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 What happens if you don't file your taxes?
If you don't file your taxes for whatever reason, do you get arrested? Fined? I know Marc Anthony JUST got caught for not filing HIS taxes for years, and he had to pay a large fee (although it ...


 How do i work out what percentage of 500,000 300,000 is?
...


 How much is $1million in indian rupees?
...


 When do I get my tax money?
When?...


 Is claiming him legal?
i supported my nephew last year. he lived with me from dec. 05 till about a week ago... can i claim him on my taxes? his mother already told me that she wasn't claiming him because it wasn'...


 Tax Question for Class?
I have a question for a tax class that i can't seem to find an answer to, can someone help me wit this.

Say i were to put up a 100,000$ reward for information leading the the arrest ...


 Does anyone know how much HR Block will charge to file a 1040EZ?
...


 When immigrates open business is it true that they do not pay taxs on their business for seven years?
...


 Can you still get a tax refund if you get paid under the table?
if so does the employer give you a form or how do you go about doing this?...


 Should a woman marry a man who refuses to file income tax return?
...


 Please 10 easy points question about taxes~!!!!!!!!!!?
okay so my mother wants to put me and my son on her taxes but i told her NO and that she can only put one (she doesnt want to have to pay money back) my boyfriend who i have 3 kids with is gonna put ...


 Tax rebate "wheres my stimulus payment"?
https://sa1.www4.irs.gov
this is new and updated today however when i put in my info it is not finding me even though the info is all correct. does it work for ...


 How do you pay taxes if you are being paid by cash???
How do you pay taxes if you are being paid by cash???

I’ve been working at petrol station for a month and they pay only by cash. I’ve asked them to pay me through a bank and provide ...


 2006 taxes, do i have to file if i dont owe anything?
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 Got my PAPER STIMULUS check today so everyone check your mail! ;-)?
Hey guys - a lot of you are familiar with me on here by now lol regarding the stimululs payments. Well my mom works for the post office so she called me and told me that my check was there - so I ...


 When did you get your PAPER stimulus rebate check if your last 2 digits are 00-09?
I am wondering when you received your paper check if you have last two social security digits between oo-09. I am trying to figure out of the paper check schedule is ahead of the dates given on the &...


 Has anyone got a paper stimulus check yet?
the last two of my social are 01, and i am expecting a paper check. has anyone with those two digits got theirs yet? it says on the irs website that they are supposed to be here by today, but u haven&...


 If I receive a cash gift of $3500 from my grandfather, do I need to pay taxes to the IRS on this money?
I'm very confused and cannot find how or where to report it, and I'm not sure if a gift tax or income tax applies. Please help!...


 Im on disable and i cant work i have a income of 2000 per year do i get rebate check?
...


 Inhertitance tax is the worst tax of all!?
not only do you have to suffer the pain and loss of lossing a loved one but then the UK Government (aka robbing B*******S) come along and say 'well if your going to get anymore than £285,000 ...



cjay66
Does a 16 year old lad have to pay tax. this is his first job?
he's on 170GBP per week, and is paying 38GBP in tax. Is this right
                     
 




sarah k
Rating
Look at your tax code on your pay slip if it says 522L it is correct. That means you can earn £5220 per year(about £100 per week) before getting taxed anything over that amount you pay tax on. Age is irrelevant.


Living in Britain
Everyone in the UK is liable to income tax if they have sufficient income, regardless of age. Your tax free allowance is approximately £5000 per year. This boy is earning nearly £9000 per year, so yes he is liable to pay tax.


undercover elephant
Rating
Everyone over the age of 16 and earning more than the tax threshold pays tax.

You ask if this is right. You bet your boots it is. HMRC don't take the tax for the good of their health, the Chancellor doesn't take it just to be mean. You and I need to be taxed to pay for our public services. The very same people who come on here whinging about paying tax are the very same ones who come here saying they want to collect a state pension at 50 and want ever higher numbers of doctors, nurses, teachers, policemen etc. I don't know how they propose to pay for it. Maybe shirt buttons?


spanther_22
sounds about right - your age has nothing to do with it. get used to it only another 50 years to retirement!


Pat R
Rating
Yes,its nothing to do with age,it goes by how much you earn.


krennao
Rating
death and taxes.. unfortunately


spensmum
You are allowed to earn an allowance each year that is tax free. You should get your son to phone up the inland revenue helpline or go online they will be happy to help. They will explain everything to him.


shelokay
yeah he has to pay tax.. only 16 yr olds that would get a reduction is full time students..


Davy B
Sounds about right. Everyone has to pay tax. The first £100 [-odd] per week is tax free. The next small bit is 10% and the rest at 22%.

Pays for all the services in Britain which he has used, uses and will use.


Oldgirl
Yep fraid so


jase X
* £5.35 per hour for 22-year-olds and above
* £4.45 per hour for 18-to-21-year-olds
* £3.30 per hour for under-18s who have finished compulsory education
* None for those who have not yet finished compulsory education (the age when a person finishes compulsory education is either 15 or 16, depending on where their birthday falls in the school year)

The adult rate has risen since 1999 from the initial £3.60 an hour. A £4.15 a day deduction can be made for living accommodation. No extra benefits such as redundancy, pension payments, loans, or awards can be included as pay. An exception is that if tips are distributed through the payroll system, then the employer can calculate that as part of the minimum wage.

The policy is criticized for having a separate tier of payment for 18-21 year olds, who are expected to pay tax, or pay £3000 per year for university, and pay National Insurance, yet can still be paid 90p per hour less than other adults(this applies to the UK only)


janemull
age is irrelevant you are taxed on your income and you would pay taxon this income.


Pleasant Peter Perkins
Rating
Income tax is not rated according to age...only earnings.

On this rate of earnings he will be paying approximately 10% tax on the first £2000 earnt in the tax year and 22% on the remainder. This is of course after any tax free alloowance he might have.


Knownow't
Sounds about right....yes we all have to pay tax on any income over and above your tax free allowance...thats the law....


Forbidden
No, it isn't right but this is the U.K. and everybody who works pays tax!!


Bobbin
Rating
I believe that if anyone over 16 earns £1000 or more a year, then they have to pay tax. So yes.


Indy500
Yes - it is right.

If Gordon had his way, you'd have been paying tax on yer paper round money, so expect nothing but tax from here on in kid!


SD
it depends on the company and the tax rate


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