Anton
Joined: 3/24/2024
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RE: annual bonus tax implications
Hello! I was paid 86000 p/y salary monthly. PAYE, this payslip March 26 I am receiving an increase to 94000 and getting bonus. Am I understanding correctly that txes will be calculated for the prior year in general, but current month will be taxed higher? Also, according to what I read here tax rebate will be spread across next year, is this correct?