Summary
If you make $119,990 a year living in the region of British Columbia, Canada, you will be taxed $35,709. That means that your net pay will be $84,281 per year, or $7,023 per month. Your average tax rate is 29.8% and your marginal tax rate is 40.4%. 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 $40.43, hence, your net pay will only increase by $59.57.
Bonus Example
A $1,000 bonus will generate an extra $596 of net incomes. A $5,000 bonus will generate an extra $2,979 of net incomes.