Summary
If you make $159,930 a year living in the region of Newfoundland and Labrador, Canada, you will be taxed $59,018. That means that your net pay will be $100,912 per year, or $8,409 per month. Your average tax rate is 36.9% and your marginal tax rate is 45.6%. 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 $45.62, hence, your net pay will only increase by $54.38.
Bonus Example
A $1,000 bonus will generate an extra $544 of net incomes. A $5,000 bonus will generate an extra $2,719 of net incomes.