Summary
If you make $299,979 a year living in the region of Northwest Territories, Canada, you will be taxed $115,414. That means that your net pay will be $184,565 per year, or $15,380 per month. Your average tax rate is 38.5% and your marginal tax rate is 46.9%. 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 $46.87, hence, your net pay will only increase by $53.13.
Bonus Example
A $1,000 bonus will generate an extra $531 of net incomes. A $5,000 bonus will generate an extra $2,657 of net incomes.