How much tax should I pay on my bonus?
28 October 2008, 04:32 PM
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How much tax should I pay on my bonus?
Recently got a pay rise and a £700 bonus. I currently earn £22347 per year. How much of the £700 should I actually see. Working out my pay slip, I have paid 31% tax on it!
28 October 2008, 04:36 PM
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31% doesn't sound too far off as you'll be paying NI on it too. Does a % of your wages go into a pension scheme as that may have been taken off the £700 also.
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28 October 2008, 10:03 PM
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29 October 2008, 12:06 AM
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