 I make 41k a year, why am I giving 27% to taxes? Isn't that too high? |
| That seems higher than the tax brackets I remember in my college accounting class. If I'm heading for a refund @ the end of the year, how can I get them to take less out so I don't have ... |
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 Am I a dependent? |
My parents want to claim me as a dependent on their tax return, but I am not sure if they can.
I'm 21 years old and was a full-time student until I graduated college in May (since ... |
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 Is child benefit and child tax credits the same thing? |
| im at home looking after my little boy and my partner works, we get working tax credit and child tax credit but not child benefit or is it the same thing, im a bit confused,... |
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 Can someone claim a child on thier taxes if the child pasted away after birth? |
| the baby only lived for a day but a social security number was issued along with the birth certifacate. we tried to claim him but not we need to show proof that we cared for him for 6 months how can ... |
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 How much does a pack of cigarettes cost with tax? |
I need this information for a project. If anyone has any links or information please post it. Thanks in advance!
Additional Details
Kay - Yes it is a homework assignment for health.... |
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 I.R.S. Illegal bogus tax,question.? |
| I am turning 18 soon,Why the heck do i need to pay taxes,I have checked the laws,from my research this is "not legal" most of the states did not legalize this,why should I pay this if It is ... |
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 Road tax question? |
| i have just bought a tax disc online, can i drive my car while i wait for the disc to arrive.... |
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 Can I get a tax credit somehow for the child support I pay? |
| I have joint legal and physical custody of my son who I get almost 50% of the time. She claims him as a dependent on taxes. Since the "child support" reduces my income by $6000 a year, is ... |
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 Petrol Tax? |
With the increase of fuel prices all over the world and spacificaly in Great Britain.
Why doesn't the gorvernment try and step in and help the people. For intance they must be raking ... |
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 Unemployment benefit? |
| can you claim unemployment benifit if your wife is working 22hour per week and she gets working familey tax credit as i am unemployed with one child at 14... |
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 Paying bills when made redundant? |
| if you are made redundant and you dont manage to find another job before you leave, how do you pay all the bills? what about credit cards - do you just ignore them?... |
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coola | I think I may be on emergency tax. My code is 543L which I've looked and it says that it is. How do I claim |
How do I claim this tax back since I do seem to be paying an awful lot. |
 |
 
steffi
|
If this code number is being operated on a week or month 1 basis, and it shouldn't be at this time of year, you will be paying approximately the right amount of tax. If your pay is under £16501 per annum, you are caught in the trap created by the abolition of the 10% tax rate, and will have to pay extra tax. The Chancellor has announced amendments tonight, but they won't become effective until the autumn.
Look at www.listentotaxman, and imput your payslip details. That will show you the amount of tax you should be paying. |
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TallPaul
 |
543L is *not* an emergency tax code.
It means you can earn £5430 before paying tax. |
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Bardic
|
543L is this year's standard tax code for a single person, not an emergency code. If that's not right for you, go and harass your payroll people |
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suerye
 |
543L is only emergency code if it is on a week 1 basis which is not possible at this time of the year. Either email me with your pay and tax to date or query this with your payroll dept. |
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cooldaddyhot
 |
543L is not an emergency tax code
you are on an emergency tax code if you are on a 'week 1' or 'month 1' basis
if this is the case, contact your local tax office to issue with a cumulative 543L tax code and your tax will automatically correct itself in your next pay |
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Knownow't
 |
The tax man will sort this out for you over time.....keep all your pay slips and any P60's you get for future reference....they rarely give you a lump sum back, they will just adjust your tax code in the future. |
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Asim T
 |
Understanding employee tax codes
http://www.hmrc.gov.uk/paye/intro-understandingtaxcodes.htm |
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cheeky lil minx
|
You are on Emergency Tax but so is most of the UK. Emergency Tax was probably not the best name to give this tax code because everyone starts to panic because it has the word emergency. You are getting the basic allowance, the reason you will be be paying more tax now is beacuse we no longer have the benefit of the 10% tax band as that was abolished from 6/4/08 most people are affected by this but there's nothing we can do.
Phone 0845 7143 143 Employer Helpline and ask for the telephone number for you tax office if you want to go through it with someone, they will need to know where your Employers Head Office is based. |
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CAR
|
you should ring your revenue dept tell them when you left your old job .
its either 2 things why your on emergency tax
1. your old employer has not put in your p45 to the revenue
did you get your copy of it when leaving because your meant to by law to give your new employer.
2. your new employer hasn't looked for your tax credits off the revenue yet .
so you need to ring the revenue or tax office which ever it is in your country and ask them was there a p45 filed for you from your last employer and get the company registration no of your new employer so you can tell the office all the details of your new job.
then when your current employer gets your new tax details you will be refunded the tax owed back to you straight away all in the one week's pay. |
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tiggy.twonk
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emergency tax codes have br in them. If u are on emergency tax, youl get whatever u overpaid back when u get a new tax code. I dont think u are tho, your code means you can earn £5430 before paying tax. |
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Haydon
 |
There's a big difference between the perception and the reality of the emergency tax code. emergency sounds bad, but it isn't.
The single person's allowance for this year is £5435, but in tax office terminology 543L (from which the allowance is derived) is the emergency tax code for this year.
You will NOT be paying a different rate of tax to anyone else, in fact 543L is pretty ordinary if you have no extra allowances or taxable benefits that would affect your coding. |
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