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Golden Hello (Do you pay Tax AND NI?)

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iforwms
iforwms Posts: 32 Forumite
in Cutting tax
I get a 'golden hello' that is a taxable lump sum in my first paycheck, will I have to pay Income Tax and NI, or just IT?

I think it is £2,741.01. So will I get £2192.81 or £1891.30?

Thanks in advance,

-Ifor

Comments

  • fengirl_2
    fengirl_2 Posts: 4,530 Forumite
    Yes you pay NI as well...its just salary by another name.
    £705,000 raised by client groups in the past 18 mths :beer:
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