 I plan to invest money in LIC for short term duration,India? |
| My Age :24, Salary - 35 k per month. i have two sisters, their age around 16,20. so for my sister marriage, i have to start save money now. so which plan suits and benefit for me?.. short term means(3... |
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 in NJ are hand knitted slippers taxable? Can I charge sales tax on them? |
| needed to know if clothing and accessories are taxable under the NJ state tax. Trying to earn a little on the ... |
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 What is the HST (20 characters long)? |
I'm not sure on what this does exactly.
Anyone got some info?
I'd like to do some grocery shopping, in what way will this effect my spending??... |
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 Please please please please PICK ME please? |
I know that walmart allows in store refunds up to 45 days without a receipt. But do I have to go to the same walmart I purchased it from?
All answers will be well appreciated :]... |
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 Is 40,000 a year a good salary? |
| I just got out of college and my parents offered to let me live at home rent-free if I need to while I get on my feet. I have no kids or anything but will 40,000 get me far?... |
|
 taxable income in retirement? |
I am 66, single, retired, and in receipt of the state pension and a small occupational pension.
In total my income from these comes nowhere near my supposed 'tax free allowance' [of ... |
|
 How much would taxes take from 35,000? |
| How much would taxes take from 35,000? My mom won thirty-five grand on a scratch off lottery ticket, and we wanna know how much money she'll get back.... |
|
 Vat ID for Windows Marketplace? |
Hi,
I've decided to write some apps for the new Windows Phone and to sell them on the Windows Marketplace; however, Microsoft tell me that I need a VAT ID (I'm in the UK) in ... |
|
 Adjust old invoices for HST? |
Today is July 1st. Back in January, I sent some invoices with GST to clients. Some of these clients still haven't paid me.
Do I need to send them new invoices with HST adjusted ... |
|
 UK ONLY how much income based job seekers is the average ? |
| I am waiting for my claim to go through regarding income based job seekers allowance.....was just wondering if anyone here knows what the average amount is.... |
|
 How much will I have to pay in taxes in Alberta? |
| I'm starting a new job, and I nobody taught me anything about taxes and returns and this whole game with the government, so I don't know how much I'll eventually owe. So here's my ... |
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| How much will taxes deduct from my pay check? |
| I started working for McDonalds in San Francisco California just 2 weeks ago. I work 40 hrs a week for 2 weeks already so I'm guessing my paycheck is coming soon. I never asked but I presume I ... |
|
 do we still get our gst cheques every 3 months as well as the hst transition chqs? |
| i keep reading that we only get 1 more gst chq on july 5th, and then we just get the hst chqs.. i was just wondering if thats true or if we still get it july 5, oct 5, jan 5, april 5.. and get our ... |
|
 can we claim ssp when my husbands work sickness benefit finishes? |
| Also are we entitled to any other benefits?council tax relief etc?We have mortgage protection so will that go against us.He is waiting for an operation on his knee which means he will be unfit until ... |
|
 Do I need to pay for Canada customs if the shipping method I paid for is USPS Priority Mail International? |
I'm from Canada and ordered an item from a small company located in Michigan, U.S.
My questions are:
1.) What exactly are Canadian customs? Is this some sort of random ... |
|
 what happens to the gst rebate ? |
now that the hst is in effect , which is another stupid tax grab cause the government can't spend money wisely .
is the gst rebate gone ? what happens to that ?
is it not ... |
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bmspelvis | How do taxes work for money made with Paypal? |
I've heard of 2011 as when things are going to change... just an overall explanation of tax implications of making money online would be great. |
 |
 
Judy
|
Paypal is just a method of payment.
If you make money online, you must report it the same as any other income must be reported. |
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StephenWeinstein
 |
The tax implications of making money online will be the same as the tax implications of making money any other way. Officially, this was already the case. The only thing that will be changing is the reporting requirements, to make it easier to catch anyone not paying the tax that was already required before the change. |
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Mathew
|
Generally "PayPal" is a means by which one person pays another person or company for services or goods acquired online. If you are receiving funds for either goods or services it is possible if not likely that such an activity would result in a tax liability of some sort. If there is a tax liability from a given activity that tax is due regardless of the means by which the proceeds changed hands. The change you refer to in 2011 is a result of the government making assertions that they plan to crack down on those making money over the internet for activities that would be taxable. At the present time there are very few regulations in place to allow the government to track this type of transaction. That will change in the future, particularly given the increase of internet commerce. That said you may wish to come to an understanding that any online business activity is just as taxable as business conducted in a traditional arena. |
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