Summary
If you make $88,385 a year living in the region of British Columbia, Canada, you will be taxed $24,466. That means that your net pay will be $63,919 per year, or $5,327 per month. Your average tax rate is 27.7% and your marginal tax rate is 30.4%. 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 $30.36, hence, your net pay will only increase by $69.64.
Bonus Example
A $1,000 bonus will generate an extra $696 of net incomes. A $5,000 bonus will generate an extra $3,482 of net incomes.