 So there is NO income tax law? |
that requiers you to pay income tax now knowing that is there any way to get away from paying that income tax avery week on your pay check?
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that requiers you to pay ... |
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 I think there's a conspiracy against me? |
| I became unemployed/retired November 2007. I applied for unemployment insurance benefits. They denied it and I appealed. I won the appeal. Within one week of me winning my appeal I had the C... |
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 I recieved an email from the IRS and I wanted to know if this is a real email from them. Can you help? |
| After the last annual calculations of your fiscal activity we have determined that you are eligible to receive a tax refund of $116.40. Please submit the tax refund request and allow us 6-9 days in ... |
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 Do you have to file your w-2 if its based on just one paycheck? |
| i recieved my W2 last month but havent filed it yet since it was based on my 450 paycheck from last december. the federal social medicare come out to about 50 bucks and my stae tax is less than 15 ... |
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 Rebate stimulus checks? |
| i want to check when i will receive my stimulus rebate ... |
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 Ok its May 30 and wheres the stim tax check? |
They said on the news and site go by last 2 dodgets of ss# and Iam o6 wheres mine and has anybody got deposit yet? it would be nice if somebody got it !
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Duh I feel ... |
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 Is there aby way to opt out of Social Security for an employee? |
| To me Social Security is a waste of my money. I cant retire till I am 70 and by then , there will be nothing left. If I invest or even bank that money, I will be getting a lot more productivity out ... |
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 Have i been paid to much? |
| i ve just received my first pay on mat leave but i ve been paid for working and smp, ive been told i dont get smp in advance and i worked right up to the 4th week before childbirth. have i been ... |
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 Do Medical Bills have to be paid in full to claim on taxes? |
I know all about the deductions and the 7.5%, but the question I have is:
I have several thousand dollars due to hospitals and various medical offices due to a serious automobile accident I... |
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 Should I file taxes jointly with my wife or not? |
My wife and I were married back in the beginning of November and in the upcoming tax season would it be better to file jointly or separately?
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I don't have a tax ... |
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plastic dolly | My friend owns his own tuck and some body told him he has to pay taxes in advance of the year, is this true? |
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newble_uk
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He would have to pay road tax on the truck in advance for the year, certainly, but not income tax, as you can't possibly know how much money you will earn before you've earned it, if you see what I mean. So, in short, no, he won't have to pay tax until he has got some wages first. |
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Hi T
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I guess you mean a truck. Yes you pay for a year or 6 months road tax, before you can use the vehicle for that year. |
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Perdita Durango
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do you mean truck?
Tax is paid when it runs out, then it will cover you for the next 6 or 12 months |
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shell
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no you pay tax that keeps for a year but never heard you have to pay in a years advanced i think hes trying to rob him. |
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Capt Jack
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Your question could be referring to road tax and income tax. Given the road tax situation is obvious I'll concentrate on income tax.
He's better off checking what the inland revenue say, rather than relying on gossip.
www.inlandrevenue.gov.uk
My dad mentioned something like this about his taxes, what your friend has heard sounds like its wrong but based on the truth, like most rumours.
The tax year begins and ends on 5th April. Your friend will have to register as self employed with the tax office and send in a return detailing his earnings up to 5th April 2008 by 31st January 2009. He should have a savings account where he puts an approximate amount of money to cover his tax bill.
I think when you file your first years tax return you also have to pay some of the current year. Given when you file your tax return half of the next year has gone, this shouldn't mean you actually end up paying tax before you earn the money. What this means for your friend is that when he files his return for 2007/8 he should pay some of his tax for the end of 2008 due, even though he doesn't have to declare that until next time.
In January 2010 he'll pay the rest of his 2008/9 tax, plus a downpayment on his 2009 tax.
It's a bit complicated, but he shouldn't end up paying tax on income he hasn't had.
But don't rely on me, get the info from the horses mouth. |
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devonsheepfarmer
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Road tax yes. Income tax no |
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thisiswillbarbersemail
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taxes are usually included in the purchase price of a tuck |
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JF_14
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As far as I know as long as you can pay your taxes at the end of the year, then you should be fine. It's when you can't pay all your taxes the government puts you on a quarterly payment plan. Hope this helps. |
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Schuutz
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What the hell is a tuck??? |
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Chris
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What is a tuck |
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