Summary
If you make $64,931 a year living in the region of Ontario, Canada, you will be taxed $18,560. That means that your net pay will be $46,371 per year, or $3,864 per month. Your average tax rate is 28.6% and your marginal tax rate is 32.8%. 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 $32.78, hence, your net pay will only increase by $67.22.
Bonus Example
A $1,000 bonus will generate an extra $672 of net incomes. A $5,000 bonus will generate an extra $3,361 of net incomes.