Summary
If you make $89,988 a year living in the region of Nova Scotia, Canada, you will be taxed $31,047. That means that your net pay will be $58,941 per year, or $4,912 per month. Your average tax rate is 34.5% and your marginal tax rate is 37.5%. 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 $37.46, hence, your net pay will only increase by $62.54.
Bonus Example
A $1,000 bonus will generate an extra $625 of net incomes. A $5,000 bonus will generate an extra $3,127 of net incomes.