Summary
If you make $88,970 a year living in the region of New Brunswick, Canada, you will be taxed $29,406. That means that your net pay will be $59,564 per year, or $4,964 per month. Your average tax rate is 33.1% and your marginal tax rate is 35.4%. 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 $35.40, hence, your net pay will only increase by $64.60.
Bonus Example
A $1,000 bonus will generate an extra $646 of net incomes. A $5,000 bonus will generate an extra $3,230 of net incomes.