Summary
If you make $159,120 a year living in the region of New Brunswick, Canada, you will be taxed $58,883. That means that your net pay will be $100,237 per year, or $8,353 per month. Your average tax rate is 37.0% and your marginal tax rate is 45.2%. 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 $45.15, hence, your net pay will only increase by $54.85.
Bonus Example
A $1,000 bonus will generate an extra $549 of net incomes. A $5,000 bonus will generate an extra $2,743 of net incomes.