Summary
If you make $149,980 a year living in the region of Nova Scotia, Canada, you will be taxed $56,547. That means that your net pay will be $93,433 per year, or $7,786 per month. Your average tax rate is 37.7% and your marginal tax rate is 47.4%. 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 $47.35, hence, your net pay will only increase by $52.65.
Bonus Example
A $1,000 bonus will generate an extra $527 of net incomes. A $5,000 bonus will generate an extra $2,633 of net incomes.