Payroll Query

Original Post:

Newchodge

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  • Business Listing
    Nov 8, 2012
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    Newcastle
    I suspect that the OP wants to give the employee some extra money as a reward hence the bonus. But if there is probably no way to minimise the tax consequences for the company without going to a really creative accountant.
    The tax consequences for the company are that they will pay less tax and slightly more NI. The employee will have to pay tax and NI on the bonus
     
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