 Is this the correct tax code? |
| My mother has worked part time for the past 8 years and her 2006/07 P60 had her on a final tax code of 503L with a gross pay of £5755.85, NI £169.39 and tax 71.60. She had no other income. In D... |
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 Did anyone actually receive their rebate by direct deposit today? |
My last two SSN digits are 07 and I didn't receive it, although it says by May 2. Just curious as to whether anyone actually got it today.
Additional Details
It was deposited this ... |
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 I don't have federal taxes being taken out of my check? Why? |
| I started this job about 6 months ago, and have noticed that federal taxes arent coming out of my check. What am I doing wrong? I filled out my paperwork as married, claiming 4. Myself and my 3 ... |
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 I have recently gone self employed (sole Trader) does any body know what i can put down as business expenses.. |
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 How long after you got your letter did you get your Stimulus check.? |
I got my letter today my check is set for 6/27 I was just wanting to see if maybe I might get it earlier. My SS is 67 and I live in Kansas City.
Additional Details
I still did not get ... |
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 Why do I owe tax money? |
| I got my W-2 today and was excited to find out how much I was getting this year. After some investigation I found that I actually owe over $800 to the IRS! I would really like to know what went ... |
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 Going for a loan, but only get my wages weekly in an evelope with my earnings on the front.? |
| As its a very small business he doesn't produce lsips but only the envelope, so im going for a loan but need my last payslip., what do I do will they accept a envelope. its a proper one from ... |
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 Not a question!!!!!!? |
| i finally can see when my rebate will be deposited i am so happy last 2# 83 good luck with ... |
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 Part time cash in hand work? |
| I am starting my own business and will be declaring myself self employed. I would be working under another company though and it is their policy that I cannot have a second income. But for the ... |
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 Why was my tax rebate $300 when everyone seems to be getting $600? |
I'm single but my single friends got $600.
WTF? Where's the love, Uncle Sam??... |
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 Can my parents claim me on their taxes? |
| i'm a 20 year old student. i go to school half time, and live with my parents. however, i have a son that i claim on my taxes. can they claim me as a dependent?... |
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 Need help!? |
| what a good legal way of making money on the side?... |
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northville07 | How much can you earn before tax? |
what if it is your first job
and is only temporary
you get just under 400 a week
UK ONLY
Additional Details
because from my pay
they took around 80 pounds...tax and NI
can i get this back? |
 |
 
Angel
|
Not a lot. In case you hadn't realised, taxmen are like vampires. If you have money, they want some of it. |
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andrew m
 |
Go Fengirl !!!!!!
Wilfrid - shut up and listen to the experts !!
Spot on advice given. |
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Mrs George Clooney
 |
its something like less than £100 a week so you should be getting taxed
are you on emergency tax?
does your tax code begin with BR?
even though its your first job and its temp you still have to pay tax
welcome to the real world! |
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Luke Warnes
|
Your tax allowance for the year is probably £5200 (tax code 522), which means you can earn £5,200 per year before paying tax, this is calculated week by week or month by month according to how frequently you are paid.
You will start paying tax after the first £100 per week, at (if I remember) 10%, 20% and 23% - anything you earn over £39,000 will be taxed at 40%.
Further more there is National Insurance at 10.5%, but I am not sure of the threshold before that kicks in.
£80 stoppages look about right, but is about £20 less than my rough calculations above! |
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Emma
 |
you can earn up to £100 per week before paying any tax or NICS, thats £5225 pa. |
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parkfieldnr16
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I get 200 a week,but the stupid tax take alot. |
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confucious says
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APPROX £109.35 IT DOES NOT MATTER IF IT IS YOUR FIRST JOB AND IT ALSO DOES NOT MATTER IF IT IS TEMPORARY SOME FOOL SAID YOU DONT PAY TAXES FOR THE FIRST SIX MONTHS THIS IS COMPLETELY WRONG YOU PAY TAX FROM WEEK ONE UNDER THE PAYE SYSTEM |
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Muzikman
|
If over a 12 month period you earned less than say £4500 you will get a full tax rebate but not untill you provide full details of your earnings April to March of that year. (seriously)
However if you are an immigrant you will also be given a free house, possibly free dental care, free school meals for your kids and a free plane ticket to bring the rest of your family
over here.(not so seriously) |
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MsPleasure
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Pay your taxes dude! |
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tedrfandthedog
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About 6K per year before tax, I think. |
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suerye
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Your first £100 pw is tax free, but if you have only just started work, you have 6 mths of tax free allowances rolled up. You need to ask your employer for a form P46 - sign this to state this is your first job and he should put you on code 522L and you will be refunded through your pay. Any probs, ring HMRC. Take charge of your tax affairs, dont expect others to do it for you.
EDIT: Why thumbs down for a perfectly correct and sensible answer?
Wilfred - I have not said you dont pay tax for the first 6 mths. What I am saying is that as the questioner has not worked for 6mths this tax year, all those tax free allowances are available to him now. This have to be used up on top of the £100 tax free per week he is now due. I was HMIT for 26 yrs, so I do know what I'm talking about! |
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