Summary
If you make $89,921 a year living in the region of Ontario, Canada, you will be taxed $26,346. That means that your net pay will be $63,575 per year, or $5,298 per month. Your average tax rate is 29.3% and your marginal tax rate is 32.1%. 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 $32.09, hence, your net pay will only increase by $67.91.
Bonus Example
A $1,000 bonus will generate an extra $679 of net incomes. A $5,000 bonus will generate an extra $3,396 of net incomes.