Reenie67

The bonus refers to the FY'24, payable in cash, via payroll. Payroll month is going to be this month, March. For pension limit tax reasons, I want to push it to April 2025 payroll and request bonus sacrifice towards pension.

I am due bonus for 2024 company performance, payable in March 2025. I want to request bonus sacrifice and put the money towards pension, but it would be more beneficial to receive the bonus in April 2025 and put the full lump sum towards my pension. In March, the bonus would exceed the pension annual limit. Can I request my employer to pay the bonus one month later? The company financial year runs from Jan to Dec and the bonus is relating to 2024 FY. Thank you