Summary
If you make $19,912 a year living in the region of Ontario, Canada, you will be taxed $4,799. That means that your net pay will be $15,113 per year, or $1,259 per month. Your average tax rate is 24.1% and your marginal tax rate is 26.6%. 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 $26.59, hence, your net pay will only increase by $73.41.
Bonus Example
A $1,000 bonus will generate an extra $734 of net incomes. A $5,000 bonus will generate an extra $3,671 of net incomes.