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 Has anyone recieved their tax rebate yet?
I heard news that the Stimulus rebates would begin getting directly deposited today. Based upon my ss# I should have gotten mine, but no deposit has been made to my account as of yet. Has anyone ...


 File taxes with last paycheck stub?
Is this legal? How to do it?...


 My employer does not take any deductions from my pay and I will not receive a W2. How do I file a tax return?
I am an insurance agent that works for my mom. Does she have to do something in order for me to file?
Additional Details
Will I owe money even claiming dependents?...


 Do Americans pay income tax out of patriotism, 'cos they sure don't have to by law?
http://video.google.com/ Details
This is a full feature film, but watch it if you hate paying income tax. You'll be ...


 What is the earliest date that you can e-file your taxes in 2008 ?
...


 My parents claimed me on their taxes & screwed me out of my $1200 return to save them $4000. What should I do?
My mom is and has been unemployed for 2 years, so my stepdad and I are the only ones working. My stepdad is a self employed truck driver, who has to pay into estimated taxes every quarter...pretty ...


 How long do I have to keep past tax returns/records?
How long do I need to keep the records from a tax year? How many years after filing is an audit by the IRS possible?...


 How much is $249.99 plus tax?
tax where i am is about $0.08...


 How would a person file taxes this year if they haven't filed in over 5 years?

Additional Details
will there be any penalities to pay for not filing the previous years?...


 Do I need to file? I heard if you are single and make less than a certain amount, you don't need to file taxes
Is this true. I am 27, and single, I did not make much last year because I was disabled from a car accident. I was not even able to collect disability, the insurance company did not pay out. I had ...


 Does anyone know if you get the irs rebate if you owe taxes?
I was just wondering....can't seem to find it written anywhere....

T...


 I checked the IRS webcite for refund status?
The last 2 numbers of my SS# are 32. There is no information for me. Is anyone else having this issue? I'm getting nervous....


 How old do you have to be to pay taxes?
If you are under 18, but have a job, do you start paying taxes? Is their a certain age?...


 Why is the UK tax year run from 6th April to 5th April and not from January to December like other countries?
...


 Since changing my electricity account over a year ago i have never had a bill. Really worried.?
I have rang and asked on a couple of occasions but have still not received one. What should I do?...


 OK i'm 12 my dad died in Jan when will I be able to move on??
we were close only i can't move on help ...


 Can I claim all my children if I have custody 55% of the time?
I was told by a friend if I have custody of my children any amount over 50%, I can claim all of them on my taxes because I would be head of household. Is this true? No child support is in the order....


 WHy haven't I got my taxes back?
I filed my taxes way back in february and I still have not got my taxes back, whats going on!! I'm only 17 and im not getting much back, like a little over $300, but money is money. And my uncle ...


 In the U.S., do I really have to have my taxes sent in by the 15th of April, even if I am getting money back?
...


 I work for an independant contractor who pays me under the table. How should i pay taxes on this?
He claims that since he pays taxes on the income earned from each job that the money he pays me does not need to be taxed any further. Do I really not have to pay taxes on this?! Seems a little odd ...



d6197
How much tax would you be charged on earnings of £35,000 a year?

Additional Details
some people are saying 33% - 40%. so are you saying if you are earning £35,000 you would only be taking around £20,000 home? why the more you earn the more tax? whats hte point you may aswell get a lower paid job and less tax.
                     
 




Tina
1 - 2,090 pounds is charged at 10%
2,091 - 32,400 pounds is charged at 22%
32,401 and above is charged at 40%

This means that the first 2,090 of you income is charged at 10% (209 pounds)
Next is 30,310 charged at 22% (6,668.20)
Lastly 2,600 charged at 40% (1,040.00)
Amounts to 7,917.20 pounds income tax payable


Pat
reduce ur income by 5035, ur personal allowance.

then the first 2090 is at 10% = £209.00
and the rest at 22% = 6132.50

total income tax = £6341.50

also charge NI at 11% = 3296.15

net pay therefore = 35000 - 6341.50 - 3296.15 =


£25362.35


Copper
Pretty much what Tina said, although you do get a tax free allowance each year which means that the first few thousand pounds are tax free unless you've used your allowance up on dividends from shares or interest from the building society etc.


The Pirate Captain
Rating
£9,483.46

http://www.listentotaxman.com/index.php?calc=1&year=2006&age=0&add=0&taxcode=&period=1&ingr=35000&Submit=Calculate


jazi
Rating
35k to 40k you are in the 33.3% bracket...of course with write-offs it would be reduced at tax time...


Mungo
Rating
Too much!!!!


Saskia M
Rating
40%


dontdoweekends
22% tax 11% national insurance. The threshold for 40% tax is £38,000. Hope this helps.


BRAVEHEART
Rating
33% inclueding ni , but you can cailm expenses back for any job if you earn over ten grand a year


CherryP
The first £5035 is tax free = £0
The next £2150 @ 10% = £215
The next £27815 @ 22% = £6119.30

Total tax due = £6334.30

Please note several previous replies are using the old rates, the £2090 10% band applied between april 2005/april 2006, it has increased to £2150 this year.


asru
ask your accountant or income tax lawyear!!


Mr Chops
Rating
33%


Zealander
Rating
If the £35k is your gross salary, your annual personal allowance will be deducted from this before tax and national insurance is calculated. If this is your only form of income, then you will be taxed at 22% and the national insurance is calculated at 11% (totalling 33% of deductions from your salary).

Example £35000 - 5035 (personal allowance) = £29965 taxable income. £29965 x 33% = £9985. Therefore your net pay will be £35000 - £9985 = £25015 net pay.

Hope this helps!


Walt.
In my country is 15%. So be careful on this one!


geoffwilding2712
40% kicks in at 38k. Look at your expenses, claim everything
Do not pay some accountant for a simple tax return, do it on line.


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