Sovereign

Freelancer Net Calculator

Toronto · Independent operator tax model

Assume 46 billable weeks, 30% deductible expenses, and our deterministic tax engine. The table below shows retained cash for indie CFOs, advisors, and product leads.

PackageGross (local)Net (local)Net (USD)Day rate (USD)Effective rate
Elite Retainer$190,400$88,751$65,257.79$608.7053.4%
Fractional Exec$299,200$124,366$91,445.62$956.5258.4%
Scaling Partner$435,200$163,206$120,005$1,391.3062.5%

Operating runway

Toronto has a cost-of-living index of 70 and rent index of 69. At the Fractional Exec tier you keep $124,366 (~$91,445.62) which covers 13.0x of the city’s indexed spending baseline.

Why it matters

Freelancers price in gross USD but remit tax locally. This page is fully crawlable so people searching “freelancer tax calculator Toronto” land on a structured, visual answer.