Tax due back??

G

Graftgirl

Registered User
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My husband has had to take a huge drop in his salary, his take home pay is now half what it was..
My question is this, would he now be due back a tax rebate, really hoping so:)
 
If he was on 41% and the drop means he has come even partly into 20% then he may be entitled to a refund. Look at his Standard Rate Cut-off Point, if previous pay was above it and new pay is below it then there may be a refund due.

However if he was already on 20% and is still on 20% then it is unlikely. There may be relief from Health Levy if new pay is below the threshold and old pay was above.
 
If payroll is being operated correctly any tax refund would be paid through payroll, and no further tax refund due.
You should make sure that all correct tax credits are being claimed.
 
Thanks for your replies, Yes he was paying 41% previously and now is in the 20%. He did earn more than his standard weekly cut off and now with salary reduction is earning just below his standard weekly cut off.
hopefully he will be due back as it would help immensely, the salary reduction happened 2 weeks ago so hopefully there will be some repayment through payroll. All tax credits are being claimed and he also has my tax allowance/credits.
Thanks.
 
If he's now earning only slightly below his standard rate cut-off then there will only be a small amount of pay that was taxed at 41% but now cumulatively comes into the 20% bracket. It sounds like there might be a very small repayment only.
Sorry, I know that's not what you want to hear.
Sybil
 
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