Summary
If you make $149,904 a year living in the region of Nova Scotia, Canada, you will be taxed $56,513. That means that your net pay will be $93,391 per year, or $7,783 per month. Your average tax rate is 37.7% and your marginal tax rate is 43.7%. 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 $43.69, hence, your net pay will only increase by $56.31.
Bonus Example
A $1,000 bonus will generate an extra $563 of net incomes. A $5,000 bonus will generate an extra $2,816 of net incomes.