3 days ago · Withhold a flat 22% federal income tax rate on bonus pay with the percentage method. You will withhold taxes on the employee's regular wages like normal.

7 days ago · The 13th month salary is a mandatory payment equivalent to one-twelfth of the annual gross salary. This payment is made in two installments: 50% in June and 50% ...

2 days ago · Tread with caution when paying the “Christmas bonus”! The Supreme Court has placed further restrictions on employers regarding terms and criteria for business ...

3 days ago · The Christmas Bonus provides a 100% increase in the weekly rate of payment for eligible recipients including pensioners, people with disabilities, carers and ...

1 day ago · Some contracts of employment contain clauses that allow for a deduction of pay to recoup bonus payments if an employee gives notice within a stated time period ...

3 days ago · Discover the ins and outs of bonus pay in Ireland, including tax implications and how to claim rebates. Essential reading for employees and employers.

6 days ago · The DWP bonus is a one-off, tax-free payment made to people who get certain benefits in the qualifying week.

2 days ago · TikTok video from VirginMediaNews (@virginmedianews): “Over a million people received ...
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Posted: 2 days ago