Summary
If you make $54,653 a year living in the region of British Columbia, Canada, you will be taxed $14,343. That means that your net pay will be $40,310 per year, or $3,359 per month. Your average tax rate is 26.2% and your marginal tax rate is 33.8%. 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 $33.79, hence, your net pay will only increase by $66.21.
Bonus Example
A $1,000 bonus will generate an extra $662 of net incomes. A $5,000 bonus will generate an extra $3,311 of net incomes.