Can I use TIME MACHINE to compare future taxes?
Where to find it: TIME MACHINE results → Detailed Cash Flow → Taxes
Yes. Enter the scenario you want to test, run TIME MACHINE and examine the Taxes table in Detailed Cash Flow or the individual year report.
The calculation uses the app’s federal and provincial/territorial tax rules and the profile’s province. The projection assumes current tax rules and that tax brackets will be indexed to inflation in future years.