Hi all,
New user here and after a search through the forums I couldn't find an answer to my particular question...
I am receiving a yearly bonus which I can elect to invest in a share scheme through my employer. But am I correct to assume that even if I invest all of the bonus to shares I will still have to pay PRSI and USC charges on this extra income.
I find it confusing that my take home pay for the month I receive the bonus could be a lot less than normal even though I really haven't taken home that bonus pay yet (if you get my drift!)
New user here and after a search through the forums I couldn't find an answer to my particular question...
I am receiving a yearly bonus which I can elect to invest in a share scheme through my employer. But am I correct to assume that even if I invest all of the bonus to shares I will still have to pay PRSI and USC charges on this extra income.
I find it confusing that my take home pay for the month I receive the bonus could be a lot less than normal even though I really haven't taken home that bonus pay yet (if you get my drift!)