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 How much can I have in savings and still claim jobseekers allowance? (UK)?
Just been made redundant and will be signing on... Wondering what, and if, I'll get anything...

Anyone know?

Regards,

...


 In the UK, why are road tax discs round? I know they are called discs because they are not square.?
But why have they always been circular? It wastes paper and the Post Office could get more in a book if they were square. And despite the perforations, its still tricky getting the disc out....


 Is social security taxed, even if I pay taxes to get that benefit?
...


 Why are tax returns taken when you owe back child support in Texas?
My brother owes $30,000 in back child support in Texas and wants to know if the state taking his tax refund constitutes a payment (credit) towards his monthly payment or is this just a method to get ...


 Are state and local sales taxes deductible?
...


 I didn't file my taxes last year. What do I do?
I worked part-time in 2005, earning about $3000. I foolishly didn't file my taxes. What is the best way to make amends? Can I just use last year's W2 in conjunction with this year's ...


 IRS question about a letter I rec'd..Please read!!?
When I rec'd all my documents from my job to do my taxes (i did the 1040ez), at first I was going to do it online, but decided to do it myself usuing the form and mail it in. I did it early and ...


 In the UK if a debt is sold to another company are you still liable, are you still obliged to pay?
A company has purchased a debt from a bank I used to use, am I still liable as I have no agreement with this new company. Would I have to pay the full amount despite the fact that the new company ...


 Direct Depositees: Have you gotten your Stimulus check yet?
...


 Council house and work full time?? uk ?
if ur registered as a homeless single father/mother of one and are awaiting for a council house, would they no longer give you the house if you found a full time job earning 18k or more a year? (...


 Can I FedEx my Federal Tax Return to the IRS?
...


 As an independent contractor, what percentage of my earnings should I set aside for taxes?

Additional Details
This is for part time work on the side. I have a regular part time job, so my earnings will probably be less than $10,000 a year....


 If I owe state tax to one state and I moved out of that state and moved to Texas. Do I still have to pay?
Or how can I AVOID PAYING?...


 OK, I am claiming the 'standard deduction.' Does that mean I can NOT claim anything else?
What about things like medical ...


 My mom died, I paid off her debts, can I write it off for taxes?
My mom passed away this year, and I spent about $10k in my own money to pay off her credit card debts, etc. since my dad could not afford to. I spent about $9k of it for 3 credit cards, and $1k for ...


 Working tax credits in uk,i was overpaid by £800 in the year 2004,now they say i must pay it back,do i have to
do i have tp pay it back i thought the government a few years ago waived all overpayments,as it would cause familys hardship,...


 Anybody who is schedule to get their paper check May 23rd receive it yet??
My husbands last 2 numbers are 10 and we recieved a letter on Monday stating we should receive our stimulus payment by May 23rd, the irs web site says mailed no later than May 23rd has any one with ...


 Stimulus Package Funds:?
i would like to know, being that i owe a whole lot of money in taxes to the irs. will i still be eligible to receive the Stimulus Package from the goverment?...


 Would my social security?
I was just put on social security and my mom is also on it but revieves x amount based on the household income. If I was to live at my college dorm would it still affect my mom's household ...


 I inherited land from my late Father. However, he didn't pay taxes owes about $30,000. What do I do?
My father passed away in 2006. He didn't pay his taxes from 2003 - 2006 and owes and estimated $30,000. I own the land right now and my mother who is still alive is in a nursing home. My mother ...



peace
I want to give a cheque to someone which is more than Rs. 50000. Do I need to pay tax on this? What fomalities
I want to give a cheque oof more than Rs. 50000. What are the fomalities I need to comply with as the amount will be more than Rs. 50000.
                     
 




MooN
Withdrawl of cash (by whatever mode) on any singgle day from an account (other than savings account) maintained with any scheduled bank exceeding 25000/-{ in case of any individual or HUF} and 1,00,000/- {in case of a person other than any individual or HUF}

Encashment of term deposit---
receipt of cash from any scheduled bank on any single day on cashment of one or more term deposits (whether on maturity or otherwise) exceeding the amount 25,000/- {in case of Individual and HUF} and 1,00,000/- {in case of a person other than Individual or HUF}


If you are transfering the fund from one person to another through cheque then consequences are as follows.

If the other person receives the cheque and deposited in his / her bank account after crossing the cheque in to account payee then no tax will be charged by bank.

If the other person to whom you have given the cheque want to cash it across the counter then you will be charged under BCTT banking cash transaction tax @ 0.1 %(no surcharge , no education cess)

Withdrawl of cash from an account other than savings account then the person whose account cash is withdrawn is liable to tax, the value will be the amount of cash withdrawn.

In case of Encashment of term deposit the person who receives cash on encashment is liable to the value of the amount of cash received on encashment of term deposit..

No BCTT shall be payable if the amount of term deposit is credited to any account with the bank.


deshik
Rating
u need to give your pan number...........................


helpaneed
Rating
You haven't mentioned the purpose of the payment!

Whether it is a contractor's payment, an ordinary trade payment, a personal loan, a gift, a social transaction, a donation.....etc. It could even just be your obligation to deduct tax from this payment than paying any tax on this!

The purpose of the payment determines your tax liability and without knowing that aspect, it won't be advisable to say anything in your case.


Rahul
Rating
If you have money in your account, you can issue a cheque for any sum as you desire.


Kanchan B
Rating
If u want give a cheque to someone more than Rs. 50000
then u obviously have to ur PAN number.
Before submitting ur cheque on ur or his bank A/c u have to put ur PAN numer.


Jeevan Kumar Mittal, 1956
You can peacefully issue a cheque for any amount from Rs. 1/- to any amount. No tax on issue of cheque. You can write forwarding letter. You can demand acknowledement of letter / receipt of cheque from payee. I have issued many cheques more than 50000/- for investment in shares IPO. I have account in various banks.


V.T.V.RAM
The receiver of the cheque has to answer the taxman. Not u please !!- because it is income for him.


caliredneck67
Rating
50000 rupees?Sri Lankan or Indian? that is like $461.00 or 1,169.86 us dollars. No need to file taxes on that


jacks
You need not pay any tax for this amount but you need to quote your Pan number and the only formality you need to do if the amount exceeds INR 49999 is, you need to reveal the source of that income or amount to the concerned authorities.


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