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Retention bonus

Answer
Kwok1121
Posted 9 days ago by Kwok1121
If I have an agreement for a retention bonus with employer to work for a period on 24/25 tax year and agreed the payment will be made deferred after 6 April 2026 (25/26 tax year). Will the tax courted on 24/25 or 25/26 tax year?
Answer
HMRC Admin 25 Response
Posted 3 days ago by HMRC Admin 25 Response
Hi Kwok1121,
As the payment will be made after 6/4/26 this is actually the 26/27 tax year

 

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