Summary
If you make $142,000 a year living in the region of Alberta, Canada, you will be taxed $46,200. That means that your net pay will be $95,800 per year, or $7,983 per month. Your average tax rate is 32.5% and your marginal tax rate is 38.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $38, hence, your net pay will only increase by $62.
Bonus Example
A $1,000 bonus will generate an extra $620 of net incomes. A $5,000 bonus will generate an extra $3,100 of net incomes.