Where can I check my tax code UK?

Check your tax code in your Personal Tax Account at gov.uk/personal-tax-account, on your payslip, or by calling HMRC on 0300 200 3300.

How do I claim back overpaid tax UK?

If you believe you have overpaid tax, claim a refund through your Personal Tax Account at gov.uk, through your self-assessment return, or by contacting HMRC directly. Most refunds are processed within 5 working days.

Money Guides ⏱ 2 min read 📅 Updated Apr 2026

How Are Bonuses Taxed in the UK? 2026 Guide

Bonuses are taxed as income in the UK. Here is how bonus tax works, why your take-home might be lower than expected, and strategies to reduce the tax.

Chandraketu Tripathi

Finance Editor, Kaeltripton

Published 14 Apr 2026

Last reviewed 18 Apr 2026

✓ Fact-checked

Bonuses are treated as regular income by HMRC and taxed at your marginal rate — 20%, 40%, or 45% depending on your total annual earnings.

Why this matters for your finances

Bonuses are taxed as income in the UK. Here is how bonus tax works, why your take-home might be lower than expected, and strategies to reduce the tax. Understanding how UK tax applies to your specific situation is essential for making informed financial decisions — from salary sacrifice to pension contributions to investment strategy.

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Getting the most from your tax position

Many UK taxpayers overpay tax simply because they are not aware of legitimate reliefs, allowances, and strategies available to them. A qualified independent financial adviser or tax specialist can review your position and identify opportunities to reduce your tax liability legally. Find verified advisers on the Kaeltripton Financial Index.

HMRC resources

For definitive information on your tax position, use HMRC direct resources: Personal Tax Account at gov.uk/personal-tax-account, the tax code checker at gov.uk/check-income-tax, and the self-assessment portal at gov.uk/self-assessment-tax-returns. These are free, authoritative, and updated in real time.

This article is for informational purposes only and does not constitute financial advice. Tax figures are based on 2025/26 rates. Always verify with HMRC or a qualified adviser.

Part of our complete guide:

UK Income Tax Rates 2026-27 - Complete Guide →

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Editorial Disclaimer

The content on Kaeltripton.com is for informational and educational purposes only and does not constitute financial, investment, tax, legal or regulatory advice. Kaeltripton.com is not authorised or regulated by the Financial Conduct Authority (FCA) and is not a financial adviser, mortgage broker, insurance intermediary or investment firm. Nothing on this site should be construed as a personal recommendation. Rates, figures and product details are indicative only, subject to change without notice, and should always be verified directly with the relevant provider, HMRC, the FCA register, the Bank of England, Ofgem or other appropriate authority before any financial decision is made. Past performance is not a reliable indicator of future results. If you require regulated financial advice, please consult a qualified adviser authorised by the FCA.

Chandraketu Tripathi

Finance Editor · Kaeltripton.com

Chandraketu (CK) Tripathi, founder and lead editor of Kael Tripton. 22 years in finance and marketing across 23 markets. Writes on UK personal finance, tax, mortgages, insurance, energy, and investing. Sources: HMRC, FCA, Ofgem, BoE, ONS.