Summary
If you make $74,934 a year living in the region of British Columbia, Canada, you will be taxed $20,600. That means that your net pay will be $54,334 per year, or $4,528 per month. Your average tax rate is 27.5% and your marginal tax rate is 28.2%. 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 $28.20, hence, your net pay will only increase by $71.80.
Bonus Example
A $1,000 bonus will generate an extra $718 of net incomes. A $5,000 bonus will generate an extra $3,590 of net incomes.