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  • RE: annual bonus tax implications

    Hi there, I earn £70,000 annually - common 1257L/ 0 tax code. I have two questions: 1. I took home only £4129.10 in April 2024 whereas it should be £4263. My projected income in my HRMC account is set to £72903 annually. Is this projected income creating issue with my monthly take home income? As, there is no guarantee I would get bonus this financial year and also its usually less than the projected. What needs to be corrected so that I get my normal £4263 per month? and how do I get my refund for April 2024 as it should be £4263? 2. I received £2000 in bonus in March 2024 pay and roughly £1100 was deducted in tax. What went wrong there? When will this be adjusted and refunded? How does this work or how was this supposed to work? This is a big chunk that has been taken out. Many thanks