Summary
If you make $16,000 a year living in the region of Yukon, Canada, you will be taxed $3,907. That means that your net pay will be $12,093 per year, or $1,008 per month. Your average tax rate is 24.4% and your marginal tax rate is 27.1%. 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 $27.12, hence, your net pay will only increase by $72.88.
Bonus Example
A $1,000 bonus will generate an extra $729 of net incomes. A $5,000 bonus will generate an extra $3,644 of net incomes.