Summary
If you make $44,971 a year living in the region of Ontario, Canada, you will be taxed $11,732. That means that your net pay will be $33,239 per year, or $2,770 per month. Your average tax rate is 26.1% and your marginal tax rate is 30.2%. 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 $30.20, hence, your net pay will only increase by $69.80.
Bonus Example
A $1,000 bonus will generate an extra $698 of net incomes. A $5,000 bonus will generate an extra $3,490 of net incomes.