Summary
If you make $271,960 a year living in the region of British Columbia, Canada, you will be taxed $107,535. That means that your net pay will be $164,425 per year, or $13,702 per month. Your average tax rate is 39.5% and your marginal tax rate is 51.6%. 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 $51.63, hence, your net pay will only increase by $48.37.
Bonus Example
A $1,000 bonus will generate an extra $484 of net incomes. A $5,000 bonus will generate an extra $2,419 of net incomes.