 How do i stop paying emergency tax? |
| I currently have the tax code BR and after checking i found it to be an emergency tax code. I have been in my current job 4 1 month and havn't got a P45 from my last job. What can i do to avoid ... |
|
 I have not filed income tax forms in 21 years, what can happen to me? ? |
| Taxes are removed from my paycheck every pay period, I just don't file.... |
|
 How "Unfair" is the "Wellfare" state? |
| I've been on Anticoagulants for 23 years after heart surgery and will be on it for life and have recently been told I am too unfit to work so am now claiming Incapacity benefit. but as my incap ... |
|
 Since the IRS is mailing my stimuls payment check so late will i get interst? |
| It was suppose to be issued May 9th, direct deposit, but I no loger have that acct. So they will mail me a paper check in Aug, are they going to add interest to it, since they are withholding my ... |
|
 I reveived a letter from the IRS? |
| They want almost 400 dollars in state taxes they say I haven't paid to California. I live in Louisana, the only time I was in California was when I was stationed there from 2001-2005. I tried ... |
|
 Should non smokers be allowed NHS treatment?When they pay next to nothing by way of tax? |
Why should the smoking public support these people? Why should smokers give there lives to help them? Smokers want there money to go to children not scroungers.
Additional Details
S... |
|
 Why I can't live because of high taxes but I should give it away.? |
| I want to know why I have to pay high taxes because the government is giving it to some irresponsible person that claims they can't get a job and need welfare for the 3 kids they have. I'm ... |
|
 Why isnt this illegal ? |
| In the state i live in , if you by a used car you have to pay the sale's tax on it b4 you can tag it,,This is the law ..Okay if you sale the car , the new owner has to be the sales tax on it ... |
|
 I got a mail from uk stating that i have wone a cash prize now the person is at mumbai airpot and telling me? |
| to deposite the tax amount so now iam confused weather i really won the prize i have allready paid 40000 towards courier charges so what i should do please contact to no 9949119207... |
|
 Do you think Wesley Snipes should have been jailed for 'tax evasion'? |
Bearing in mind that the 16th amendment was never ratified...
In 1894 Congress passed an income tax act very similar to the current income tax law. That law was challenged on the basis ... |
|
 What are YOU going to spend you Income tax refund on?!? |
I'm sure we all have BILLS...but other than that..anything special your going to splurge on?
Additional Details
I am all about the splurge!! I figure, its MY money and I worked hard ... |
|
|  |
Gemma | Am I Self-Employed? |
If I'm a freelance translator, and I translate from English to German or vice versa, am I considered to be self-employed and do I have to register and pay tax?
I do not have an office, nor do I do any bookkeeping. I get paid in cash (for instance, I charge £20 per hour, and if I translated for 2 hours, I'll get £40 on that particular day).
I advertise my services in newspapers and sometimes I go on for 2 days without anyone calling me, and sometimes I translate for 3 days in a row. I earn about £800 a month. I'm just not quite sure if I should register as self-employed here in Britain? |
 |
 
carole
 |
I don't know about UK, but here if you work for yourself using your own name then you are self employed and pay your own taxes on your personal tax number. If you want to accept checks with a company name on it then you need to get registered with a business tax ID.
Here when you work from home, a portion of your home expenses can be taken as a tax deduction as cost of doing business. Part of your rent (if your office takes up 1/3 of your home, you can take 1/3 of your home expenses as a tax deduction), electric, heat - all of your office supplies, internet (if it is critical to your business). I think you would do well to talk to an accountant (who's fee might also be tax deductible) to find out the most profitable strategy for you.
Peace! |
|
smee_1972
|
Yes, you are self-employed. I would advise you to register as such and pay your taxes each year - if you don't, you don't want them catching up with you a few years down the line and asking for five years worth of taxes (plus interest!) in one go! Especially as you advertise your services....doing the odd job here and there and being referred by word of mouth is one thing, but this does need to be registered. |
|
davey b
|
well yes u are, but if ur that unaware id start to worry!! seee your local council for starters. |
|
Snowth
|
Absol-f***king-lutely. You are the very embodiment, the very definition, of a self employed person. I don't know what else you think you could be???
Or is this another one of those wind up questions? Cause if it is, it's getting pretty boring. |
|
ade r
|
if your not on paye or employed by someone who pays your tax and ni contributions from your earnings you are classed as self employed so probably a good idea to register with the tax man and stay out of trouble |
|
naplusultra
 |
You have the perfect job. CIH plus JSA, no way they can trace you. No tax, brilliant :). V to all tax collectors. You beat the system. Don't listen to the jealous one's on here. You made my night, many thanks :) |
|
lynn j
 |
yes |
|
Rigo
|
If you don't answer to anyone in your business, then it's safe to say you're self employed. The volume and activity of your business, if it's your only source of income, is likely inconsequential. |
|
I want to help
|
Yes you are self-employed. You work for yourself and don't have anyone above you that you work for. If the Inland revenue finds out that you are working without paying tax then they will tax you and that can be backdated since you started doing your business.
So it may be a good idea to stay on the straight and narrow and just get an accountant and register to pay your taxes. Or maybe get some legal advice on the matter.
All the best |
|
InitialDave
|
Yes, you are self-employed.
Bend over, son, and think warm thoughts - here comes Gordon Brown's cronies... |
|
wild_eep
 |
Yup, you are self-employed. You're supposed to fill in a tax return once a year, you will be seeing a tax bill off that, and it will hurt somewhat. But it's better than scamming and then getting caught.
Note: failing to have evidence of your turnover can be just as bad as pretending it doesn't exist. What if the taxman says Aha! but you might have been making £8000 a month! Eh? Eh?? Keep Good Records.
Another thing about record keeping - do you count up your expenses? Depreciation of assets? How often do you buy printer ink? or a new computer? All of this can keep your tax bill low, and possibly eliminate it. If it costs you money to work, that money isn't taxable.
The good news: with that turnover, you don't have to register for VAT. You need to see about £60k p.a. before you have to bother with that. |
|
rocky
|
The answer is you are self employed any one who finds there own work is classed as self employed.If you can get away without registering good luck to you |
|
megan321
|
As I see it you are earning in excess of your tax allowance and should therefore pay tax on any earnings above approx £5000.The fact that you are payed cash is irrelevant,You should also pay national insurance on your earnings and the years that you do not pay will seriously go against you when you try to collect your pension, unless you are able to find a sugar daddy.
Of course if you are payed in another country the tax laws may be different |
|
AngelWings
|
Why not contact your local accountants to ask for specific advice on any taxes you should be paying and whether you need to register to pay VAT etc? I would say you are self-employed though. And for future reference don't double post questions as its against yahoo answer rules. |
|
Grin Reeper
|
yes you are self employed. if you receive money for services they you must pay taxes... but hey if you can get away without paying tax i say go for it!!!! |
|
the Boss
|
You are self-employed |
|
CyberCommie
|
Yes. Do you have a problem with sexual harassment at work? |
|
PALADIN
|
To be sure, I would talk with a barrister. |
|
naughty boy
|
YES, YOU ARE |
|
husquarana
|
yes you are, the tax office are now waiting for your returns |
|
Zippy
|
Yes, you are self-employed. All governments like to receive taxes owed but there are sometimes minimum income requirements in order to mandate reporting. If you are consistent in earning $800 a month you are likely required to file. Also, keep in mind that depending on your expenses (you mentioned you advertise) your net income may be low enough that reporting may not be a requirement. I recommend speaking with a tax adviser familiar with the UK tax system or a friend who is also self-employed. |
|
Den
 |
In order for the Inland revenue to decide whether you are self employed or just merely employed, you need to fulfil certain criteria.
Who controls the day to day running of the firm?
Who has the financial risk?
Whose equipment are you using?
If you go on holiday or are sick, will somebody else cover?
Are your services exclusive?
Who takes home the money?
Who works for who?
any obligations
Written contract?
By answering these, you can go to your tax office and make a valid claim. However, it is best to contact your personal accountant to ask for advice.
I hope that helps |
|
jewelking_2000
|
If you aren't employed and you earn money you are self employed.
The date for filing for the year to April 2006 is the end of the month. There is a fine for not filing. You also need to register within 3 months of starting business. You may also need to charge vat if you excede the threshold for vat.
Sorry |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
23 | 4 minutes(s) ago
| | | |
23 | 11 minutes(s) ago
| | | |
22 | 43 minutes(s) ago
| | | |
23 | 1 hour(s) ago
| | | |
23 | 2 hour(s) ago
| | | |
23 | 7 hour(s) ago
| | | |
23 | 10 hour(s) ago
| | | |
23 | 1 day(s) ago
| | | |
23 | 5 day(s) ago
| | | |
23 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
