Summary
If you make $20,000 a year living in the region of British Columbia, Canada, you will be taxed $4,332. That means that your net pay will be $15,668 per year, or $1,306 per month. Your average tax rate is 21.7% and your marginal tax rate is 28.1%. 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 $28.11, hence, your net pay will only increase by $71.89.
Bonus Example
A $1,000 bonus will generate an extra $719 of net incomes. A $5,000 bonus will generate an extra $3,595 of net incomes.