Is the TTO backpay taxable?
The TTO backpay element is taxable, NIable & pensionable (if you pay into a pension) however, the pension compensation element (in multiples of £50) is taxable, NIable but not pensionable.
The following question and answer sheet is to be used as a guide for dealing with term time only support staff pay queries.
The TTO backpay element is taxable, NIable & pensionable (if you pay into a pension) however, the pension compensation element (in multiples of £50) is taxable, NIable but not pensionable.