Free tool · Built for Canadian freelancers

Freelancer Cash Flow Calculator

See what's left each month after expenses and a tax set-aside, so you know what you can spend and what to put away.

Your monthly numbers

Enter amounts in Canadian dollars.

Monthly revenue

CAD

Total invoiced or earned in a typical month.

Monthly expenses

CAD

Software, equipment, phone, workspace and other business costs.

Tax reserve percentage

Your results

Per month

Profit Before Tax {{profitText}} Revenue minus expenses

Tax Reserve Amount {{reserveText}} {{reserveNote}}

Remaining Cash {{remainingText}} Available after your tax set-aside

Expenses are higher than revenue this month, so no tax reserve is set aside.

Illustrative estimates only. The tax reserve is a savings set-aside based on the percentage you choose. It is not your actual income tax or CPP contributions payable, which depend on your full-year income, province, deductions and credits. Confirm amounts with the CRA or a qualified tax professional.

How the numbers work

Profit before tax

Monthly revenue minus monthly expenses.

Tax reserve

Your chosen percentage of profit, set aside for when tax is due.

Remaining cash

Profit minus the reserve: what you can use for pay, savings and goals.