Bounty/wages

Discussion in 'Army Reserve' started by jason123, May 1, 2011.

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  1. jason123

    jason123 Old-Salt

    Anyone out there getting their first year bounty now? If so, how much did you get? And are wages being pushed back to the 3rd as a result of bank holidays etc,

    Cheers
     
  2. Silent_Scope

    Silent_Scope Old-Salt

    I'm on my first year bounty too;

    From the ArmyJobs website:

    1st Year £424
    2nd Year £934
    3rd and 4th Year £1,443
    5th and subsequent years £1,674

    It probably took you longer to write that post than it did for me to google it and get the answer ;)
     
  3. jason123

    jason123 Old-Salt

    Yea I got those figures too, but I got a payment of £594 into my account, so I was trying to figure out if the bounty has gone up since that article or was I paid at the same time.
     
  4. msr

    msr LE

    I would suspect it includes pay for April.

    msr
     
  5. richy4

    richy4 Old-Salt

    I only got £318 for my bounty
     
  6. Was the rest taken in 'tax' by your PSI?
     
  7. BigGSheff

    BigGSheff Old-Salt

    No joke, check that you haven't been taxed on that. I had my bounty taxed year before last.
     
  8. richy4

    richy4 Old-Salt

    Thought bounty was tax free?
     
  9. BigGSheff

    BigGSheff Old-Salt

    That's the thing, its meant to be, but don't let that stop the pay people putting it through wrong!
     
  10. JD150

    JD150 War Hero

    Bounty is tax free, it is also pro rata in your first year so unless you were enlisted as at 01 April 10 your first year bounty will be reduced based upon the proportion of the year you completed.
     
  11. polar69

    polar69 LE

    I never knew it was pro rata in 1st year.
     
  12. Silent_Scope

    Silent_Scope Old-Salt

    Yeah it is, as I got 30% of my first year; meaning I got paid more after tax than I got from my bounty.

    Oh well, £900 next year :)
     
  13. Do you actually have any idea of what you're talking about?
     
  14. BigGSheff

    BigGSheff Old-Salt

    Yes thank you. Having had a bounty payment taxed a couple of years ago.
     
  15. Well, I'm guessing by "the pay people" you mean your admin staff? Who have no control over if a JPA element entry is taxable or not o_O

    If you're talking about SPVA (ie JPA), then meh, yes they're shit but I imagine that was at the introduction of JPA? If you're talking Unicom then heh, I have no idea.