 Help with taxes!!? |
| Does anyone know of a website where it explains the meaning of claiming single or married and the amount of dependants? I am married and I would like to have more taken out of my paycheck each week ... |
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 How can I get less taxes taken away from my paycheck???!!!???!!!? |
I make a good income and feel that taxes are killing me. I get paid biweekly and and my check is $2925 and it comes out to $1885 after taxes!?!?!?!!? How can I get this down?
My Dad is ... |
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 IRS Stimulus check question? |
| did anyone get their stimulus check yet? How long did it take after your letter came to get it? also what numbers does your last two digets fall under? I know I supost to get mine within this week or ... |
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 PAN Card Allotted or not ? |
| I have a strange problem. My auditor has filed IT returns on with a PAN No which is claimed to be in somebody else name. How do i find out whats the PAN number alloted to me ? I had applied for PAN ... |
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 Are too many people claiming too many benefits these days? |
| I've been temping in a debt management company for the last few weeks and processing people's financial statements. More than 70% of the people are on benefits, alot of them with 4+ ... |
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 I already filed my fed taxes. The next day, I got a 1099G for a 2006 state refund? |
I did my taxes online, and filed electronically....I don't remember ever having to report my past year state refund in past years....
What is that 1099g for, anyway? Do I HAVE to ... |
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 I am going to pay 67% as income tax on my income? Thats Terrible... Help me...? |
| I am a telemarketer from india working for a mortgage company is USA, that company said i need to pay income tax in USA at 37% and now when i get my NET income after taxes. In India i have to again ... |
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| Would I need to pay council tax? |
| Me and my boyfriend are moving into together .. Im a degree student and my bf is in full time work. Now because Im a student would we need to pay council tax? Whats the system for student?... |
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 Does anyone know what time of the day they usally deposit a tax refund check? |
| We were suppose to recive it today but it has not got direct deosited yet.... |
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 Tax question about H&R block? |
| My husband and I started a business in 2007 and we have not made any profit just yet we still bought things for the business. My husband wants to go to H&R block to have our taxes done so we have ... |
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 20,000 pounds a year. How much would that be after tax? |
| Was looking on the net and found a job in the uk, and the salary was 20,000 .I believe that is before tax (considering that in Britain that's the way they do it) how much would it be after tax?<... |
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Christina Z | Does anybody know how much tax is cut from minimum wage in the UK? Thanx? |
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 |
 
steffi
 |
I don't know where all these fairy stories get dreamed up from!
In the UK, there are no longer any tax allowances for dependants unless you were born before 05/04/1935, when you can still claim marriage allowance.
For this tax yea, which ends on 05/04/2008, you can earn £5225 before tax, from 6th April it is £5435.
This year, 2007/2008, after the tax-free allowance, you pay 10% in the first £2230, 22% on the next £32370, and 40% on anything over.
In 2008/2009, you will pay 20% on the first taxable £36000, and 40% over that. The % of tax you pay varies according to your level of earnings.
If you want to work it all out for any year, look at www.listentotaxman. |
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Kerry K
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depends on how many hours you work and what your tax code is. |
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kayleigh e
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Depends if you have a tax code, the standard code at the moment is 522L which means you have £5220 tax free pay. If you earn under this you don't pay tax, if you do then you are taxed on the remainder. If you are on basic rate, tax is 22%. However if this is your main income then I would suggest you contact your payroll department and get hold of a P46 as this will reduce the tax you pay. |
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Uggle
 |
It is 17.5%. Though it can vary eg if you have earned less than £3k in the tax year, if you are on emeregency tax (ie if started a new job without a P45 from previous employer). |
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Michael
 |
It is 11% if you have a tax code
22% at basic rate if you have no tax code
It also depends on how much you earn. You get an allowance of about £5,000 tax free before you have to start paying tax on income.
Don't forget you also have to pay National Insurance Contributions! |
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dorothy s
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This depends on your tax code. You may not have to pay anything if you have dependents. You could also claim other benefits to make your wage up. Google benefits for a low wage earner. |
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Carlie
 |
Ok this is the actual answer:
If you work 7 hours a day at the current minimum wage (From April 2008) at £5.52. Over five days a week and fifty two weeks a year, you would get £10,046.40 gross.
Net Deductions are as follows: (2008/09 rates)
Tax free - £5435
£4611.40 is taxable at 20%
£922.28 is the tax due
£504.50 are your NI contributions at earnings over £105 per week
Total Deductions: £1426.78
NET Earnings: £8619.62
Monthly £718.30
Weekly £165.76 |
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zoezeph
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Too Much! |
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Daveygravey
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Thinks it 22% but you can check on the government website. |
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