 My mother lives w/me. I provide full support. Can I claim her as a dependent on my taxes? |
| She gets monthly SS check (small) and has interest from a savings account as her only income. I fully support her, heat, food, cable, phone etc etc.... |
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 Stimulus check HELP! Married filing jointly (I am a stay-at-home mom)?? |
| I read that married filing jointly with an income under $150,000 will be eligible for a refund check of $1200.00. My hubby made no where close to this amount. I am a stay at home mom of a 2 yr old ... |
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 Is it true that foreigners in the US don't have to pay sales tax OR property tax? |
| If this is true why isn't it a bigger political issue? I own a self storage business and property taxes are our largest expense. If a foreigner could avoid these taxes they would have an ... |
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 Can my son's father claim him on his taxes? |
| My son's father wants to claim him as a dependent. He says that since he pays child support (a whopping $300 a month) that he is entitled to, and will take me to court if I don't agree to ... |
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 The earned income tax credit makes me sick. How can we get rid of this? |
| It baffles me that just because you don't make a lot of money and happen to have a kid, the government can actually pay you! I can see giving people a break and lowering the taxable percentage ... |
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 Hello i have one child and will claim head of the household? |
| how much will i get back on my 2007 taxes and i make 29,000 a ... |
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 I am 34, full-time student, parent of two kids, what benefits, tax credits, income support etc can I get? |
| I joined university last Oct and will be finishing my course in summer'08. I had some savings to pay for my fees partially and now I am bit struck with my finances. I have already got Career D... |
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 Is anyone else annoyed that they won't get the economic stimulus check because they are a dependent? |
| I just checked the IRS site and it said that you are not eligible for any rebate if you can be claimed as a dependent. That means that I don't get a check as a 22 year old college student even ... |
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 My refund was to be direct deposited today. It has yet to reach my bank.? |
What I am wondering is if anyone else was to receive their refund today by direct deposit and if it has made it to your bank yet. Thank you!
Additional Details
IRS wheres my refund says J... |
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 I have still not received a W-2 from a past employer. They refuse to send a copy.? |
| I have contacted this employer numerous times regarding this issue and owner has refused to talk to me about it. I have also contacted the IRS and they are going to send a letter to the employer, ... |
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 Is your employer supposed to take out federal and state taxes? |
| I was wondering if your employer is supposed to take out federal and state taxes or if it is optional, I'm pretty sure that they are supposed to by law. I got my pay check on Wednesday and they ... |
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 Does a high school student working as a cashier need to pay taxes? |
Do I need to pay FICA tax (payroll)? Even if I do, should the difference be this big? ~$70 --> ~$58
Additional Details
they are paying me by check and it was actually $74.25 --> $58... |
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 What is good sofware/website to use to file my taxes? |
| i'm looking for something free or cheap, and simple. also something that will help me file my state taxes too. what are some good sites?... |
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 How much people can claim on my tax return? |
| can i claim my girlfriend, my kid, my niece, and my mom n dad.????... |
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onethingneedful | Can a kind soul help predict my income after tax in UK? |
I'm moving to England for a new job in a couple months and in order to help predict my budget etc. I'd like to know a ballpark of what I'll be actually taking home as far as my paycheck. In the States, I do not get much more than half of my annual salary. So, my salary is 25K pounds (sorry, can't locate the symbol for pounds), can anyone give me an idea how much will go to tax? Thank you! |
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Bob S
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You will keep about £20,000 k if you are on the PAYE (PAY AS YOU EARN) scheme. If your paid from abroad or not staying to long then look here:-
http://www.hmrc.gov.uk/pdfs/ir20.htm |
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tringyokel
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A salary of £25,000 will cost you -
income tax of £4,082, and
national insurance of £2,175.
The net pay would be £18,743 or about £1,562 a month.
All this assuming that there are no special exemptions because of your circumstances. |
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Smudgeward
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22% Income tax first 3 grand tax free
17.5% VAT value added tax on non essentials
loads on luxery goods, stay there if you smoke, it's not worth moving, 8 bucks a pack!
80+% on petrol/gas
But free health care, benefits if things go **** up and no real poverty that isn't caused directly by alcohol and drugs.
£25K is a lot of dough here. |
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Krishan A
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about 30% will go in tax and NI |
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gav_n_nic_don
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You will pay around 25% of your salary in tax and national insurance |
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babyonlyne
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not quite sure what all the rules are for people cming into the UK but the general idea is your tax code eg 522L shows your pay adjustment (free pay in this case cos its not a K code) so you'd be allowed £5220 before you are taxed under the PAYE cummulative system.
25000 - 5220 = 19780
tax at 10% on £2230 = 223
tax on next (£19780 - 2230) =17550 at 22% = £3861
PAYE on £25000 is (223 + 3861) £4084
NIC
earnings threshold is £5035
eveything above 5035 is NICable at 11%
so NIC is (25000 - 5035 =19965) £2196
total deductions is 2196 + 4084 = £6280
25000 - 6280 = £18720
if you get paid monthly £1560
if u get paid 4 weekly £1440
fortnightly £720
weekly £360
according the chancellor's budget tax is gonna change from april next yr and there wil no longer be the lower rate of 10% so will make a change in take home pay.
all calculations are on the assumption of no other deductions or you joining a pension scheme. |
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Alex L
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guestimating - at that salery - you will take home after tax aprox £20 k - so long as Prime Minister Brown's replacement isnt a pain in the backside |
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Selena B
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As far as I know 25% goes on income tax.Then you national insurance and city tax too. |
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Xpo
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pride park in derby |
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