Summary
If you make $138,407 a year living in the region of New Brunswick, Canada, you will be taxed $49,783. That means that your net pay will be $88,624 per year, or $7,385 per month. Your average tax rate is 36.0% and your marginal tax rate is 42.5%. 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 $42.52, hence, your net pay will only increase by $57.48.
Bonus Example
A $1,000 bonus will generate an extra $575 of net incomes. A $5,000 bonus will generate an extra $2,874 of net incomes.