Canadian Side Hustle Tax Calculator

Estimate your self-employment taxes for your freelance or gig work. Based on 2024 CRA tax rates.

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Your Estimated Tax

Net Profit (Taxable Income):
Estimated CPP/QPP:
Estimated Federal Tax:
Estimated Provincial Tax:
Total Estimated Tax:
Aim to save of your net profit for taxes.

How It's Calculated

This tool estimates your tax bill by calculating your Canada Pension Plan (CPP) or Quebec Pension Plan (QPP) contributions, and then applying the 2024 federal and provincial/territorial tax brackets to your net self-employment income (Gross Income minus Business Expenses). The Basic Personal Amount tax credit is factored into the calculation.

Important Disclaimer

This calculator is for informational and estimation purposes only. Tax laws are complex and change regularly. This tool does not constitute financial, tax, or legal advice. Consult with a qualified professional accountant or tax advisor to understand your specific tax situation. We assume no liability for any actions taken based on the information provided by this tool.