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Is a bonus meant to be taxed more than monthly pay, if the bonus is the same amount at the monthly?

Posted 8 January 2015 under Tax Q&A


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Is a bonus meant to be taxed more than monthly pay, if the bonus is the same amount at the monthly pay?

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.

TaxTim TaxTim says:
8 January 2015 at 19:08

Depends on the method of working out the tax, if it is overtaxed then you will receive a refund once you submit your return for the tax year.


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