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Being taxed 31% on my £250 bonuses - is this correct?
THEWIX_2
Posts: 1 Newbie
in Cutting tax
Hi there, I need a bit of advice. I am 28, Uk citizen, 1 full time job. I earn £25,000 basic and occasionally earn a £250 bonus. I only receive £172 of the £250 after I have been taxed though - this is a 33% tax which seems a bit much baring in mind I only earn £25K.
Does anyone know if this is correct? I have asked accounts and I only get a shirty response from the girl there "it's what the machine says".
Any help would be appreciated, thanks.
Does anyone know if this is correct? I have asked accounts and I only get a shirty response from the girl there "it's what the machine says".
Any help would be appreciated, thanks.
0
Comments
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Tax and NI seems about right.
Never associate with idiots on their own level, because, being an intelligent man, you'll try to deal with them on their level - and on their level they'll beat you every time.
Being hated by idiots is the price you pay for not being one of them.
Jean Cocteau 1889-1963
0 -
on your marginal earnings e.g your overtime you will be taxed at 20% and you pay NI at 11%EU tariff on agricultual product 12.2%
some dairy products 42.1% cloths 11.4%
EU Clinical Trials Directive stops medical advances0 -
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