Car benifits and tax reduction estimator (payrolls)

Automobile Benefits Online Calculator - Disclaimer

The Automobile Benefits Online Calculator allows you to calculate the estimated automobile benefit for employees (including shareholders) based on the information you provide. The Canada Revenue Agency (CRA) does not keep any of the data you provide to complete your calculation.

The CRA suggests that you clear your browser cache after you have completed your calculations. That is because information may be stored in the browser cache and could be compromised by others if you do not clear it.

Tax deduction estimator (form TD1)

Before you begin

The estimator will determine the tax credits you may qualify for at tax time. This will help your employer or payer to determine the right amount of tax to be deducted from your income.

You may need to estimate the following:

• your annual net income;
• your annual pension income;
• your annual tuition fees;
• dependants' ages and net income;
• spouse or common-law partner's net income;
• amounts your dependant(s) will not use on their income tax and benefits return; and
• amounts your spouse or common-law partner will not use on their return.

Disclaimer

The TD1 estimator is available for your convenience. The reliability of the results depends on the accuracy of the information you provide.

After you finish, you should clear your Internet browser cache and close the browser. Although we do not keep the data you enter, it stays on your computer. And other people can access information stored on your computer.