Summary
If you make $157,460 a year living in the region of Nunavut, Canada, you will be taxed $47,072. That means that your net pay will be $110,388 per year, or $9,199 per month. Your average tax rate is 29.9% and your marginal tax rate is 37.4%. 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 $37.40, hence, your net pay will only increase by $62.60.
Bonus Example
A $1,000 bonus will generate an extra $626 of net incomes. A $5,000 bonus will generate an extra $3,130 of net incomes.