Summary
If you make $59,988 a year living in the region of British Columbia, Canada, you will be taxed $16,157. That means that your net pay will be $43,831 per year, or $3,653 per month. Your average tax rate is 26.9% and your marginal tax rate is 32.9%. 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 $32.89, hence, your net pay will only increase by $67.11.
Bonus Example
A $1,000 bonus will generate an extra $671 of net incomes. A $5,000 bonus will generate an extra $3,356 of net incomes.