Summary
If you make $109,931 a year living in the region of Ontario, Canada, you will be taxed $34,276. That means that your net pay will be $75,655 per year, or $6,305 per month. Your average tax rate is 31.2% and your marginal tax rate is 43.3%. 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 $43.27, hence, your net pay will only increase by $56.73.
Bonus Example
A $1,000 bonus will generate an extra $567 of net incomes. A $5,000 bonus will generate an extra $2,837 of net incomes.