Summary
If you make $131,500 a year living in the region of British Columbia, Canada, you will be taxed $40,391. That means that your net pay will be $91,109 per year, or $7,592 per month. Your average tax rate is 30.7% and your marginal tax rate is 40.7%. 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 $40.70, hence, your net pay will only increase by $59.30.
Bonus Example
A $1,000 bonus will generate an extra $593 of net incomes. A $5,000 bonus will generate an extra $2,965 of net incomes.