Summary
If you make $24,560 a year living in the region of British Columbia, Canada, you will be taxed $5,614. That means that your net pay will be $18,946 per year, or $1,579 per month. Your average tax rate is 22.9% 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.