If I receive large one-off payment from work as a gesture of goodwil it will fall into 50, 50 rule ?

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Kirsty.cr

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Post by Kirsty.cr » Mon May 12, 2014 7:04 pm
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Hi sorry, just want to ensure I am 100% clear. Am I correct in thinking that if I receive a large one off payment from work ie gesture of goodwill, however, this is paid via my payslip and taxed this is not classed as a windfall but would fall into the 50/50 rule?
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Foggy

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Post by Foggy » Mon May 12, 2014 7:12 pm
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I would assume this would be treated in the same way as a bonus and would fall under the 50/50 or 10% 50/50 rules, depending upon which one you have.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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luluj

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Post by luluj » Mon May 12, 2014 8:32 pm
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Welcome to the forum - I am of the same opinion as Foggy that it will be under the 50:50 rule.
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