Summary
If you make $99,997 a year living in the region of Nova Scotia, Canada, you will be taxed $34,825. That means that your net pay will be $65,172 per year, or $5,431 per month. Your average tax rate is 34.8% and your marginal tax rate is 43.1%. 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 $43.13, hence, your net pay will only increase by $56.87.
Bonus Example
A $1,000 bonus will generate an extra $569 of net incomes. A $5,000 bonus will generate an extra $2,844 of net incomes.