Summary
If you make $149,998 a year living in the region of Nova Scotia, Canada, you will be taxed $56,554. That means that your net pay will be $93,444 per year, or $7,787 per month. Your average tax rate is 37.7% and your marginal tax rate is 48.2%. 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 $48.21, hence, your net pay will only increase by $51.79.
Bonus Example
A $1,000 bonus will generate an extra $518 of net incomes. A $5,000 bonus will generate an extra $2,590 of net incomes.