 Anybodys government stimulus check's late yet? |
i checked IRS.gov and it said mine would be directly deposited before may 9?
but it is not in yet
i did my taxes online fast so it should be going straight to my bank.
A... |
|
 Pick up my paycheck but dont want to work.? |
| i have to work tomoro but i dont wana, but i want my pay check, how can i get my paycheck with out them noticing me, or getting in and out fast, any crazt ideas that migh t work?... |
|
 If an employer hesitate to give w2 then what employees can do? |
| Can employee report to IRS about the employer? Is it a law that employer must give W2 to all of its employee irrespective of current employee or ex employee?... |
|
 My salary has been wrong for 6 years - who has to pay the tax man I am in the UK? |
| My company have been administering for salary incorrect for 6 years. They have been deducting my pension contribution from my taxable income and I have been paying tax on the lesser amount. They ... |
|
 If im recieving income support, dont work and live with my parents, how much child tax credit will i recieve? |
and how much will my income support go down to if i get £35.65 a week if i recieve child tax credit?
ive tried to contact child tax credit and income support but nothing has worked.
A... |
|
 I am in law enforcement if i dont have a house is there a way i can claim my uniforms / equipment and our son? |
Additional Details
ok obviously by the answers i am getting yall dont seem to understand the question or maybe i asked the wrong question i should say is it possible to fill out long ... |
|
 Does a baby have to be born by 12/31/07 to be claimed as a tax deduction on my 2007 return? |
| If my baby is born in March of 2008, I would have the Social Security Number. Am I allowed to put this on my return and claim the deduction? If this isn't allowed and I do it, would there be a ... |
|
 If I file my taxes illegally, what's going to happen? |
| Ok, for whatever reason, my husband and I didn't have fed. taxes taken out of our checks all year. When I went to file, it said we owed over 1,000. When I took his income off, it said I would ... |
|
 Can i refuse the stimulus payment? |
is this payment something that i can refuse, for own personal reasons? what are the payback terms and conditions?
Additional Details
CAN IT BE REFUSED?... |
|
 Exempt from Federal Taxes....Will I still Recv a Refund for 07? |
| Ok, here is my predicament. I filed exempt on my tax forms like I do every year with 1 exemption thus preventing Federal Taxes from being taken out of my paychecks and ONLY Fica/Med/State taxes ... |
|
 Please don't bother cutting and pasting the IRS mailing schedule, I need direct answers...? |
| Last 2 of my SSN# is 20, at this point I am aware that I am not getting DD (but instead will be getting a paper check) My question is: Since the IRS started distributing the paper checks early, ... |
|
 Can my ex claim the children as deductions on his taxes if he is behind on his child support? |
| My decree says that we each claim 2 of the 4 children. But it doesn't say if he can or can not if he is behind on child support. A friend's decree specifically says that her ex can not if ... |
|
 Why the government forces people to pay tax? why can't I opt out of their social programs and not pay tax. |
| I just want to live in a remote area, I dont need the goverment for anything. And I dont wana pay any taxes either. So why the government is allowed to jail me if I do so? Do they own me?... |
|
 Where do I "report" my employer if my W-2 was not mailed by the 1/31 deadline? |
I'm VERY angry I have not received them. Yes, I know they, legally, have to be POST MARKED by the 31st. But if they are post marked, say 2/5/09, where do I go?
Additional Details
P... |
|
|  |
Caroline G | I've been offered 2 p/t jobs. 1) is 13000 p/a. 2) is 2500 p/a. Will I pay high tax because I have 2nd job? |
|
 |
 
SimonC
|
Some of these answers are wrong and some are right.
To clarify: You have a personal allowance of £6035 before you pay any tax. You can then earn a further £34,800 which is taxed at 20%. Some benefits are also taxable so they are counted as part of your income for these purposes.
You will earn a total of £15,500 in a year, and it makes no difference whether you have 1 job, or 2 jobs, or 20 jobs. The total amount of tax you pay will be the same.
It will seem like you pay a lot more tax on the second job, because the tax on the first job will be lower to take account of your tax free personal allowance. But it would be exactly the same as if you got a £2,500 rise in the first job and quit the second one. This is shown in your tax codes, which tell your employer how much tax to deduct. The code for the first job will be something like 603L and the second job will be BR.
Tax is calculated in years that start on 6th April. If you start these jobs soon, and you have not earned much this tax year, then you may temporarily pay too much tax to start with. This is because you will not earn enough in the first job before 6th April to fully use your personal allowance. But you will still pay 20% tax on the second job when actually you are entitled to use the remainder of your personal allowance against it. If this happens the tax office will sort it out directly with you after 6th April.
Once you are in the new tax year everything will sort itself out. |
|
shy tot
|
You will pay the same tax as if you had 1 job @ 15500 per annum.
Your tax code will be set against the 13k job and the second job taxed at 20%, the basic rate of tax. |
|
ANF
|
Your tax liability will be based on the total earned at the two jobs. The tax however might only be collected from only one of the jobs so it will seem a lot at the time but in the end it will equalise out. |
|
Dave's Mum
 |
No
You can have as many jobs as you like as you like and will only pay high rate tax when the total income goes over 37K |
|
johno
|
You will pay the base rate on the 2nd job with the least income. |
|
bud
|
seeing it is only a part time job you are earning a lot for your first job [£250 a week] i wouldn`t mind that, anyway yes you will pay 20% tax on all £2,500 on your 2nd job. |
|
karlmarsh98
|
Hi Insomnia's answer is wrong. Dave's Mums answer is better.
The way it works is that you pay no tax for the allowance amount, then 20% tax on everything after that up to £34,800 (this year - up to April) Then 40% on anything over that (again for this year)
This means that out of the £13,000 job you would pay tax on £13,000-£6,035=£6,965 at 20% = £1,393 Tax a year
If you just did the £2,500 job you would pay no tax, but you would be skint!
If you did both you would pay 20% tax on (13,000 + 2,500) - 6,035 =9,465 = £1893 Tax per year
As you can see on the link the allowance goes up for next year, so you would pay a bit less after April.
If you have been out of work, your benefits would be counted as part of your allowance. SO if you had received £3,000 so far this tax year you would start paying tax after the next £3,035 which would probably mean you would not end up paying tax until April.
Hope this helps to make it clearer. |
|
jesusbeliever365
|
yes, since taxes come out of your income, you will pay more. and you will pay as much as the percent of your income comes. |
|
stickywicket36
 |
i believe you will, i earn nowhere near 37k and i have to pay basic rate tax if i do any work other than my own job |
|
Please punctuate properly folks.
 |
yes, careful with that - it can be almost totally pointless to have a second job, as the grasping Chancellor taxes it so highly. Sadly, not a lot you can do, other than try them both, and see what you get stung with. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 21 minutes(s) ago
| | | |
10 | 42 minutes(s) ago
| | | |
10 | 57 minutes(s) ago
| | | |
10 | 3 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 3 day(s) ago
| | | |
10 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
