Summary
If you make $49,998 a year living in the region of British Columbia, Canada, you will be taxed $12,770. That means that your net pay will be $37,228 per year, or $3,102 per month. Your average tax rate is 25.5% and your marginal tax rate is 33.7%. 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 $33.69, hence, your net pay will only increase by $66.31.
Bonus Example
A $1,000 bonus will generate an extra $663 of net incomes. A $5,000 bonus will generate an extra $3,316 of net incomes.