- FAQ
- Login
- Register
- Call Workpermit.com for a paid service +44 (0)344-991-9222
ESC
Welcome to immigrationboards.com!
Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, Administrator
Bonuses are allowed. It says it in the new guidance notes:ozgrant wrote:There is no mention of bonus and commission in the new guidance doc as being allowed for inclusion in past earnings. I assume they are but wanted advice from experienced members. Both items are separated on my pay slip. Thanks in advance.
I personally would consider the term commission and dividends about the same thing. But because I'm not claiming commission or dividends, I am not 100% sure.123. Earnings may include, among other things:
salaries (includes full-time, part-time, and bonuses);
If you pay income tax on Commissions (i.e., non-expense) then these can be included as well. An example would be the Sales Commission paid to Sales Manager depending on quota target achieved at end of the year. Here, the income tax is deducted from the earned Commission and paid as income to the employee. Ditto for bonuses as explained above.GeneNZ wrote:Bonuses are allowed. It says it in the new guidance notes:ozgrant wrote:There is no mention of bonus and commission in the new guidance doc as being allowed for inclusion in past earnings. I assume they are but wanted advice from experienced members. Both items are separated on my pay slip. Thanks in advance.
I personally would consider the term commission and dividends about the same thing. But because I'm not claiming commission or dividends, I am not 100% sure.123. Earnings may include, among other things:
salaries (includes full-time, part-time, and bonuses);
Thankyou everyone. It is reasonable to assume then that any component on my payslip which contributes to the "gross for tax" amount, i.e. it is taxable, can be included in earnings? My employer has separated out annual leave from normal working days as amounts for example. Also allowances for being on call.crowbar6 wrote:If you pay income tax on Commissions (i.e., non-expense) then these can be included as well. An example would be the Sales Commission paid to Sales Manager depending on quota target achieved at end of the year. Here, the income tax is deducted from the earned Commission and paid as income to the employee. Ditto for bonuses as explained above.GeneNZ wrote:Bonuses are allowed. It says it in the new guidance notes:ozgrant wrote:There is no mention of bonus and commission in the new guidance doc as being allowed for inclusion in past earnings. I assume they are but wanted advice from experienced members. Both items are separated on my pay slip. Thanks in advance.
I personally would consider the term commission and dividends about the same thing. But because I'm not claiming commission or dividends, I am not 100% sure.123. Earnings may include, among other things:
salaries (includes full-time, part-time, and bonuses);
You can't include any reimbursable expenses.
Yes, this is correct.ozgrant wrote:Thankyou everyone. It is reasonable to assume then that any component on my payslip which contributes to the "gross for tax" amount, i.e. it is taxable, can be included in earnings? My employer has separated out annual leave from normal working days as amounts for example. Also allowances for being on call.crowbar6 wrote:If you pay income tax on Commissions (i.e., non-expense) then these can be included as well. An example would be the Sales Commission paid to Sales Manager depending on quota target achieved at end of the year. Here, the income tax is deducted from the earned Commission and paid as income to the employee. Ditto for bonuses as explained above.GeneNZ wrote:Bonuses are allowed. It says it in the new guidance notes:ozgrant wrote:There is no mention of bonus and commission in the new guidance doc as being allowed for inclusion in past earnings. I assume they are but wanted advice from experienced members. Both items are separated on my pay slip. Thanks in advance.
I personally would consider the term commission and dividends about the same thing. But because I'm not claiming commission or dividends, I am not 100% sure.123. Earnings may include, among other things:
salaries (includes full-time, part-time, and bonuses);
You can't include any reimbursable expenses.