Required MRR
See what you actually take home from your MRR after platform fees, business costs, and tax. Or find the MRR you need for a target income.
🇬🇧
United Kingdom🇺🇸
United States🇨🇦
Canada🇩🇪
Germany🇫🇷
France🇮🇳
India🇦🇺
Australia🇳🇱
Netherlands🇵🇱
Poland🇵🇹
Portugal
$
100 paying customers
▾
▾
CAD
%
Stripe Fees CA$59
Standard (2.9%)
CA$29
Transaction fees (CAD 0.3/txn)
CA$30
Business Expenses (Monthly) CA$45
Email Platform
CA$30
Domain & SSL
CA$15
All business income flows through to personal tax return. Self-employed individual pays both employee and employer CPP contributions. No separate business entity.
Taxes & National Insurance CA$72
Federal Income Tax Basic personal amount of $16,129 for net income up to $177,882. Reduced linearly to $14,538 at net income of $253,414. Effective 14.5% for first bracket in 2025 (15% Jan-Jun, 14% Jul-Dec).
CA$0
Canada Pension Plan (CPP) Self-employed pay both employee and employer CPP contributions. 11.9% on earnings between $3,500 and $71,300 (max $8,068.20). CPP2: 8.0% on earnings between $71,300 and $81,200 (max $792.00). Half of CPP is deductible from income.
CA$72
Fees 6% Expenses 5% Tax 7% Take-Home 82%
Net Take-Home CA$824 /mo CA$9,889 /yr