Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Work

Chat with other users about all things related to working life on our Work forum.

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?

OP posts:
flowerytaleofNewYork · 19/12/2007 15:38

Can't find the answer but maybe check here?

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.

New posts on this thread. Refresh page