Income tax question

[mofus77]

My wife's about to give birth in about a months time, we're just sorting out her company car and fuel card. My question is around income tax...

 

She currently pays the higher level of income tax but will be on maternity and statutory pay for 8 months of the year meaning that she will not reach the threshold for 40% tax in the 2010/11 tax year.

 

Does this mean that her income tax level for the year 2010/11 will be at the lower level of 20% for the whole year ?, I.E. will she pay the lower rate of tax on the company car/fuel card for the entire year and any income tax at the higher rate already paid ( from April to July )will be rebated ?

 

Thanks in advance

[sutty]

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[mofus77]

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[matty]

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[Kvarme Ate My Food]

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[matty]

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