π¨π¦ Canada Contractor Tax Calculator
Calculate Australian contractor/sole trader tax including income tax, Medicare levy, GST obligations, and deductible expenses for 2026-27.
Contexte de la Regle Regionale
Canada Taux et Regles
Tranches Fiscales Federales
Entrez les valeurs
Total invoiced amount (ex-GST)
Business expenses you can claim
Resultat
Entrez les valeurs ci-dessus et cliquez sur Calculer pour voir votre resultat.
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Avis : Avis : Ce calculateur utilise les regles publiques en vigueur a la date indiquee. Les resultats sont a titre informatif uniquement. Verifiez aupres des sources officielles. Derniere verification: 1 mars 2026.
Formule
Contractors pay tax on their net business income (gross minus deductible expenses). GST registration is required if turnover exceeds $75,000.
Questions Frequentes
Do contractors pay CPP in Canada?
Yes. Self-employed individuals pay both the employee and employer portions of CPP, totalling 11.90% on pensionable earnings between $3,500 and $71,300.
Do self-employed contractors pay EI?
EI is not mandatory for self-employed individuals. You can opt in through Service Canada to access maternity, parental, sickness, and compassionate care benefits.
When must I register for GST/HST?
Registration is mandatory once your revenue exceeds $30,000 in four consecutive calendar quarters. Below that threshold, GST/HST registration is voluntary.
What expenses can contractors deduct?
Common deductions include home office costs, vehicle expenses, professional fees, software, supplies, and a portion of phone and internet bills. Keep all receipts for CRA.
Is it better to incorporate or stay self-employed?
Incorporating can offer tax advantages above approximately $100,000 net income through the small business deduction (9% federal rate). Below that, the administrative costs of incorporation often outweigh the benefits.
How do I pay quarterly tax installments as a contractor?
If you owe more than $3,000 in net tax for the year, CRA requires quarterly installment payments (March 15, June 15, September 15, December 15). Failing to pay installments on time results in interest charges.
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