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 Why can't we have flat tax system?
I think income tax is bad because it steals all the money from rich people, and they take little money from poor people. Doesn't that teach us that less education means worse job, and worse job ...


 How will today's budget affect Educational Maintenance Allowance (EMA)?
...


 will pensioners over 75 have their tax allowances increased by £1000?
...


 Is EMA being scrapped in the new budget cuts (UK)?
...


 Do I bring my business credit card bills to my accountant when filing for expense deductions?
I had recently opened a new business, but I was not sure how to file for expense deductions for taxes. Do I bring my credit card bills? Or how would I present my expenses to my accountant?
A...


 What will I have left after tax (Australia) if I get a bonus of...?
if i get a mid year bonus of AU$2950, and it is not entered into my account with my pay but as a separate lump payment and gets taxed (i have a HECS/Uni debt)..
what will I have left?
A...


 Is it worth amending my 2008 tax return?
So here's the story...I realized that I didn't include any info from my 1098-T form I got from my university in 2008. I remembered to do it in 2009 and because of one of the new education ...


 Is gift tax/tax applicable on gifts earned under volume pickup schemes done by IT companies ?
...


 Is it the end for unemployment benefits?
My unemployment beneifts expired today and I am on my 1st extension. I just got the word that the voters did not pass the extension bill to continue with the 4 tiers available. I am in Florida and ...


 Why am I not entitled to Working Tax Credits?
I am being made redundant in a week (am currently on maternity leave) and I am due to have a baby in 3 weeks. My partner works full time (in a low income job), but HMRC have estimated that I will not ...


 IRS still hasn't processed my 1040X yet?!?
I submitted my 1040X on April 5th. Delivery Confirmation said it was delivered on April 8th. I paid the taxes I owed the next day online.

My tax preparer said it's taking so long ...


 Do I have to tell the IRS when I receive e-mail saying I won something, even if I think it is a scam?
I often return e-mails saying that I have won things, such as foreign lotteries. Most of these are obviously scams.

The IRS says that I must report anything I won and may be required to ...


 Is the 'Make Work Pay' tax credit apart of the $8000 tax credit or separate?
I just purchased a home May 2010 for $220K. I'm single and filed my taxes in Feb and received a small refund. I'm in the process of filling out the 1040x form but whenever I get to the ...


 Notice of assessment?
I lost my notice of assessment letter. Is it possible to get one from a CRA office?...


 If I filed a K-1 Form with a loss, why does my tax software tell me that I still owe taxes?
I DJ, so I file a 1099-MISC every year.

This year, my net profit was $6914, and the calculated taxes I owe came out to $-579.

I also participated in an S-Corporation in which I ...


 I have an unemployment questions for the state of Kentucky. I am getting laid off from my job?
from my job at the end of July. That is certain. My question(s) are...if the company that is coming in and taking over offers me a job, do I have to take it? Or can i still file my unemployment ...


 How much money is taken out of paychecks from taxes in Rhode Island?
If you make $7.40 an hour.
Additional Details
im 16 years ...


 May i know from someone what are the timings os Stock Market?
...


 I need help filling out form 982 for tax year 2008. I am insolvent by $12,000 and received a 1099-c for $2,503?
I don't understand what I need to put in Part II. PLease please ...


 I just opened my business and received a EFTPS form which gives me the pin number to activiate?
the EFTPS. This is the federal tax payment syatem. Do all business owners HAVE to do it??...



Richard
Indexation Allowance on Capital Gains?
Could anyone tell me the indexation allowance for June 2010 please?

I have looked on HMRC website cannot find the allowance.

Thank you
                     
 




fengirl2
Indexation alowance was abolished many years ago.


tringyokel
We haven't got to the end of June yet!

On the offchance you actually need the figures to work out CGT for a company you can find the rates hat the link below.


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