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Tax credits... is there a maximum amount for a bonus you can get before it effects tax credits? Or does anything above your normal salary effect it?

2 replies

juicychops · 19/12/2007 14:37

il be getting a bonus next month... only £120 as im on a low wage, but am i going to just get this taken back off me again throughout the next tax year?

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flowerytaleofNewYork · 19/12/2007 15:38

Can't find the answer but maybe check here?

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HappyMummyOfOne · 19/12/2007 18:05

Yes, bonuses etc that are included in your final earnings for the tax year are taken into account by tax credits when you state your gross pay at renewal.

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