 I'm filing my taxes late this year for 2007. Will I still get the refund Bush is promising us.? |
| I only made about $300 for 2007 and was'nt even going to file my taxes so threw away my w-2 form. I heard you can not receive this tax refund Bush is promising us unless you file. I did have it ... |
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 My beautiful little girl has been accepted into a modelling agency. does she have to pay tax on the earnings? |
| will the inland revenue need to know about these earnings? i just want to make sure i do all the legal stuff right. she is 17 months old and has been accepted into an agency,with definate bookings ... |
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 Has anyone else been told this?? |
| Finally the irs website updated and i am no longer worried about the ref #9001 but it said refund should be by 2/12/08 and i was told by both tt and sbb&t that it would be deposited 1/25/08. M... |
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 What happens if i choose not to pay taxes? |
| i am single with no kids and getting screwed its not fair that i pay for someone elses kids that they CHOSE to have no one made them i use the least amount of government benifits but yet pay for the ... |
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 How I do I get my mom to stop claiming me on her taxes? |
| I am 20 years old, I have my own apartment I pay all the bills there, (I do come home sometimes for a few weeks), I have my own car for which I pay my own note and insurance. I also pay my cell-phone ... |
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 What happens if you cheat on your taxes? |
| What happens if you cheat on your taxes?... |
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 Should I not pay taxes if I am paid with personal checks, and my employer does not report them? |
| I am paid with personal checks, so I suppose technically I am an independent contractor. No taxes are taken out of the checks, so I have been saving 30% of each that I receive for taxes. I know it... |
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 Moved house and council tax? |
| i moved into my new house at the begining of december, i know that i dont have to pay council tax because im under 18 but my boyfriend is 18. its just us in the house, so do we wait for the contact ... |
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| Can I do my taxes if I dont have my W-2 yet? |
If so what if I put all innaccurate info will I get busted?
Additional Details
I did my taxes online through h&r block last year with my w 2 and didnt have to submit them.I just ... |
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 If United States is hated so much, why are foreigners wanting to come here? |
| And get a job, working in doctors offices, hospitals, fast food joints or even opening up hotels, or little rip off grocery stores. How do these people get these grants, and not have to pay taxes ... |
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 How far back can you pay taxes? |
| I need to know how far back you can pay taxes. I have an aunt that is older and she states she forgot to pay her taxes...she is now trying to oficially retire and she was told she has not paid any ... |
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 Does the govt take away money for tax for 16 year olds? |
i just turned 16...wanting to know if i get a job from somewhere i applied, every pay check do they take money out for taxes for teenagers in missouri?
Additional Details
but how much ... |
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 Im a only child to a homeless man who died in AK.How can I get his property in my name worth $9000 wout a atny |
| My dad passed away this year. He was homeless and had nothing but a piece of property which he was 3months behind and behind in taxes. I have made all those payments pluse taxes pluse all payments ... |
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 I want to do my own taxes but my mom already claimed me on hers. Is she allowed to do that? |
| My mom claimed me on her income taxes but I want to do my own. Is she allowed to do that if I didn't sign any paperwork? What do I do now?... |
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scientologyfolife | Is it true that you can claim all your tax back if your under 18 in the uk? |
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suerye
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No, this is not true. Everyone in the Uk pays tax on income over £5225 in the current tax year.
Are you on emergency code maybe? If so, you need to ring HMRC (your employer will give you the phone number) and find out what info they need to put you on a cumulative code so that you pay the correct tax. |
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Scouse
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Only if you have been taxed under a temporary code and you have paid tax when you should not have done or you may get some back if you have overpaid it. Sorry the Income Tax Club screws us all for money |
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dougie
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no
you start paying tax at 16 if earning over 5500 a year |
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Wildwitch
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Everyone - regardless of age has a Personal Allowance which is the level of income that you can have without paying tax on it i.e. if your income is below that level you can claim tax paid on it.
The level for the current tax year is approx £5225.
There are certain exceptions to this rule i.e. if the income is from shares you cannot claim the tax back or if the income is from cash given to you by your parents and the amount of interest is >£100 the interest is classed as theirs and taxed accordingly. |
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Happy Murcia
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NO,,,, |
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BA Girl
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only if you dont claim anyone and you make enough |
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Gerard
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well, it only lasts for one year, i got one tax back automaticly that i got. |
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sunflora
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Very possible.... have a look here... http://www.hmrc.gov.uk/students/
I know it is for students but it does explain tax issues etc for younger people and you will be able to navigate to where you want to go to...
Lucky you! Lol! :) |
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panther
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no way its crap m8 |
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Unbiased.co.uk Find an IFA
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The current position is that any child who is resident in the UK is an individual in the eyes of the Revenue. As such he or she can claim the basic personal allowance ( £5225 for 2007/2008 tax year) and then apply starting and basic rate tax levels to determine any tax liability including higher rate of 40% if income is sufficiently high. Parents do have some options available to mitigate tax by creating income or capital gains on assets "owned" by a child. So if an under 18 individual generates income within his or her personal allowance ,then they should be entitled to claim back any tax deducted from work. For those 16 or over whose taxable income is less than their tax allowances ,they are entitled to complete form R85 to register savings accounts to have interest paid 'gross' or with no tax deducted.
Nick McBreen, IFA, Worldwide Financial Planning
Nick works with Worldwide Financial Planning and specialises in investment, IHT tax and retirement planning. Nick is a regular commentator on financial planning matters in the local and national press and regularly features on BBC Radio Cornwall. |
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Sam
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yes but you have to give it to an american citizen |
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Swansea
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yeah Im waitng for mine in aprill yeahh!!!!!!!! |
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JessLegend
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I think it is but i dunno any of the details, but i think you can, just keep all your reciets from stuff you've bought and send them off too...and i have no idea where it goes from there.
Then have a kid "Yes my 4 year old bought a new kitchen and would like to claim back the tax!" |
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