Summary
If you make $19,940 a year living in the region of British Columbia, Canada, you will be taxed $4,317. That means that your net pay will be $15,623 per year, or $1,302 per month. Your average tax rate is 21.7% and your marginal tax rate is 26.8%. 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 $26.77, hence, your net pay will only increase by $73.23.
Bonus Example
A $1,000 bonus will generate an extra $732 of net incomes. A $5,000 bonus will generate an extra $3,662 of net incomes.