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 Is there a Tax Credit for Hobby? and how is this possible!? (texas)?
buddy of mine went to get taxes done, preparer said i can get you $250 back. my bud got upset, tax guy said he actually owed but worked the numbers. my friend then went to another lady that gave ...


 If my child lives with me but visits his father on the weekends can he claim him on his tax's?
i have worked off and on since the father of my son and i split up, going on 3 years.. the jobs i had, i didnt work much at all about acouple months most, due to some difficulites with son in ...


 How many...?
My friends hubby just got a job that will pay him approximately 24,000 a year. She does not work and they have 3 kids. He says they shouldn't claim but 1 dependant through the year and the rest ...


 Which is a better move selling a car or donating it for a tax write off? its a 99 mercury sable pos.?
...


 How much income tax can I expec to get back if I have a 6 month old baby, who I do not claim as exemption?

Additional Details
No one else is claiming my child. I make about 2188 a month, but after taxes it is 1542....


 My tax code was changed from 503L to 522L, i don't know what this means, even though i have two jobs?
Though the two jobs i have always been on 503L, Now one of them has been changed to 522L, but am yet to get my payslip for the other job. Can someone please explain what 522L means. Thank you....


 Does stimulus rebate checks go out by head of housholds ssn or by first on tax returns?
I have been told that the economic stimulus checks go out by the ssn of head of houshold, but then again in have been told it goes by who's name is first on the tax return, when filing jointly. ...


 Do I report the house I bought in september on my 2006 taxes?
My husband and I bought a home in September 2006, do we report it this year or next year? This is our 1st home & we feel lost with all this stuff. Will we get anything back for points we ...


 Is child tax credit the same as income support?
i claim income support for myself n 3 kids but is child tax credit incuded in income support or is that something else? ive just been lookin through the net about benefits and found this? is it ...


 Can I donate furniture to Goodwill and write off the values of the furniture on myh taxes?
I have a king size mattress set, 32" tv and chaise sofa that I do not want to move cross country. Can I have Goodwill pick it up and write it off? IF so how do I determine the value?...


 Stimulus payment....my son turned 18 in January 2008?
My son turned 18 in January, will I still get 300 for him from the economic stimulus? I claimed him for the entire year 2007....


 My job does not withhold taxes I am married with two kids under the age of 10 making 600. a week what % should
I need too know what % per week I should be puting aside to pay both my federal and massachusetts state tax....


 Hi, i have a pan number AEPTJ9756M and want to confirm if it is correct.?
name suneeta ...


 Do you do your own taxes or do you pay someone else to do them?
I go to the library every year and get them done for free. I probably could just do them myself. Mine are usually pretty much the same every year....


 I hear on the news that people making $50,000 or $60,000 per year are not paying taxes. Why am I?
They don't make it clear if it is personal income or family earnings. We are just my husband and myself....


 Do i need a paying in book to put a cheque in the bank?
or can i just use my ...


 1099 or W 2? My boss is letting me decide: I am a single mother, head of household, low income. ?
Help! I need to know if I should file as 1099 or W 2 for my new job. My boss is letting me decide. I make $16 per hour/ 6 hours a day, have 2 children, and am head of household. Usually I have ...


 Lotto Winnings does effect my income?
Hi my husband just won 10 grand, we live in massachuseets, now i'm sure your all thinking lucky, but here it goes he is going to take the money to pay off a debt he owes for his business to an ...


 Is it customary to NOT receive a receipt of services at H&R Block? Our prep cost $469!?
We became reluctant landlords last year when we couldn't sell our house. I am self-employed (made less than $10,000) and we moved to a new state. We decided to have a professional do our taxes,...


 I did not claim 30 dollars of reinvested dividends for 5 years will the IRS come after me?
I was told for this small amount you did not have to. Because it was reinvested....



phil81
I am currently working freelance. How do I declare tax and N.I? Where do I get forms from etc?
                     
 




Paul S
go to inlandrevenue.go.uk and search for a form called CWF1 and print it out. this will register you self employed with the Revenue and also include the form to apply to pay class 2 NI via DD's. be aware that you have 3 months from the end of the month you started self employment to register else you face a £100 fine.

once registered, on the 6th april every year you will receive a tax return to be completed. best bet to get an accountant. I would expect to pay £300-£400 a year for doing your accounts and tax return. they will calculate your tax due and class 4 NI due on any profits if you make any.


RACHELJMGBGT
Rating
As said go to business link or the inland rev who are now www.hmrc/gov.co.uk i think thats the web now - they will help you. You have to register as self employed which is simple or if you need more help look for a book keeper to help you sort it out (sorry im one of them)
www.geocities.com/racheljones699@btint...


curryisforlife
Rating
'phone your local tax office, they will fall over themselves to help you. (really, no sarcasm).


Heather
Rating
if you go on the businesslink website ( www.bussinesslink.gov.uk ) it will give you a list of all the forms including their names and numbers that you need to fill in and where to get the from.

if you use the service to fill in the questionnaire about your business it will give you a list and all of the relevant contact details.

The inland revenue is also a good place to start.

Hope this helps.


just-dave
Rating
If u r self employed u have 3 months to register your new business or your personal name at your local Inland Revenue Tax office situated in most cities in the UK, then they give you a tax reference number, at the end of each year you complete a self assessment form for tax (they send this to you and it's very easy to fill in) and return it your local Inland Revenue office, class 2 national insurance contributions can be paid by direct debit if you wish, save all your receipts, recordings of money coming in and going out as proof, you only pay VAT if your income is over 61k (i think)


joechuksy
Rating
Go your local tax office and they will give you all the advise you need.


psychoticgenius
The simplest way is tax.gov alternatively a good accountant.


ChrisP
contact your local tax office they will provide all the info you need.

The Post Office may be able to help to


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