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  • RE: annual bonus tax implications

    Hi all, I am a placement student and have an end of contract date in June (started June 2023). I have a Yearly salary of 25,000 (initially 21,775) and I will be receiving a bonus in my April pay of 2,334. As I have an end date, I’ve been warned that I may be over taxed since there is not enough months after my April pay for this to balance out. Firstly, just wondering if this is correct? And if so, is there any way to pro-actively sort this rather than wait for a refund the following year? Thanks!