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Split pay or not

Shefwedfan · 2017-01-06 18:19:06

Ok so I am due a bit of a bonus. So I am wondering is it better to split it over 2 months or just take it all in one pay packet? Does it really make any difference as I am already using up my tax credit with basic wage?

06-01-2017 6:19pm

#1

Shefwedfan

Closed Accounts Posts: 18,958 ✭✭✭✭

Join Date: November 2015

Posts: 18610

Ok so I am due a bit of a bonus. So I am wondering is it better to split it over 2 months or just take it all in one pay packet?

Does it really make any difference as I am already using up my tax credit with basic wage?

0

Comments

#2 07-01-2017 1:23pm

CIARAN_BOYLE

Registered Users, Registered Users 2 Posts: 14,599 ✭✭✭✭

Join Date: December 2007

Posts: 14299

Shefwedfan wrote: »

Ok so I am due a bit of a bonus. So I am wondering is it better to split it over 2 months or just take it all in one pay packet?

Does it really make any difference as I am already using up my tax credit with basic wage?

Assuming you are on a normal basis of taxation it's all the samemails. It's all the same in the long run anyway book the bonus sooner so you get cash sooner.

0