0
Hujian1979 Posted 12 years ago
Business & Finance
what does this mean?
what does this mean?
The yearly bonus is subject to individual income tax and will be paid to the Employee in April of next year if the employee is active on payroll when the yearly bonus is paid.
I can't understand this sentence, especially " active on payroll".
The yearly bonus is subject to individual income tax and will be paid to the Employee in April of next year if the employee is active on payroll when the yearly bonus is paid.
I can't understand this sentence, especially " active on payroll".
Top answer
I can't understand this sentence, especially " active on payroll". The sentence communicates the following items: 1) The bonus is taxable. 2) The bonus is for this year, but will be paid next April.
- I can't understand this sentence, especially " active on payroll".
- The sentence communicates the following items: 1) The bonus is taxable.
- 2) The bonus is for this year, but will be paid next April.
- 3) In order to receive the bonus, the employee must still be employed in April (even though the bonus is for the year prior).
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
1 Answers
0
hujian1979 what does this mean?The yearly bonus is subject to individual income tax and will be paid to the Employee in April of next year if the employee is active on payroll when the yearly bonus is paid.I can't understand this sentence, especially " active on payroll".The sentence communicates the following items:
1) The bonus is taxable.
2) The bo
0
Related Questions