How much is tax in Quebec?
Tax in Quebec is determined by the taxable income amount: $51,780 or less is taxed at 14%, more than $51,780 but not more than $103,545 is taxed at 19%, more than $103,545 but not more than $126,000 is taxed at 24% and amounts more than $126,000 is taxed at 25.75%.
When is tax due in Quebec?
In Quebec, you’ll be responsible for filing two returns: one for the CRA (federal) and the other for Revenu Quebec (provincial). The deadline for filing your personal income tax return is April 30, both with the CRA and Revenu Quebec. It’s important to note that any balance due must also be paid by April 30. If you or your spouse were self-employed, you have until June 15 to file your federal return. You’ll also have until June 15 to file your return in Quebec if you earned income as a family-type resource or intermediate resource.
How to calculate tax in Quebec?
It’s suggested you use a Quebec tax calculator to estimate the amount of taxes you will owe on your income. Tax calculators are a great tool to quickly estimate your federal and provincial taxes.