Summary
If you make $38,484 a year living in the region of Ontario, Canada, you will be taxed $10,008. That means that your net pay will be $28,476 per year, or $2,373 per month. Your average tax rate is 26.0% and your marginal tax rate is 28.9%. 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 $28.88, hence, your net pay will only increase by $71.12.
Bonus Example
A $1,000 bonus will generate an extra $711 of net incomes. A $5,000 bonus will generate an extra $3,556 of net incomes.