Income definition

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  • Raene
    Email problem
    • Nov 2012
    • 43

    #1

    [Question] Income definition

    Hi everyone

    If wish to pay a member of staff a "bonus" for the next three months because she is doing the work of an employee on maternity leave what type of income is it considered? It would be taxable income and I need it to reflect as an additional income as it will fall away at the end of the year. It is not a performance bonus or incentive so I am stumped. Any suggestions would be appreciated.

    Thank you
    Raene
  • Mike Simmonds
    Email problem

    • Aug 2011
    • 76

    #2
    Hi Raene

    You could call it an "Acting Allowance" and tax it under 3713 - Other Allowances Taxable

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