Summary
If you make $159,996 a year living in the region of British Columbia, Canada, you will be taxed $52,120. That means that your net pay will be $107,876 per year, or $8,990 per month. Your average tax rate is 32.6% and your marginal tax rate is 45.1%. 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 $45.08, hence, your net pay will only increase by $54.92.
Bonus Example
A $1,000 bonus will generate an extra $549 of net incomes. A $5,000 bonus will generate an extra $2,746 of net incomes.