Work are giving me a bonus of 3K. Will this be classed as a windfall ?

[Kirsty.cr]

Work are giving me a gift payment of 3K this will be paid into my salary and will be subject to normal tax deductions ect and will appear on my payslip as a bonus. will this come under the 10% 50/50 rule?or classed as a windfall. Any help appricated thank you

[Foggy]

I would imagine it would, being work related, be classed under the 10% 50/50 rule.

[Foggy]

My bonus payments, albeit only around £100 mark were always treated as 50/50 ( I didn't have the 10%). Maybe if they were above £500 they would have been looked at differently.

[footiemad]

Ours are always treated as 10/50/50 x

[november09]

Thanks everyone, I was always led to understand if it was a bonus via work I could keep half, but because it's a large bonus not sure of the rules. By the time it's taxed etc it will be more like 2k . So would only keep 1k if I have to pay half.

[november09]

Thanks everyone, I was always led to understand if it was a bonus via work I could keep half, but because it's a large bonus not sure of the rules. By the time it's taxed etc it will be more like 2k . So would only keep 1k if I have to pay half.

[Michael Peoples]

Bonuses, commission or similar are not treated as windfalls so you should be able to keep at least half. Check your proposal and enjoy the cash.

[MelanieGiles]

Definitely not a windfall, so payable to your IP in whatever ratio of split is applicable to your proposal.

Sounds like a holiday may be on the cards - and well done for over-performing at work to be rewarded with such a nice bonus.