Summary
If you make $47,000 a year living in the region of New Brunswick, Canada, you will be taxed $13,825. That means that your net pay will be $33,175 per year, or $2,765 per month. Your average tax rate is 29.4% and your marginal tax rate is 35.3%. 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 $35.33, hence, your net pay will only increase by $64.67.
Bonus Example
A $1,000 bonus will generate an extra $647 of net incomes. A $5,000 bonus will generate an extra $3,234 of net incomes.