Summary
If you make $149,960 a year living in the region of Nova Scotia, Canada, you will be taxed $56,538. That means that your net pay will be $93,422 per year, or $7,785 per month. Your average tax rate is 37.7% and your marginal tax rate is 46.4%. 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 $46.39, hence, your net pay will only increase by $53.61.
Bonus Example
A $1,000 bonus will generate an extra $536 of net incomes. A $5,000 bonus will generate an extra $2,681 of net incomes.