Getting paid £500 as a lump sum for one years work

[sammysmith]

Hi,

I write reviews for a magazine for dance productions which is paid by BACS at £500. This is for 12 reviews written monthly, but gets paid as a lump sum at the end of the year. How will payplan treat this, seeing as its for a years work and isn't a windfall...

[MelanieGiles]

I suspect that it will fall under the 10%/50/50 ruling however you may want to put an arguement forward that it is deferred and thus paid annually. Can't you get them to pay you monthly?

[sammysmith]

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by MelanieGiles

I suspect that it will fall under the 10%/50/50 ruling however you may want to put an arguement forward that it is deferred and thus paid annually. Can't you get them to pay you monthly?

Hi Melanie,

By deferred do you mean that they would accept I could keep the money- as technically I am paid just £41.60 per month for it?

[MelanieGiles]

It is possible that they may be persuaded to view the account in this manner, but you will really need to discuss this with them directly.