No tax on overtime or bonuses up to £10k

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Petition Action

No tax on overtime or bonuses up to £10k

Petition Details

Many workers spend extra time and effort to better themselves and earn extra money. Currently overtime and bonuses are taxed, but we believe employees should be able to receive the full benefit of any overtime or bonus they receive, up to £10k a year.

Additional Information

I was disappointed to find out that overtime pay and bonuses are taxed, and that so many hard-working people are not receiving the full benefit of the work they put in to earn overtime and bonuses. We believe overtime and bonuses should only be taxed if they exceed more than £10k a year.

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