Summary
If you make $159,918 a year living in the region of Northwest Territories, Canada, you will be taxed $51,988. That means that your net pay will be $107,930 per year, or $8,994 per month. Your average tax rate is 32.5% and your marginal tax rate is 41.7%. 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 $41.67, hence, your net pay will only increase by $58.33.
Bonus Example
A $1,000 bonus will generate an extra $583 of net incomes. A $5,000 bonus will generate an extra $2,917 of net incomes.