Tax and Financial Tools
Welcome to our Tax and Financial Tools section. Here you will find a selection of calculators, guides, and resources provided primarily by government departments, public agencies, and recognized organizations.
These tools can help you better understand your tax and financial situation, prepare your income tax return, estimate certain costs, and make more informed decisions concerning government benefits, self-employment, estates, housing, retirement, investments, and family changes.
These resources are provided for information purposes only. The results are generally estimates and do not replace personalized advice from a tax, legal, or financial planning professional.
Tax Estimation and Preparation
2025 Tax Calculator – DT Max (French only)
Estimate your income tax payable or expected refund based on your income and personal situation.
Access the DT Max Tax Calculator
Income Tax Checklist – iA Financial Group
Consult a practical checklist of the documents and information to gather before filing your income tax return.
Government Benefits, Assistance, and Funding
Benefits Finder – Government of Canada
Answer a few questions to identify federal benefits and programs for which you may be eligible.
Grants and Funding – Government of Canada
Find information about federal grants, loans, and financial assistance programs for individuals, businesses, and organizations.
Support and Guidance Services – Revenu Québec
Access free information sessions and support services to better understand your rights and tax obligations in Québec.
Explore Revenu Québec’s Support Services
Estates and Liquidators
Checklist for Liquidators – Québec.ca
Review the main administrative, tax, and legal steps a liquidator must take following a death.
View the Checklist for Liquidators
Liquidator Assistance Tool – Revenu Québec
Complete an online questionnaire to better understand a succession liquidator’s Québec tax obligations.
Access the Liquidator Assistance Tool
Tools for Self-Employed Individuals and Businesses
Vehicle Ownership Cost Calculator – CAA
Estimate the cost of owning and operating a vehicle, including fuel, maintenance, insurance, and depreciation.
Access the Vehicle Ownership Cost Calculator
GST/HST Calculator – Canada Revenue Agency
Calculate the GST or HST to add to a price before tax, or determine the amount before tax from a total.
Payroll Deductions Online Calculator – Canada Revenue Agency
Calculate federal and provincial or territorial payroll deductions. For employees working in Québec, provincial payroll deductions must be calculated separately in accordance with Revenu Québec’s requirements.
Access the Payroll Deductions Online Calculator
Financial Planning, Housing, and Investments
Financial Goal Calculator – Financial Consumer Agency of Canada
Set a financial goal and estimate how much you need to save regularly to achieve it. This tool can be used to plan a down payment, a major purchase, debt repayment, or another savings goal.
Access the Financial Goal Calculator
Property: Is It Better to Buy or Rent? – Autorité des marchés financiers
Compare the long-term financial effects of buying and renting a home. The calculator considers factors such as the down payment, mortgage, property taxes, maintenance expenses, investment returns, and the expected increase in the property’s value.
This tool does not directly account for the Home Buyers’ Plan (HBP) or the First Home Savings Account (FHSA). Certain tax consequences of renting out part of a principal residence must also be evaluated separately.
Compare Buying and Renting a Property
CQFF Curves (French only)
Explore effective marginal tax rates to better understand the combined effect of income taxes, tax credits, and government benefits on disposable income.
Your Investor Profile – Autorité des marchés financiers
Obtain an indication of your investor profile based on your financial capacity, investment objectives, time horizon, and tolerance for risk.
Investing on Your Own in the Stock Market – Autorité des marchés financiers
Learn about the knowledge required, the research to conduct, the risks to consider, and the precautions to take before investing independently through an online brokerage platform.
Learn About Investing on Your Own
Guides and Educational Resources
“Réduisez vos impôts” Guide – Ordre des CPA du Québec (French only)
Consult a digital guide presenting various tax measures, deductions, and credits that can help individuals better understand their income tax returns and claim the tax relief to which they may be entitled.
View the “Réduisez vos impôts” Guide
Video Series – Parler d’argent, C’PA plate!
Watch short educational videos that explain personal finance topics in clear and accessible language, including savings, tax credits, family taxation, and investments.
Retirement Planning
SimulR – Retraite Québec
Use this simplified tool to estimate your various sources of retirement income and the savings you may need to achieve your retirement goals.
The results are expressed in today’s dollars and provide an initial estimate of your financial situation in retirement.
Required Savings and Public Retirement Plans – Chair in Taxation and Public Finance (French only)
Estimate the private savings required to reach your desired level of retirement income. The simulator also illustrates the interaction between personal savings and major public programs, including the Québec Pension Plan, Old Age Security, and the Guaranteed Income Supplement.
You can adjust several assumptions, including your retirement age, average career earnings, desired income replacement rate, investment return, and the age at which you begin receiving Québec Pension Plan and Old Age Security benefits.
This simulator provides results for educational and illustrative purposes only. It does not constitute a personalized financial plan.
Access the CFFP Retirement Simulator
Employment Income Retained in Retirement – Québec Ministry of Finance
Estimate how much of the additional employment income earned by a retired person will actually be retained after income taxes, mandatory contributions, and adjustments to government benefits.
The calculator considers measures such as the tax credit for career extension, the deduction for workers, the Canada employment amount, Québec Pension Plan contributions, and certain benefit clawbacks. It also compares disposable income with and without employment income.
Calculate Employment Income Retained in Retirement
Financial Risks Related to Retirement – Retraite Québec
Learn about the main risks that can affect your long-term financial security, including longevity, inflation, investment return volatility, interest rates, and liquidity management.
Learn About Financial Risks Related to Retirement
Family, Separation, and Child Support
Child Support Payments Calculation Tool – Québec Ministry of Justice
Estimate child support payments based on the parents’ income, custody arrangements, and certain child-related expenses. The tool also allows users to compare different scenarios and print their results.
The results are estimates only. The tool does not account for certain tax effects, including the taxable equivalent of non-taxable income or the net cost of childcare expenses, post-secondary education expenses, and special expenses.
Access the Child Support Payments Calculation Tool
For information tailored to your personal tax situation, please contact Impotax.
Without Prejudice.