Tax Penalty Calculator

Canadian Personal Tax Penalty Calculator

Calculate your tax penalties and interest accurately

Select Tax Year

I or my spouse/partner earned self-employment income in this tax year

Expected Tax Owing ($)

Expected Filing Date

Expected Payment Date

The CRA sent a formal demand to file my tax return for this tax year

The CRA has charged me with a late filing penalty in the previous 3 tax years

I owned foreign property with a total cost over $100,000 (CAD) at any time in the year

The T1135 is being filed late knowingly or due to gross negligence

Note: Exclude foreign investments in registered accounts (TFSA, RRSP, RESP, FHSA)