Tax on bonus

Hello, I earn £45,864 per annum. This year in March I am to get a £4,953 bonus. Knowing the threshold to get taxed at 40% is £50,271, and this total will bring me up to £50,817, what will be the tax for the month I get my bonus? I am thinking of asking a lower bonus so I get under the £50,271 mark. Thank you, 

Name removed admin .

Hi titelalex972,
With your bonus being paid in your last wage of the tax year, you will most likely only be charged the 40% rate on the £546 you ultimately earned at the higher rate.
If you are overtaxed on your earnings, though, you would receive this back shortly after April, when we reconcile your pay and tax for the year.
Thank you. 

Hello, Thank you for your answer. So does that mean I will pay 20% as usual plus 40% on that extra £546? Good to know that if I get over taxed it will go back to me after April.

Hi,

That's correct, though the figure of tax paid may differ slightly depending on other factors, such as adjustments to your code, other sources of income and so on.

Thank you.