Tax Codes help - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HUKD, you accept our cookie and privacy policy.
Get the HUKD app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

Tax Codes help

choclatepup Avatar
7y, 3m agoPosted 7 years, 3 months ago
I am getting a standard wage, don't get paid very much,
however i am getting a bonus this month of 2k so do i tax this the normal way to work out my wage or do i take of extra because u am getting this plus my wage will the tax code or will it still be about 20%

any help would be great,

choclatepup Avatar
7y, 3m agoPosted 7 years, 3 months ago

All Comments

(2) Jump to unreadPost a comment
if ue remployed this will taxed at your normal rate however you may go on a higher tax code next year
i think its right u may pay a lot of tax this month
but should even out towards the end
go on the inland revenue website , all depends on your annual salary. if you earn upto 38k then you are 20% tax rate but if you go above that per annum then you will be taxed at the higher rate. it also depends on your tax code.

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!