Summary
If you make $119,916 a year living in the region of British Columbia, Canada, you will be taxed $35,681. That means that your net pay will be $84,235 per year, or $7,020 per month. Your average tax rate is 29.8% and your marginal tax rate is 38.7%. 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 $38.67, hence, your net pay will only increase by $61.33.
Bonus Example
A $1,000 bonus will generate an extra $613 of net incomes. A $5,000 bonus will generate an extra $3,067 of net incomes.