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Bonus taxation

Answer
John67890ijlk
Posted Thu, 09 May 2024 18:57:42 GMT by John67890ijlk
Hi Team! In February 2022 (lived in a different country and not resident in UK) I was granted a bonus of 150k for my performance in the year 2021. As per bonus grant notice payment is to be done (and was done) in 2 installments: 50k in February 2022, 100k in February 2023. In June 2022 I got my work visa in UK and I became a tax resident of UK. I have read the forum thread and based on your answers my bonus is not taxable for UK as bonus relates to my work in the year 2021 before moving to UK, is this correct? Thank you!
HMRC Admin 10 Response
Posted Mon, 13 May 2024 11:05:08 GMT by HMRC Admin 10 Response
Hi
Yes, this correct.

 

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