I need to take a drug test for my job tomorrow morning. The last time I smoked marijuana was on December 3. I was a fairly heavy pot smoker, several bong hits a day...I had cut back about two weeks ...
Additional Details well im a server and i looked at some others that work there and there gettting taxes out of theres so something is going wrong with ...
My husband provided all of the income this year since I was pregnant and taking care of our baby. Can a wife be considered a dependant? I've heard that a wife can not be a dependant. Please A...
I have a friend who is married. They only supplied their tax preparer his W-2's and not hers. They made a deal with a cousin who did not work for the entire year that they would claim her two ...
I'm familiar with the phrase "The more you make, the more they take". But is there a pre-set percentage for taking taxes out of your check or does it vary?...
Is it possible for the IRS to take back a refund they already gave me? My husband and I filed a joint return a few weeks ago, with a 3600 refund. The IRS website told me that a direct deposit in ...
I have no idea if he is! I'm not even sure if he's allowed to. I'm 23 years old and in graduate school. Would he be allowed to claim me? Is there anyway to find out for sure, without ...
Now I got a letter from the franchise tax board (CA) stating I owe a couple thousand dollars from 2006. That year I made 12K but there are 2 sources of income and I only worked one job. So I'm ...
I recently started working my 1st job(Mcdonald's..ugh, I know). At work, my employer gave me a W-4 form to fill out. I do not know anything about taxes because I have never had to do them and my ...
You have a mixture of semi correct answers here.
Code 503L is a basic PAYE code, giving the basic personal allowance which is due to everyone. If it has wk1/mth1 or X after it on your payslip, then that is emergency code. It just means that your employer does not know what your pay and tax was before you started this job and so they are just deducting the correct tax on a week by week or month by month basis until HMRC tells them what the previous details are.
Code BR is not emergency tax - it is basic rate tax (22%) which is normally applied to a second income where all the personal allowances have been used against another source of income.
mred1989
The answers were already in yahoo answers...Here are two. Search answers and you will find more
Mark J
No, that is a basic personal allowance code.
Martin14th
503 is the basic personal allowance, so No, it is not an emergency tax code
nlj1520
No.....there's really no such thing as emergency tax anymore. If the emplioyer is concerned about your tax status he will us a W1/M1 basis. I f you have 2 jobs one of the employers should be using BR as your tax code.
shelly
I dont think so BR is usually an emergency tax code. Phone up your local inland revenue
Oli T
no it is your tax free allowance. If it has a 'week 1' qualifier it means you've filled in a p46 and your employer doesn't have your year to date full tax info so every week/month you get taxed as hough you earn that amount every period . Emergency tax code is BR which means you get taxed 22% on everything (soon to be 20%) you earn
heidi the ghosthunter
yes it sounds familiar
MrFinance
Yes it is.
I advised to contact the inland revenue or use a company such as http://www.taxfix.co.uk to get this money back as you are probably going to be over paying tax.
I think we all pay enough tax as it is without over paying!
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