Summary
If you make $39,970 a year living in the region of British Columbia, Canada, you will be taxed $9,991. That means that your net pay will be $29,979 per year, or $2,498 per month. Your average tax rate is 25.0% and your marginal tax rate is 26.7%. 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 $26.73, hence, your net pay will only increase by $73.27.
Bonus Example
A $1,000 bonus will generate an extra $733 of net incomes. A $5,000 bonus will generate an extra $3,664 of net incomes.