Summary
If you make $89,980 a year living in the region of British Columbia, Canada, you will be taxed $24,950. That means that your net pay will be $65,030 per year, or $5,419 per month. Your average tax rate is 27.7% and your marginal tax rate is 30.9%. 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 $30.87, hence, your net pay will only increase by $69.13.
Bonus Example
A $1,000 bonus will generate an extra $691 of net incomes. A $5,000 bonus will generate an extra $3,457 of net incomes.