Summary
If you make $94,991 a year living in the region of Ontario, Canada, you will be taxed $28,087. That means that your net pay will be $66,904 per year, or $5,575 per month. Your average tax rate is 29.6% and your marginal tax rate is 37.6%. 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 $37.60, hence, your net pay will only increase by $62.40.
Bonus Example
A $1,000 bonus will generate an extra $624 of net incomes. A $5,000 bonus will generate an extra $3,120 of net incomes.