Summary
If you make $159,945 a year living in the region of British Columbia, Canada, you will be taxed $52,098. That means that your net pay will be $107,847 per year, or $8,987 per month. Your average tax rate is 32.6% and your marginal tax rate is 43.5%. 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 $43.45, hence, your net pay will only increase by $56.55.
Bonus Example
A $1,000 bonus will generate an extra $566 of net incomes. A $5,000 bonus will generate an extra $2,828 of net incomes.