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Posted: Wed Nov 07, 2012 10:26 pm
by sammysmith
Hi,
I write reviews for a magazine for dance productions which is paid by BACS at £500. This is for 12 reviews written monthly, but gets paid as a lump sum at the end of the year. How will payplan treat this, seeing as its for a years work and isn't a windfall...
Posted: Wed Nov 07, 2012 11:59 pm
by MelanieGiles
I suspect that it will fall under the 10%/50/50 ruling however you may want to put an arguement forward that it is deferred and thus paid annually. Can't you get them to pay you monthly?
Posted: Thu Nov 08, 2012 9:39 am
by sammysmith
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by MelanieGiles
I suspect that it will fall under the 10%/50/50 ruling however you may want to put an arguement forward that it is deferred and thus paid annually. Can't you get them to pay you monthly?
Hi Melanie,
By deferred do you mean that they would accept I could keep the money- as technically I am paid just £41.60 per month for it?
Posted: Thu Nov 08, 2012 1:17 pm
by MelanieGiles
It is possible that they may be persuaded to view the account in this manner, but you will really need to discuss this with them directly.