Summary
If you make $149,916 a year living in the region of Newfoundland and Labrador, Canada, you will be taxed $54,501. That means that your net pay will be $95,415 per year, or $7,951 per month. Your average tax rate is 36.4% and your marginal tax rate is 44.0%. 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 $44.01, hence, your net pay will only increase by $55.99.
Bonus Example
A $1,000 bonus will generate an extra $560 of net incomes. A $5,000 bonus will generate an extra $2,800 of net incomes.