Summary
If you make $84,942 a year living in the region of British Columbia, Canada, you will be taxed $23,422. That means that your net pay will be $61,520 per year, or $5,127 per month. Your average tax rate is 27.6% and your marginal tax rate is 29.1%. 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 $29.11, hence, your net pay will only increase by $70.89.
Bonus Example
A $1,000 bonus will generate an extra $709 of net incomes. A $5,000 bonus will generate an extra $3,545 of net incomes.