Canada’s government has launched a tax add-on calculator that can be personalized to suit individuals’ needs.
The calculator can now be used to make personal decisions on how much tax they should pay and where they should deduct it.
The new tool, called Taxadda, allows Canadians to choose whether to pay the GST or add an additional $1.50 a week for groceries and other items.
The tool is currently only available in Ontario and New Brunswick, but it is expected to roll out across Canada by the end of the year.
“We are seeing an increase in personal income tax for Canadians with children,” said John Linton, Canada’s Minister of Finance.
“With this new tool we are helping Canadians simplify their tax bills and make tax simpler for Canadians.”
The calculator allows consumers to adjust the amount of tax they owe based on their income and expenses.
The calculator includes the amount they are paying and a list of taxes they are eligible for.
If they are not able to afford the taxes due, they can deduct the extra amount from their taxes.
“The new Taxaddal tool is a great first step to help Canadians with their taxes, which has been a growing concern among the Canadian public,” said Brian Murphy, Minister of Government Services and Consumer Affairs.
“The tool helps Canadians to make more informed tax decisions and provides a way to keep track of their tax obligations and keep up-to-date on their personal finances.”
Canada’s Finance Department said that the tool will be used by about 200,000 Canadians in 2017.
It was designed by Canadian technology company GST Analytics, which is based in Halifax, Nova Scotia.
It was developed by GST and partners including IBM and CNC Corporation.
The new tool will make it easier for Canadians to decide whether they are in a good financial position to contribute to their tax bill.
The app will allow Canadians to add items to their cart and choose from a range of tax rates.
The government said that tax addadda will also allow Canadians who are struggling with a large number of bills to have their taxes deducted more quickly.
“Taxadda is designed to help individuals and families better understand their taxes,” Murphy said.
“This new tool helps consumers simplify their taxes and make them more efficient.”