How much is the 8 years commitment bonus for the old scheme

[itscraigbaby]

I have been in the army since 2003 so i'm still on the old scheme. I was expecting to get the £5000 bonus as thats what everyone who joined at roughly the same time has said they recieved. I have just checked on the system and it has said i'm getting £2500. I got £3000 for my 5 years so i'm quite disapointed to see that it's only £2500. I dont know if the wrong paper work has went through or if thats what i'm now entitled to. Any help on this matter would be appreciated. Also any links on were to find correct entitlements.

[Amphibian]

Doesn't sound quite right to me mate, have you spoken to your CO about it? If not Im sure tab will have a better idea.

[itscraigbaby]

I was thinking that. I'm not back at my unit until Monday so will definetly be chasing up. Hopefully find out the info before i go in to talk to them, just incase they try to flog me off.

[Amphibian]

Yeah its in your best interests to find out before you go steaming in, as I say Im sure one of the blokes on here will know what the situation is.

[itscraigbaby]

yeah,i'll see if anybody sends me some info on the matter

[Tab]

Now was this money to be paid tax free, or did you not ask.

[itscraigbaby]

Yeah, it's taxable. So was expecting £5000, then that would have been taxed so would have walked away with 3700

Have now found out is £2500 and that is taxable so expecting £1800