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Question about my bonus in this months pay

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Comments

  • Mat_Lock
    Mat_Lock Posts: 2,386 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Right, so the only thing I need to do is ask payroll why I have an Unpd Hol of 7.75 on my payslip.

    I've been maticulous of my holiday dates and am sure this should not have happened.
  • Mat_Lock
    Mat_Lock Posts: 2,386 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well thanks everyone for the help. Looks like not providing all the information could have saved everyone a whole lot of headache.

    :idea:
  • GavB79
    GavB79 Posts: 751 Forumite
    Part of the Furniture 500 Posts
    :wall: ............
  • chrisbur
    chrisbur Posts: 4,271 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    As advised your problem lies with your gross pay and only your payroll dept can sort that out for you. When you see them it would be as well just to check your tax code to see if the 1 on your payslip is for month 1 (it is possible it refers to something else) Your tax paid is almost exactly correct for code 647L so if you were on a month 1 code you must have been on it all year. The only problem that might arrise is if you should be on a different code if for example you get any taxable benefit from your employer. As I say may not be the case but worth checking.
  • Mat_Lock
    Mat_Lock Posts: 2,386 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Cheers, I've never known about tax codes or what they mean, apart from the 647 means the 6475 tax band allowance.
  • redpete
    redpete Posts: 4,738 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Mat_Lock wrote: »
    Well thanks everyone for the help. Looks like not providing all the information could have saved everyone a whole lot of headache.

    How was anyone meant to be able to answer your question without understanding the full picture?
    loose does not rhyme with choose but lose does and is the word you meant to write.
  • Mat_Lock
    Mat_Lock Posts: 2,386 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Because I had no idea how bonuses work. I didn't know it would need other factors to generate it's value. I was under the presumption that a lump sum at the end of a year £232 would only be affected by the Tax and NI of that so around 30%. I've never had a bonus so never expected all the drama associated with it.

    As said in my last post, thanks everyone consider the matter closed.
This discussion has been closed.
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