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Wife returning to work

wgreer1976 · 2010-07-23 11:05:50

My wife has been off on maternity leave and is due back in 2 weeks. I have had all her tax credits while she is off. When she returns she is due Xmas and holiday payments. Is she liable to be hit with a big tax payment on these and how can we minimse these

23-07-2010 11:05am

#1

wgreer1976

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Join Date: July 2010

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My wife has been off on maternity leave and is due back in 2 weeks. I have had all her tax credits while she is off. When she returns she is due Xmas and holiday payments. Is she liable to be hit with a big tax payment on these and how can we minimse these

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Comments

#2 23-07-2010 11:48am

Mr. Incognito

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Yes she is, however you should apply for a p21 balancing statement as soon as the year ends and make sure you are claiming all your credits and you can get a refund for any amount overtaxed for the year.

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