Summary
If you make $40,122 a year living in the region of Manitoba, Canada, you will be taxed $12,289. That means that your net pay will be $27,833 per year, or $2,319 per month. Your average tax rate is 30.6% and your marginal tax rate is 33.2%. 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 $33.15, hence, your net pay will only increase by $66.85.
Bonus Example
A $1,000 bonus will generate an extra $669 of net incomes. A $5,000 bonus will generate an extra $3,343 of net incomes.