 I need to report my employer for calling me an independent contractor and not taking taxes out for me.? |
| When she hired me she took advantage of the fact that I knew nothing about "self employment", so when she told me that I would be working for her real estate office as an administrative ... |
|
 I read that I am required to pay tax and a 10% penalty fine to the IRS for premature 401k withdrawal.? |
On what income do I have to pay tax? Only that year's (in which I withdrew) or entire period during which I kept my money in the 401 account? Also the 10% penalty is on what amount exactly?
... |
|
 When do you pay taxes on stocks? |
| for example, i sell a stock and make profit on it, will the taxes bededucted right away when the profit is deposited in the account or i will have to pay taxes when i cash out the money? or if not ... |
|
 Where can I cash my Income Tax Refund check? |
| I have no checking account and I need to cash my income check. Where can I do that?... |
|
 If I am reimbursed for travel expenses, do I have to report that as income? |
| Mileage, hotel, meal allowance....I pay out of pocket, submit an expense report, and my boss cuts me a check. Does the IRS consider that income?... |
|
 Can i claim jobseekers allowance if i resigned due to employer saying my position no longer available? |
| i went for a leave from work and when i came back my employer said my position was no longer available to me. so i resigned. i heard you have to wait 3months to apply for jobseekers allowance but ... |
|
 Did not receive a stimulus notice but irs.gov says I qualify? |
| Anyone else not receive the original notice that went out? When I do the calculator on the IRS website it says I qualify, so I am wondering what does it mean if you did not receive the original ... |
|
 IRS REFUND DELAYED DUE TO PROCESSING DELAYS? |
| My refund date was changed in the system from 2/3 to now 2/24. I filed for RAC through HR Block. HR Block told me yesterday that nothing in the system was worng and it appeared my funds would be ... |
|
| This is my first year as an indpendent contractor, and my tax professional says I owe...? |
| I was expecting to get about 2500 back in earned income credit, but they are saying i owe 300. I only made 23,500 and I had 8000 in expenses. I didn't pay in my medicare or ss through the year, ... |
|
 Do you HAVE to file taxes? |
I only worked for about 1 week last year. Do I HAVE to file taxes? Is there any kind of penalty for not filing?
Additional Details
Parden my ignorance, but I don't know what a ... |
|
 Child tax credit? |
| if i receive £46 a week child tax credit will i receive the same for my 2nd child? also does working tax credit change with arrival of 2nd child?... |
|
 Has anyone in the UK Successfully claimed back all their bank charges? |
| We just have a current account with nationwide. Everytime a direct debit comes out that wasnt expected or is just a few pence more then expected we get charged £30!!!!!! I bet we have paid hundreds ... |
|
 I didn't fiel my taxes for 2005, is that too late to do now?? |
I just filed my 2006 taxes, but i remember that i forgot to file my 2005 taxes last year. Is there anything i can do about that???
Additional Details
i know that if i filed my taxes i ... |
|
|  |
Maurice B | Tax - why hit the poorest? |
Up to tomorrow we have had three bands of Income Tax in the UK, the first one being 10% on the first £2230, then 22% then 40% bands.
From tomorrow the 10% band is being abolished, and people will pay 20% on the first £36,000.
So who will that hit the hardest? Who will be paying a greater proportion of their wages in tax - those who clean our hospitals, care for our elderly and suchlike essential but low paid workers. The poor will pay more, but it will make practically no difference to the highly paid.
At a time when people are struggling with hugely rising prices, mortgage repayments, fuel bills and utility bills, isn't this yet another crass decision by an inept and incompetant government? |
 |
 
steffi
 |
I think it is appalling, and disgraces a Labour Government. I have done some calculations, and the hardest hit will be people on about £8000 per annum. Their tax will rise by £160 for the year. People earning up to £5646 or over £16501 will be better off, benefits or increased tax graded according to income. Anyone earning over £30000 will be £300-£400 better off, the more you earn, the more tax you will save under the new scheme.
The only people with a vastly increased tax allowance to compensate are the over 65s. Women pensioners between the ages of 60-65, who are not entitled to the age allowance will be hit with a higher tax bill, too. I fall in this category, and object most strongly.
There is a petition about this on the Downing St website, but the last time I looked at it there was little response. I don't think poor people will realise what is happening until they get a reduced wage packet. The Government have put such spin on the reduction of Basic Rate from 22% to 20%.
I know it is a waste of time, but I am writing to the Prime Minister in protest. This scheme was announced when he was Chancellor.
Anyone who wants to see how this will affect them can look at www.listentotaxman, and play around with the figures.
The people who will suffer are all below the average British income, and under the official poverty level. I think the personal tax allowance should rise considerably. People earning £101 per week (this year), and £104.50ish next year shouldn't have to pay tax. It is true that this Government regards our personal assets as an assault on its entitlements. Folk who moan that the Government doesn't do anything about rising prices don't get it. It is a deliberate ploy to reduce our disposable income, and thus give the Government more power over us. At the next election, we must march with our voting crosses. |
|
sandy
|
what a good idea, make an already too blunt income tax system even more blunt
clearly, the lowest paid will be hit hardest, as always. this country is a capitalist disgrace
gasgoon's 'reasoning' scares me |
|
The One
|
The Government don't give a dam about the hard working person trying to make ends meet but they look after them self's with there £60,000 a year with extras and there second home that we pay for |
|
WENDEL HOMES
 |
Remember who put these taxes in place next election(Shortly) AND VOTE THE BLIGHTERS OUT... BUT THINK TWICE BEFORE YOU ALLOW HISTORY TO REPEAT ITSELF WITH OTHER PARTIES or you will be up to your neck in debt to the rich before you know what hit you, make your candidate beg for your vote make them plead for your vote, it is vital to THEM but it is definitley more VITAL TO YOU, make them abandon the lobby system where the priviledged get their way for a few drinks to the detriment of us all.
Spoil your vote it you have a chance to teach them a lesson in a hairline constituancy.... they will reel believe me... if they have missed their chance... because of a few spoilt votes.
Politics is full of fun when you have the whipping hand.
AND SOON YOU WILL.... USE YOUR VOTE
but
Please USE YOUR NOUSE. |
|
sparkle555_2000
 |
Yes, you're right. It was a very stupid decsion, but I wonder if the personal allowance will be increased to compensate for the loss of the 10% band? |
|
Bunny
|
We have to pay so much tax because there are so many benefits available - the only answer is to stop paying out so much in benefits. People should only be allowed to receive benefits for first child and after that should have to pay all themselves - that would stop people having children they cannot afford.
Also should only be able to claim the dole for a year and then it should be stopped if you are fit for work - why should lazy people get paid for staying at home.
if we took those two actions we would not have to pay as much tax - it would save millions |
|
RICHARD R
|
the lowest paid always get hit by tax rises first that is the irony of a labour deceitful government.but the fault does not stop there low pay when put up against welfare hand outs make work not an option for many people so those people opt out of paying tax which puts more of a burden on those who choose to work and pay tax.i believe we should move towards the American tax system where every one is responsible for their own tax payments and welfare hand outs are no so large and you have to look for work or you live at a subsistence level. |
|
gasgooner
 |
Quite simple really.... there are more poor people than rich ones, so a tax on the poor produces more cash for the treasury.
Also the poor get more out of the state than the rich so they are receiving more of their tax monies back
Seems fair to me? |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 18 minutes(s) ago
| | | |
8 | 53 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 4 hour(s) ago
| | | |
8 | 7 hour(s) ago
| | | |
8 | 8 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
8 | 4 day(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
