Delay salary
Options
Carole
Registered Posts: 57 Regular contributor ⭐
I've often wondered if this is legal? Can an employee opt to delay taking a part of their salary until the last pay period in a year to save on national insurance? I know there are separate rules for directors but what about employees?
0
Comments
-
I seeked professional advice.
It seems it is not illegal as such but there should be a genuine reason for reducing the salary. For example working reduced hours on a monthly basis and taking a bonus based on company performance at the end of the year, therefore creating a risk that the bonus may not be paid.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.4K For AAT students
- 264 NEW! Qualifications 2022
- 144 General Qualifications 2022 discussion
- 9 AAT Level 2 Certificate in Accounting
- 45 AAT Level 3 Diploma in Accounting
- 66 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 268 VAT
- 90 Software
- 271 Tax
- 133 Bookkeeping
- 7.1K General accounting discussion
- 195 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 578 Job postings
- 16 Who can benefit from AAT?
- 35 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership