Summary
If you make $159,953 a year living in the region of Newfoundland and Labrador, Canada, you will be taxed $59,028. That means that your net pay will be $100,925 per year, or $8,410 per month. Your average tax rate is 36.9% and your marginal tax rate is 46.0%. 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 $46, hence, your net pay will only increase by $54.
Bonus Example
A $1,000 bonus will generate an extra $540 of net incomes. A $5,000 bonus will generate an extra $2,700 of net incomes.