Summary
If you make $47,628 a year living in the region of British Columbia, Canada, you will be taxed $12,094. That means that your net pay will be $35,534 per year, or $2,961 per month. Your average tax rate is 25.4% and your marginal tax rate is 28.5%. 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 $28.51, hence, your net pay will only increase by $71.49.
Bonus Example
A $1,000 bonus will generate an extra $715 of net incomes. A $5,000 bonus will generate an extra $3,575 of net incomes.