I recently worked about 17 hours of overtime in a weekend, submitted it and expected to be paid that month but I missed the cut off date apparently.
This is fine, but I will also be paid part of my bonus next month, so both the overtime, and the bonus will be in the same pay packet. Does this mean I will pay more tax/NI over all, or just more at once?
Some example figures to work with in case it helps:
- Say I earn £2200 a month before tax, £1800ish after.
- The OT is about £500, and bonus is about £700.