Summary
If you make $299,954 a year living in the region of Northwest Territories, Canada, you will be taxed $115,403. That means that your net pay will be $184,551 per year, or $15,379 per month. Your average tax rate is 38.5% and your marginal tax rate is 46.7%. 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 $46.65, hence, your net pay will only increase by $53.35.
Bonus Example
A $1,000 bonus will generate an extra $534 of net incomes. A $5,000 bonus will generate an extra $2,668 of net incomes.