Required MRR
Enter your target take-home and find the MRR you actually need to hit it. Or see what you take home from a given MRR.
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$
400 paying customers
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CAD
%
Stripe Fees CA$48
Standard (2.9%)
CA$35
Transaction fees (CAD 0.3/txn)
CA$13
Business Expenses (Monthly) CA$65
Server Hosting
CA$50
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$96
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$96
Fees 4% Expenses 5% Tax 8% Take-Home 83%
Required MRR CA$1,209 /mo
Net Take-Home CA$1,001 /mo CA$12,008 /yr