Quebec tax calculator is a free online tool that lets you calculate income tax in Quebec region in Canada. Using this calculator, you can calculate the net income of salaried employees and self-employed individuals.
With this calculator, you can find -
- Net income after tax
- Payable tax
- Percentage of tax
- Quebec tax
Calculation of Net Income
a) For an employee
Net Income = Taxable Income - Canadian Tax - Québec Tax - QPP - EI - QPIP
b) For self-employed individuals
Net Income = Taxable Income - Canadian Tax - Québec Tax - QPP - EI - QPIP.
The QPP for self-employed individuals is higher than employees. Hence, a self-employed needs to pay more than an employee.
