provincial brackets are progressive. A higher salary does not mean every dollar is taxed at the highest displayed rate. The bracket bars show which slices of taxable income are being taxed and where the current salary sits.
Source notes and limits
This is an educational estimate based on common bracket math and simplified payroll assumptions. Before filing or making a large contribution, confirm your RRSP room, taxable benefits, credits, province of residence, and payroll setup.
Last reviewed: June 11, 2026