Summary
If you make $52,460 a year living in the region of Ontario, Canada, you will be taxed $14,205. That means that your net pay will be $38,255 per year, or $3,188 per month. Your average tax rate is 27.1% and your marginal tax rate is 35.3%. 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 $35.25, hence, your net pay will only increase by $64.75.
Bonus Example
A $1,000 bonus will generate an extra $648 of net incomes. A $5,000 bonus will generate an extra $3,238 of net incomes.