Summary
If you make $99,970 a year living in the region of Ontario, Canada, you will be taxed $29,974. That means that your net pay will be $69,996 per year, or $5,833 per month. Your average tax rate is 30.0% and your marginal tax rate is 41.6%. 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 $41.61, hence, your net pay will only increase by $58.39.
Bonus Example
A $1,000 bonus will generate an extra $584 of net incomes. A $5,000 bonus will generate an extra $2,920 of net incomes.