Summary
If you make $108,555 a year living in the region of Nova Scotia, Canada, you will be taxed $38,530. That means that your net pay will be $70,025 per year, or $5,835 per month. Your average tax rate is 35.5% and your marginal tax rate is 43.3%. 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 $43.29, hence, your net pay will only increase by $56.71.
Bonus Example
A $1,000 bonus will generate an extra $567 of net incomes. A $5,000 bonus will generate an extra $2,836 of net incomes.