Summary
If you make $74,940 a year living in the region of Nunavut, Canada, you will be taxed $19,825. That means that your net pay will be $55,115 per year, or $4,593 per month. Your average tax rate is 26.5% and your marginal tax rate is 27.5%. 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 $27.50, hence, your net pay will only increase by $72.50.
Bonus Example
A $1,000 bonus will generate an extra $725 of net incomes. A $5,000 bonus will generate an extra $3,625 of net incomes.