Summary
If you make $94,994 a year living in the region of Northwest Territories, Canada, you will be taxed $27,130. That means that your net pay will be $67,864 per year, or $5,655 per month. Your average tax rate is 28.6% and your marginal tax rate is 32.7%. 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 $32.66, hence, your net pay will only increase by $67.34.
Bonus Example
A $1,000 bonus will generate an extra $673 of net incomes. A $5,000 bonus will generate an extra $3,367 of net incomes.