Summary
If you make $159,978 a year living in the region of Northwest Territories, Canada, you will be taxed $52,013. That means that your net pay will be $107,965 per year, or $8,997 per month. Your average tax rate is 32.5% and your marginal tax rate is 42.7%. 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 $42.68, hence, your net pay will only increase by $57.32.
Bonus Example
A $1,000 bonus will generate an extra $573 of net incomes. A $5,000 bonus will generate an extra $2,866 of net incomes.