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Bonuses (Recruitment, Awards, etc)

If you receive a bonus (e.g. for recruitment purposes or if you are selected for an award), the amount you receive is treated as Income for tax purposes.

Depending on your tax rate, the percentage of tax against the bonus may vary.

Log any such bonuses as Income on your tax return (add to the overall income amount) as these will count towards your earnings for the year.

Updated on September 25, 2017

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