Paid higher rate tax on bonus
If you get bonuses, commission or piece work, you'll need to work out your average hourly rate over a 12-week period to work out your weekly pay. Add up your For example, bonuses and incentives can be paid for meeting sales targets or project milestones. Bonuses are taxed depending on their type and frequency. The rate of tax and National Insurance you pay depends on how much you earn. Tips and bonuses; Benefits in kind Your Personal Allowance might be higher , for example if you've claimed certain allowances or if you've paid too much tax