Summary
If you make $295,980 a year living in the region of Yukon, Canada, you will be taxed $110,830. That means that your net pay will be $185,150 per year, or $15,429 per month. Your average tax rate is 37.5% and your marginal tax rate is 44.9%. 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 $44.94, hence, your net pay will only increase by $55.06.
Bonus Example
A $1,000 bonus will generate an extra $551 of net incomes. A $5,000 bonus will generate an extra $2,753 of net incomes.