Should I refinance my mortgage? How much do I need to save for my child's college education? As accounting professionals, these are some of the questions that are posed to us on a daily basis. We are providing links to these interactive financial calculators and other tools to assist you with some of the day-to-day questions and concerns that may arise.

While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.  

The financial tools are provided and hosted by the CRA.  You will be directed to the CRA website upon using these tools.



Financial Calculators

Child and Family Benefits Calculators

To estimate payments to which you may be entitled, you can use the Canada Revenue Agency calculators. Calculations are based on the information you enter in the calculator fields.

Payroll Deductions Online Calculator

The Payroll Deductions Online Calculator (PDOC) calculates federal and provincial payroll deductions for all provinces (except for Quebec), and territories based on the information you provide.

Automobile Benefits Online Caculator

The Automobile Benefits Online Calculator allows you to calculate the estimated automobile benefit for employees (including shareholders) based on the information you provide. The Canada Revenue Agency (CRA) does not keep any of the data you provide to complete your calculation

Non-Resident Tax Calculator

This online tool calculates the current Part XIII (non-resident) tax payable on certain amounts paid or credited to non-residents of Canada. The calculation is based solely on information provided by you and does not include interest charges or penalties that may be applicable on balances of outstanding tax.

Tax Deduction Estimator

The estimator will determine the tax credits you may qualify for at tax time. This will help your employer or payer to determine the right amount of tax to be deducted from your income.