Hurdlr's Tax Engine calculates your estimated tax liability based on rates and statutes published each year by the CRA. The tax calculation is only an estimate, based solely on the numbers you have tracked in Hurdlr. For personal tax advice, we always recommend consulting a dedicated personal accountant.
Hurdlr’s Tax Engine calculates 2 main types of taxes that you may owe as an independent contractor or business owner:
Federal Income Tax
Provincial Income Tax
Canadian users can also track the sales tax they’ve collected and paid to understand their sales tax obligation. Read more about this feature here.