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TOPIC: One-off bonus

One-off bonus 4 months 2 weeks ago #102441

  • Will99
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I have been at my current employer for 16 years, and in that time I have received I think 3 performance-related discretionary bonus payments, most recently for the income year being taken in to account for my annual review calculation.
I am sure I read somewhere some time ago that bonuses only count in the maintenance calculation when they are regular payments, and that one-off bonuses like mine can be deducted from the income figure used for the calculation, however I can't find that advice anywhere now.
Anyone there with knowledge about this ?

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One-off bonus 4 months 2 weeks ago #102447

If this figure is taxable, and is added to the HMRC end of year tax figure, then this will count as earnings and therefore you child maintenance calculation.

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One-off bonus 4 months 2 weeks ago #102449

  • HRabbit
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If your bonus takes you over 25% above the amount that you were assessed on last year, it will also trigger a retrospective award for the last(current) year. So back pay plus the new award for next year.

If it does not go above the 25% then it will only be included in the new assessment they make for your next year moving forward.

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One-off bonus 4 months 2 weeks ago #102450

  • Will99
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Thanks Yoda and Rabbit.
I must be mistaken then because I was sure I had read somewhere that 'one-off', i.e. rare bonus payments could be removed from the income figure used for the calculation (subject to variation claim and sufficient evidence provided), but try as I might I cannot find that info again anywhere.
No it doesn't breach the 25% threshold ...

Thanks again

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One-off bonus 4 months 2 weeks ago #102459

hi will,

its good the bonus does not breach the 25% threshold. im actually glad the current client i am with are too stingy to pay any over time or give bonuses :p

as far as i know, if you get any bonuses or overtime pay, then all that gets included in the maintenance calculation.

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