Summary
If you make $39,960 a year living in the region of British Columbia, Canada, you will be taxed $9,989. That means that your net pay will be $29,971 per year, or $2,498 per month. Your average tax rate is 25.0% and your marginal tax rate is 26.7%. 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 $26.68, hence, your net pay will only increase by $73.32.
Bonus Example
A $1,000 bonus will generate an extra $733 of net incomes. A $5,000 bonus will generate an extra $3,666 of net incomes.