Holiday pay
Holiday pay is tax liable income in the year in which it’s paid to you. Holiday pay is, under certain conditions, not subject to withholding tax (no tax deducted) if it’s paid the year after the accrual year.
Holiday pay is tax liable income in the year in which it’s paid to you. Holiday pay is, under certain conditions, not subject to withholding tax (no tax deducted) if it’s paid the year after the accrual year.