Summary
If you make $299,991 a year living in the region of British Columbia, Canada, you will be taxed $122,008. That means that your net pay will be $177,983 per year, or $14,832 per month. Your average tax rate is 40.7% and your marginal tax rate is 53.3%. 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 $53.33, hence, your net pay will only increase by $46.67.
Bonus Example
A $1,000 bonus will generate an extra $467 of net incomes. A $5,000 bonus will generate an extra $2,334 of net incomes.