TaxTMI 
TaxTMI 
Dear sir,
what to do with the amount outstanding to the credit of unpaid bonus of earlier years? pl clarify
THE PAYMENT OF BONUS ACT
21 May 2019 
1 Reply 
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Unpaid bonus: query on treatment of outstanding prior-year bonus amounts and identification of reasons for non-payment.
Treatment of amounts standing to the credit as unpaid bonus under the Payment of Bonus Act poses the question of how to deal with outstanding prior-year bonus balances. The recorded reply addresses the reasons for pending unpaid bonus, identifying factors that caused non-payment and informing how outstanding entries on employee accounts may be resolved. (AI Summary)
Treatment of amounts standing to the credit as unpaid bonus under the Payment of Bonus Act poses the question of how to deal with outstanding prior-year bonus balances. The recorded reply addresses the reasons for pending unpaid bonus, identifying factors that caused non-payment and informing how outstanding entries on employee accounts may be resolved. (AI Summary)