Canadian Self-Employment Tax Calculator
2026 Tax Year · CRA Official RatesEnter Your Income Info
Enter your self-employment income, RRSP, and province to see your estimated taxes.
Estimated Self-Employment Tax
Self-Employment FAQ (2026 Rules)
Self-employed individuals pay both the employer and employee portions of CPP. For 2026:
Base CPP: 11.9% on earnings between $3,500 and $74,600
CPP2: Additional 8% on earnings between $74,600 and $85,000
Maximum total CPP for self-employed: $8,460.90 (base) + $832 (CPP2).
For 2026, federal brackets are:
• 14% on income up to $58,523
• 20.5% on $58,523 to $117,045
• 26% on $117,045 to $181,440
• 29% on $181,440 to $258,482
• 33% on over $258,482
The federal BPA is $16,452 for 2026. This means you pay no federal tax on this amount. For high-income earners (above $181,440), it’s reduced to $14,829. The credit is calculated at the lowest rate (14%), worth up to $2,303.
Self-employed individuals have until June 15, 2027 to file their 2026 return. However, any balance owing is still due by April 30, 2027 to avoid interest. If you owe more than $3,000 in taxes, you may need to make quarterly instalments.
Common deductions on Form T2125 include: home office expenses (portion of rent, utilities), vehicle expenses (gas, maintenance), advertising, insurance, professional fees, supplies, and a portion of your CPP contributions (50% deductible).
2026 Provincial Tax Rates
10% flat rate on taxable income. Basic personal amount: $22,769.
Lowest rate increased to 5.60% on first $50,363 for 2026. Progressive rates up to 20.5%. Basic personal amount: $13,216.
Rates: 5.05% on first $51,446, 9.15% to $102,894, 11.16% to $150,000, 12.16% to $220,000, 13.16% over. Basic personal: $12,989.
Rates: 14% to $51,780, 19% to $103,545, 24% to $126,453, 25.75% over. QPP rates differ: self-employed pays 10.6% (base) and 8% for QPP2. Basic personal: $18,952.
Rates: 10.5% to $49,720, 12.5% to $142,058, 14.5% over. Basic personal: $20,381.
Rates: 10.8% to $47,000, 12.75% to $100,000, 17.4% over. Basic personal: $15,780.
Rates: 8.79% to $29,590, 14.95% to $59,180, 16.67% to $93,000, 17.5% to $150,000, 21% over. Basic personal: $11,932.
Disclaimer: This calculator provides estimates based on 2026 federal and provincial tax rates and CPP rules as confirmed by the Canada Revenue Agency (CRA). It assumes no other income, capital losses, or complex situations. The RRSP deduction is applied, and 50% of CPP contributions are deductible. This is for informational purposes only and not tax advice. Consult a qualified professional for advice specific to your situation.