Summary
If you make $168,500 a year living in the region of British Columbia, Canada, you will be taxed $55,964. That means that your net pay will be $112,536 per year, or $9,378 per month. Your average tax rate is 33.2% and your marginal tax rate is 45.2%. 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 $45.21, hence, your net pay will only increase by $54.79.
Bonus Example
A $1,000 bonus will generate an extra $548 of net incomes. A $5,000 bonus will generate an extra $2,740 of net incomes.