Summary
If you make $59,986 a year living in the region of Nova Scotia, Canada, you will be taxed $19,678. That means that your net pay will be $40,308 per year, or $3,359 per month. Your average tax rate is 32.8% and your marginal tax rate is 41.5%. 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 $41.47, hence, your net pay will only increase by $58.53.
Bonus Example
A $1,000 bonus will generate an extra $585 of net incomes. A $5,000 bonus will generate an extra $2,927 of net incomes.