Summary
If you make $39,942 a year living in the region of British Columbia, Canada, you will be taxed $9,984. That means that your net pay will be $29,958 per year, or $2,496 per month. Your average tax rate is 25.0% and your marginal tax rate is 26.6%. 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 $26.58, hence, your net pay will only increase by $73.42.
Bonus Example
A $1,000 bonus will generate an extra $734 of net incomes. A $5,000 bonus will generate an extra $3,671 of net incomes.