Summary
If you make USh 119,999,984 a year living in Uganda, you will be taxed USh 40,923,994. That means that your net pay will be USh 79,075,990 per year, or USh 6,589,666 per month. Your average tax rate is 34.1% and your marginal tax rate is 43.4%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of USh 100 in your salary will be taxed USh 43.40, hence, your net pay will only increase by USh 56.60.
Bonus Example
A USh 1,000 bonus will generate an extra USh 566 of net incomes. A USh 5,000 bonus will generate an extra USh 2,830 of net incomes.