Summary
If you make $149,960 a year living in the region of Newfoundland and Labrador, Canada, you will be taxed $54,521. That means that your net pay will be $95,439 per year, or $7,953 per month. Your average tax rate is 36.4% and your marginal tax rate is 44.6%. 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 $44.59, hence, your net pay will only increase by $55.41.
Bonus Example
A $1,000 bonus will generate an extra $554 of net incomes. A $5,000 bonus will generate an extra $2,771 of net incomes.