- Canada Revenue Agency Online Calculator Once you have calculated the gross or the total amount of your pension before deductions this calculator can help you to derive what your net or "take home" pension will be. It can determine what Federal and Provincial tax will be deducted from your Pension. Please keep in mind that if you are planning to maintain your health and dental coverage that those deductions are on top of whatever taxes will be deducted.
The CRA Online Calculator is a general tax calculator and is designed to be used for different sectors. Because of this it would be advisable to download the instructions on how to use the CRA Calculator below.
- How to use the Canada Revenue Agency Online Calculator