Summary
If you make $49,992 a year living in the region of Nunavut, Canada, you will be taxed $12,156. That means that your net pay will be $37,836 per year, or $3,153 per month. Your average tax rate is 24.3% and your marginal tax rate is 32.6%. 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 $32.61, hence, your net pay will only increase by $67.39.
Bonus Example
A $1,000 bonus will generate an extra $674 of net incomes. A $5,000 bonus will generate an extra $3,370 of net incomes.