How-toDec 2, 2025 · 5 min read
Net pay vs. tax estimator: when to use each MoneyStant tool
Both tools use the same CRA-aligned tax engine, but they answer different questions. Here’s when to use each.
MoneyStant currently offers two core tools built on the same 2025 CRA-aligned model:
- **Tax Estimator**
- **Net Paycheque Calculator**
They share the same tax brackets, CPP/EI limits and assumptions — but they help with different decisions.
Use the Tax Estimator when…
You want to understand your **overall yearly picture**:
- How much tax you pay in total
- How CPP and EI affect your gross income
- How RRSP contributions might reduce tax
- How your effective and marginal tax rates behave
Use the Net Paycheque Calculator when…
You care about **per-paycheque reality**:
- Net weekly / bi-weekly / semi-monthly / monthly pay
- Comparing how often your employer pays you
- Feeling the difference of a raise in your actual paycheque
Because both tools share the same logic, you can jump between them without worrying that the numbers secretly changed.