Summary
If you make $34,936 a year living in the region of Ontario, Canada, you will be taxed $8,986. That means that your net pay will be $25,950 per year, or $2,163 per month. Your average tax rate is 25.7% and your marginal tax rate is 27.0%. 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 $26.95, hence, your net pay will only increase by $73.05.
Bonus Example
A $1,000 bonus will generate an extra $731 of net incomes. A $5,000 bonus will generate an extra $3,653 of net incomes.