MTC – My Tax Calculator: Accurate Canadian Tax Estimator
MTC – My Tax Calculator is a simple, powerful, and accurate Canadian tax calculator designed to help you understand your income, estimate taxes, and plan your finances efficiently. Whether you’re an employee, self-employed, freelancer, or planning RRSP contributions, MTC gives you clear, instant results—anytime, anywhere.
Disclaimer: MTC is not affiliated with, endorsed by, or sponsored by the Government of Canada or any provincial government. All calculations are estimates for general information only. Official government sources are cited below.
? Key Features
? 1. Employment Income Tax Calculator
Enter annual salary and instantly see estimated taxes
Automatic breakdown by federal and provincial tax
Supports all provinces and territories
Official sources: Federal Tax Brackets
, Provincial Tax Rates
? 2. Self-Employed / Freelance Tax Calculator
Calculate taxes for business income (T2125)
Includes net profit, CPP contributions, and tax estimates
Perfect for gig workers, freelancers, contractors, and small businesses
Official source: CPP Contributions
? 3. RRSP Contribution Calculator
See how RRSP contributions can reduce your taxable income
Instant tax-saving estimates
Great for retirement planning
Official source: RRSP Deduction Limits
? 4. Tax Savings & Deductions Planner
Estimate potential deductions
Identify ways to legally reduce your tax burden
Optimize financial planning
? 5. Mortgage & Debt Calculators
Calculate payments, interest, and timelines
Useful for budgeting and financial planning
✅ Why Users Love MTC
Fast, accurate, and easy to use
Designed specifically for Canadian tax rules
Clean and modern interface
No signup required
Suitable for both beginners and professionals
?? Made for Canadians
Automatically adapts tax calculations to your province (Ontario, Alberta, BC, Quebec, etc.)
Supports employees, students, newcomers, freelancers, and small business owners
? Plan Smart. Save More.
With MTC, you can:
Estimate your refund or tax payable
Understand how taxes affect your income
Make better financial, career, or investment decisions
Track your tax outlook before year-end
Improve budgeting with clear projections
? Privacy First
All calculations happen on your device only
No personal information is collected or stored
? Perfect for Tax Season
MTC is ideal for Canadians looking for a clean, fast, and accurate tax tool to plan their finances effectively.
? Official Government Sources
Federal Tax Brackets: https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canada-personal-income-tax-brackets.html
Provincial Tax Rates: https://www.canada.ca/en/revenue-agency/services/tax/individuals/provincial-territorial-tax-rates.html
CPP Contributions: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/deductions/cpp-contributions.html
RRSP Deduction Limits: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-retirement-savings-plan-rrsp.html
FHSA Rules: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account.html
Home Buyers’ Plan: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/home-buyers-plan.html