 Why do some people pay in taxes and others receive a return? |
| I'm wanting to have a home business and having nothing but fits on trying to figure out all the income tax stuff. The IRS website isn't really helping me much and I've contacted ... |
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 Why does this girl not get any state or federal tax taken out of her paycheck? |
| So, a little background here. I work as a waitress at Johnny Rockets, our paychecks are usually around 20-40 dollars depending on how many hours you work/your sales. So the other day we're all ... |
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 A co-worker told me about tax exemption. it's an option on your paycheck and you don't pay taxes for a month.? |
| He did it and it shows in his pay stub that he has 99 expenditures. He says there's no down side, but to me it's sounds too good to be true. Is the IRS getting that money back somehow. I ... |
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 If a single person is making 55k, what would his monthly paycheck be? |
| And what is the approximate amount he would recieve in his tax returns.... |
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 What/How do I get Child Tax Credit? |
| I'm divorced and "X" and I agreed to alternate each year with the child tax credit. What is the IRS form that needs to be filled out, and where can I get more info to ensure I do it ... |
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 How can it be that I don't get a tax rebate because I didn't make enough money? I made enough to pay taxes |
| I found out the other day that I wasn't getting a rebate. On the same page the told me I didn't make enough money, it also said that people that made 100,000.00 or more, would maybe get a ... |
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 Is it legal for our accountant to hold our w2 forms without having done anything with it? |
| it has been over a month and a half since my husband and i have sat down with our accountant in order to go over and gather all documents that are needed to file our taxes. my husband called him on ... |
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 Do you have to file taxes if you are underage yet still make income? |
Would you have to file income taxes or property taxes if you make money from blogging?
Additional Details
And are underage (under 18)... |
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 Divorcing and trying to decide to file jointly or separately? |
| I am in the process of getting a divorce. I am a stay at home mom with no outside income. If I file as "married filing separately" will I get any income tax refund. It seems to me that I ... |
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 Why start filling in a tax return this year if there is no tax to pay ? |
| I recently started renting a property out and the income does not cover my personal allowance and I have no other income. I have never filled in a tax return before and would have to pay an ... |
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 When someone gives you money (gift), do you have to pay tax? |
| when someone gives you money or help you out with your bills, do you have tax?... |
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Blake 7 | In the UK you can earn up to £104 a week before getting taxed is this wrong? |
if you want to work more surly you should get taxed less
why not cut unemployment benefits so low wage workers can work there way up in society and more people can work |
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Lestat
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Basically it is correct that you can earn up to 104...it is actually 100.54 per week on average before tax kicks in. Everyone gets a personal allowance, which for most people is 4345 (which averages at 104 per week) p.a on which you are not taxed. Anything above this is taxed at 22%, you also pay National Insurance of 11% on anything over 105 per week
Taxation is used to pay for all the UK services, in the UK tax is progressive; the more you earn the more you contribute. This is important for a decent and equitiable socierty
Low paid workers are protected in the UK by the national Mimium wage, they are also assisted by Tax Credits and housing benefit/council tax benefit depending on their wage. So there are programmes to help the low paid manage finiancially.
The unemployed are paid a subsistence rate (the basic is circa 60 per week) and very few people chooose to unemployed. Cutting unemployment benefits would not assist the low paid workers but it would harm the unemployed a great many of which suffer from multiple problems including ill health, disabilities, poor education etc In a decent society that is unacceptable |
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Silke
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Yes this figure is about right. The tax system is not intended to reward those who work more or earn more. It's intended to help the poor. |
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Jack_1989
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The harder and longer you work, the more you get taxed and abused by the stealing, lying cheating government.
Doesn't help that all our money goes towards paying for the lazy unemployed (not all unemployed are lazy), immigrants (******* immigrants).
the whole system is wrong. Those who are most deserving get the least. Those least deserving get the most.
Get rid of labour! |
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Empress
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No it is not done on a weekly basis like that. I have earned £150 a week before and I still got taxed. If you do end up earning under the threshold for tax in a year then you will get a tax rebate.
The tax is based on what you can afford to contribute based on salaries and based on the fact that other people can't afford to contribute as much as you.
Unemployment benefits are at the minimum they could be in order for people to survive. Some people need to be on them and they have been working for years so they are entitled to claim for however long it takes them to find another job. If you cut the rate the are receiving you will force people into stealing and thieving. What should change is how long you are allowed to claim for - that way people who are receiving it who could be working would be forced into accepting work. |
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steffi
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The Joker is still joking and out of date with his figures. Tax is calculated on an annual basis, cumulatively. You can currently earn £5435 per annum before tax. This goes up to £6035 in September, when it retrospectively goes back to 6th April. Although the current rate may average out at £104 per week, if you earn more some weeks and less in others, it evens out.
National Insurance Contributions are done on a different basis. They are based on your earnings for the week/month, and other earnings in the year are not taken into account. |
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D.F
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No, it's right, see above. Whether it's morally right and affects peoples decisions in life regarding work is debatable.
You seem to believe that the more work you do the less tax you should pay. Sadly the actual rate you get for your work has absolutely nothing to do with the actual amount of work done. Low paid workers do most of the work whilst the managers who do relatively little work get paid more. You will be delighted to hear about the scrapping of the 10% rate then.
I'm not getting your logic that by stopping unemployment benefits, low paid workers would somehow be freed to 'work their way up in society' and that there would magically be more work.
Why not create work that needs to be done and pay and tax people fairly for the amount of it they actually do?
Sensible wages and a single tax rate anybody? |
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Jamie J
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Sounds about right, but why should anybody get a free ride after this, taxes are important for health services ect which everyone uses at some point though their lives,
Try earning a little extra money at
http://my.yougov.com/go.aspx?id=6a7f75e4-9ac9-47d0-ba84-1315dcaa1737 |
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DevilboyScooby
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If you earm below a certain amount a year (15,000 i think) then you don't pay much tax, if any. |
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