Canada RRSP Calculator 2022
RRSP contributions can help change your tax outcome.Use our handy calculator to crunch the numbers and estimate how RRSPs make a difference!
Federal and Provincial tax brackets
Your taxable income places you in the following tax brackets.
| Federal tax bracket | Federal tax rates | Newfoundland and Labrador tax bracket | Newfoundland and Labrador tax rates | Prince Edward Island tax bracket | Prince Edward Island tax rates | Nova Scotia tax bracket | Nova Scotia tax rates | New Brunswick tax bracket | New Brunswick tax rates | Quebec tax bracket | Quebec tax rates | Ontario tax bracket | Ontario tax rates | Manitoba tax bracket | Manitoba tax rates | Saskatchewan tax bracket | Saskatchewan tax rates | Alberta tax bracket | Alberta tax rates | British Columbia tax bracket | British Columbia tax rates | Yukon tax bracket | Yukon tax rates | Northwest Territories tax bracket | Northwest Territories tax rates | Nunavut tax bracket | Nunavut tax rates |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $50,197 or less | 15.00% | $39,147 or less | 8.70% | $31,984 or less | 9.80% | $29,590 or less | 8.79% | $44,887 or less | 9.40% | $46,295 or less | 15.00% | $46,226 or less | 5.05% | $34,431 or less | 10.80% | $46,773 or less | 10.50% | $131,220 or less | 10.00% | $43,070 or less | 5.06% | $50,197 or less | 6.40% | $45,462 or less | 5.90% | $47,862 or less | 4.00% |
| $50,198 to $100,392 | 20.50% | $39,148 to $78,294 | 14.50% | $31,985 to $63,969 | 13.80% | $29,591 to $59,180 | 14.95% | $44,888 to $89,775 | 14.82% | $46,296 to $92,580 | 20.00% | $46,227 to $92,454 | 9.15% | $34,432 to $74,416 | 12.75% | $46,774 to $133,638 | 12.50% | $131,221 to $157,464 | 12.00% | $43,071 to $86,141 | 7.70% | $50,198 to $100,392 | 9.00% | $45,463 to $90,927 | 8.60% | $47,863 to $95,724 | 7.00% |
| $100,393 to $155,625 | 26.00% | $78,295 to $139,780 | 15.80% | more than $63,969 | 16.70% | $59,181 to $93,000 | 16.67% | $89,776 to $145,995 | 16.52% | $92,581 to $112,655 | 24.00% | $92,455 to $150,000 | 11.16% | more than $74,416 | 17.40% | more than $133,638 | 14.50% | $157,465 to $209,952 | 13.00% | $86,142 to $98,901 | 10.50% | $100,393 to $155,625 | 10.90% | $90,928 to $147,826 | 12.20% | $95,725 to $155,625 | 9.00% |
| $155,626 to $221,708 | 29.00% | $139,781 to $195,693 | 17.80% | $93,001 to $150,000 | 17.50% | $145,996 to $166,280 | 17.84% | more than $112,655 | 25.75% | $150,001 to $220,000 | 12.16% | $209,953 to $314,928 | 14.00% | $98,902 to $120,094 | 12.29% | $155,626 to $500,000 | 12.80% | more than $147,826 | 14.05% | more than $155,625 | 11.50% | ||||||
| more than $221,708 | 33.00% | $195,694 to $250,000 | 19.80% | More than $150,000 | 21.00% | more than $166,280 | 20.30% | More than $220,000 | 13.16%% | more than $314,928 | 15.00% | $120,095 to $162,832 | 14.70% | more than $500,000 | 15.00% | ||||||||||||
| $250,001 to $500,000 | 20.80% | $162,833 to $227,091 | 16.80% | ||||||||||||||||||||||||
| $500,001 to $1,000,000 | 21.30% | more than $227,091 | 20.50% | ||||||||||||||||||||||||
| more than $1,000,000 | 21.80% |