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Bonus Payments

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(@dotty)
New Member
Joined: 14 years ago
Posts: 1
Topic starter  

I have read various post on a number of sites about how much an IP will take from a bonus payment after tax. Is it 50% or 100%? At what point is it considered to be a windfall payment £100? £1000? Is there any consistent approach or does it simply depend on the whim of the IP?


   
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Mark McFadyen
(@mark-mcfadyen)
Famed Member
Joined: 16 years ago
Posts: 4798
 

Hi dotty

There is no guidance which provides for exact figures or percentages. This is why it is extremely important to have the position with bonuses, windfalls etc clarified before you sign anything.

Mark

Mark is not posting regularly in the Trust-deed.co.uk forum.


   
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