Summary
If you make $19,953 a year living in the region of Ontario, Canada, you will be taxed $4,809. That means that your net pay will be $15,144 per year, or $1,262 per month. Your average tax rate is 24.1% and your marginal tax rate is 29.1%. 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 $29.05, hence, your net pay will only increase by $70.95.
Bonus Example
A $1,000 bonus will generate an extra $710 of net incomes. A $5,000 bonus will generate an extra $3,548 of net incomes.