Salary Sacrifice
Author
Discussion

fourstardan

Original Poster:

5,920 posts

163 months

Friday 28th March
quotequote all
If you are earning a bonus that gets you to above 100k will that mean I get put into the next bracket?

I'm thinking about recommending a wealthy mate puts a % into his pension to avoid going over.

Yes I'm coy....and clueless lol.

AdamC28

131 posts

114 months

Friday 28th March
quotequote all
Yes, bonuses are included in assessable pay.

J1_Jon

307 posts

245 months

Friday 28th March
quotequote all
fourstardan said:
If you are earning a bonus that gets you to above 100k will that mean I get put into the next bracket?

I'm thinking about recommending a wealthy mate puts a % into his pension to avoid going over.

Yes I'm coy....and clueless lol.
Yes and you should (get him / them) professional advice but on the cheap here, why not put a % into a pension to be tax efficient ... assuming he/they have the relevant earnings.

fourstardan

Original Poster:

5,920 posts

163 months

Friday 28th March
quotequote all
J1_Jon said:
Yes and you should (get him / them) professional advice but on the cheap here, why not put a % into a pension to be tax efficient ... assuming he/they have the relevant earnings.
Yes they will be smile