Summary
If you make <b>$230,000</b> a year living in the region of <b>British Columbia</b>, <b>Canada</b>, you will be taxed <b> $85,871</b>. That means that your net pay will be <b>$144,129</b> per year, or <b>$12,011</b> per month. Your average tax rate is <b>37.3%</b> and your marginal tax rate is <b>51.6%</b>. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of <b>$100</b> in your salary will be taxed <b>$51.63</b>, hence, your net pay will only increase by <b>$48.37</b>.
Bonus Example
A <b>$1,000</b> bonus will generate an extra <b>$484</b> of net incomes. A <b>$5,000</b> bonus will generate an extra <b>$2,419</b> of net incomes.