Boards
Bonuses and the tax man
Over the next 6 weeks or so, I'm supposed to be getting two bonuses that work out at about a grand added together. I know I'm going to be taxed on them but can't seem to find a straight answer on at what rate anywhere.
Any of the clever clogs on here know? If you're on the standard 22%(ish) tax rate (that is, you don't earn megabucks), are bonuses taxed a similar rate? Is anyone else getting a bonus? BONUS!!
NB: My bonus will be spent on one day of fun and then overdraft repayment.