Summary
If you make $64,920 a year living in the region of Nova Scotia, Canada, you will be taxed $21,726. That means that your net pay will be $43,194 per year, or $3,600 per month. Your average tax rate is 33.5% and your marginal tax rate is 40.6%. 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 $40.63, hence, your net pay will only increase by $59.37.
Bonus Example
A $1,000 bonus will generate an extra $594 of net incomes. A $5,000 bonus will generate an extra $2,969 of net incomes.