We created this tax calculator for Canadian users that want to check calculations quickly. This is for informational purposes only. Consult an expert CPA or tax professional. You may need advanced tax software if you have many trades.
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How to Use Our Calculator
- Begin by entering your financial information for the year 2025.
- Input your total income, the amount you invested in cryptocurrency, and the amount you received from cryptocurrency sales.
- Click the "Calculate Tax" button to process your data.
- The calculator will quickly estimate your federal and provincial tax obligations.
- You'll see the results, including federal tax, provincial tax, and the total tax owed.
How it's Calculated
Our Canadian Tax Calculator uses a precise method to estimate your tax liability. Here's how it's calculated:
- It starts by calculating your capital gains from cryptocurrency transactions, while we keep in mind that only 50% of the gain is taxable.
- Then, it combines your capital gains with your reported income for the year.
- Then, based on your province, it factors in additional provincial taxes based on the respective provincial tax rates.
- Finally, it sums up both federal and provincial taxes to display your total tax owed.
2025 Federal Tax Rates
| Tax Rate |
Taxable Income Threshold |
| 14.5% |
Up to $57,375 of taxable income |
| 20.5% |
Between $57,375 and $114,750 |
| 26% |
Between $114,750 and $177,882 |
| 29% |
Between $177,882 and $253,414 |
| 33% |
On any taxable income exceeding $253,414 |
2025 Provincial & Territorial Rates
Each province and territory in Canada has its own additional tax rates.
Alberta
| Tax Rate |
Taxable Income Threshold |
| 8% |
Up to $60,000 |
| 10% |
Between $60,000 and $151,234 |
| 12% |
Between $151,234 and $181,481 |
| 13% |
Between $181,481 and $241,974 |
| 14% |
Between $241,974 and $362,961 |
| 15% |
On any taxable income exceeding $362,961 |
British Columbia
| Tax Rate |
Taxable Income Threshold |
| 5.06% |
Up to $49,279 |
| 7.7% |
Between $49,279 and $98,560 |
| 10.5% |
Between $98,560 and $113,158 |
| 12.29% |
Between $113,158 and $137,407 |
| 14.7% |
Between $137,407 and $186,306 |
| 16.8% |
Between $186,306 and $259,829 |
| 20.5% |
On any taxable income exceeding $259,829 |
Manitoba
| Tax Rate |
Taxable Income Threshold |
| 10.8% |
Up to $47,564 |
| 12.75% |
Between $47,564 and $101,200 |
| 17.4% |
On any taxable income exceeding $101,200 |
New Brunswick
| Tax Rate |
Taxable Income Threshold |
| 9.4% |
Up to $51,306 |
| 14% |
Between $51,306 and $102,614 |
| 16% |
Between $102,614 and $190,060 |
| 19.5% |
On any taxable income exceeding $190,060 |
Newfoundland and Labrador
| Tax Rate |
Taxable Income Threshold |
| 8.7% |
Up to $44,192 |
| 14.5% |
Between $44,192 and $88,382 |
| 15.8% |
Between $88,382 and $157,792 |
| 17.8% |
Between $157,792 and $220,910 |
| 19.8% |
Between $220,910 and $282,214 |
| 20.8% |
Between $282,214 and $564,429 |
| 21.3% |
Between $564,429 and $1,128,858 |
| 21.8% |
On any taxable income exceeding $1,128,858 |
Northwest Territories
| Tax Rate |
Taxable Income Threshold |
| 5.9% |
Up to $51,964 |
| 8.6% |
Between $51,964 and $103,930 |
| 12.2% |
Between $103,930 and $168,967 |
| 14.05% |
On any taxable income exceeding $168,967 |
Nova Scotia
| Tax Rate |
Taxable Income Threshold |
| 8.79% |
Up to $30,507 |
| 14.95% |
Between $30,507 and $61,015 |
| 16.67% |
Between $61,015 and $95,883 |
| 17.5% |
Between $95,883 and $154,650 |
| 21% |
On any taxable income exceeding $154,650 |
Nunavut
| Tax Rate |
Taxable Income Threshold |
| 4% |
Up to $54,707 |
| 7% |
Between $54,707 and $109,413 |
| 9% |
Between $109,413 and $177,881 |
| 11.5% |
On any taxable income exceeding $177,881 |
Ontario
| Tax Rate |
Taxable Income Threshold |
| 5.05% |
Up to $52,886 |
| 9.15% |
Between $52,886 and $105,775 |
| 11.16% |
Between $105,775 and $150,000 |
| 12.16% |
Between $150,000 and $220,000 |
| 13.16% |
On any taxable income exceeding $220,000 |
Prince Edward Island
| Tax Rate |
Taxable Income Threshold |
| 9.5% |
Up to $33,328 |
| 13.47% |
Between $33,328 and $64,656 |
| 16.6% |
Between $64,656 and $105,000 |
| 17.62% |
Between $105,000 and $140,000 |
| 19% |
On any taxable income exceeding $140,000 |
Quebec
| Tax Rate |
Taxable Income Threshold |
| 14% |
Up to $53,255 |
| 19% |
Between $53,255 and $106,495 |
| 24% |
Between $106,495 and $129,590 |
| 25.75% |
On any taxable income exceeding $129,590 |
Saskatchewan
| Tax Rate |
Taxable Income Threshold |
| 10.5% |
Up to $53,463 |
| 12.5% |
Between $53,463 and $152,750 |
| 14.5% |
On the amount over $152,750 |
Yukon
| Tax Rate |
Taxable Income Threshold |
| 6.4% |
Up to $57,375 |
| 9% |
Between $57,375 and $114,750 |
| 10.9% |
Between $114,750 and $177,882 |
| 12.8% |
Between $177,882 and $500,000 |
| 15% |
On the amount over $500,000 |
