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Reduce income tax paid on bonus payments

Submitted on Thursday 4th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th February 2012

Signatures: 2

Tagged with

income tax ~ Money ~ Tax

Petition Action

Reduce income tax paid on bonus payments

Additional Information

I currently work hard to achieve my bonus at work, however the tax I pay on this bonus is nearly a third including NI contributions.

I do not work in the public sector so the money I earn is not paid for by the taxpayer.

If someone achieves well in their career they deserve to earn a reward for this.

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