 Do you have to declare your earnings if you work under 16 hrs? |
| I am not entitled to working tax as my partners income is just over the limit.We claim child tax credit.If I was to work a couple of hours a day for the minimum wage would I have to declare this to ... |
|
 Filing head of Household? |
Is it possible for two people to file head of household with the same child?
They're not married, they live together, it's both of thier child and one claimed her as a dependent ... |
|
 Should we tax people based on how much they weigh? |
| Think about it, they use more water, more food, more tires for their car. This would be instead of based on income, and would take into account BMI.... |
|
 What happens if I don't send in a tax return? |
| I'm a basic rate taxpayer and the code is correct on my payslip but I've just had a pay rise. T... |
|
 Where is the law that says we have to pay federal income taxes? |
| Where is this supposed law that tells us we must pay taxes? I still haven't found one myself.... |
|
 Is this true? |
| I've heard through several reliable sources that one actually does not have to pay taxes if they do or follow something in the tax code. That something is what I do not know and they couldn'... |
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| Where is my tax stimulus refund? I efiled with direct deposit and haven't recieved it.? |
| I e-filed by myself and used direct deposit for my refund. I did the calculator stimulus refund on IRS.gov and it said based on my tax information I am eligible for a refund. My last two digits are ... |
|
 What is the LEAST amount of money you can get back on your stimulus check? |
| I have heard that it's $300 and I have also heart that it's $600... I am SINGLE with zero dependants and no spouse... so, what's the LEAST amount of money I should get on my stimulus ... |
|
 What is the statute of limitations on keeping old income tax returns? |
| I have about 10 years of returns, and as we are moving, I would like to get rid of some of them.... |
|
 Can my employer hold a week of my paycheck? |
| After 4 months of working, my employer wants to hold back a week of my check. This is supposed to signify "a week in the whole" that occurs when you start at most jobs. This feels a little ... |
|
| Does anyone recommend TURBO TAX? |
| Everyone keeps talking about this Turbo Tax and how easy it is. So this year we are going to try it ourselves since we typically pay alot to have them done. Does anyone know exactly how it works? Can ... |
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 I had letter i have been overpaid tax credits they say its my fault even though they had all my details,? |
| i had a phone call which the woman said that they would stop paying me and pay themselves, had another call that i have to pay it back and they denied that their colleague even suggested they would ... |
|
 I received a massage that I won in uk national lottery it is true? |
| TICKET NMBER 56475600545 188 SEREIAL UMBR5368 LUKY NUMBER29---17 MARCH 2007... |
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| Is this a good yearly salary? |
| Is $39046 A good yearly salary?... |
|
 Tax Question? |
| This is the first time my fiance and i are filing our taxes.We have a 8 month old girl and are skeptical about how we should file so that we get the most out of our taxes.He made more then i did this ... |
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Gina | What % Tax do I pay? I live in UK and earn 15k per year.? |
Im trying to work out my monthly salary based on my yearly salary and the web page Im using is asking for a % of Tax I pay? Anyone know what it is? |
 |
 
kautolo
|
Too Bloody much in my opinion! |
|
fluxpattern®
|
approx. 20% is taken from your wages to these leeches ;) |
|
SCOTT B
 |
i think (including national insurance) it adds up around 22% off your gross, I know the thieving bastards!! |
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Englishcad
 |
If you live in Britain, the Government are going to make all our tax simple.By introducing a new improved flat rate for everyone of......................................... 99.9% |
|
Smartie
 |
On a salary of £15K per year, you will pay £2,013.70 Tax and £1,129.48 National Insurance contributions.
Your net take home money will be £11,856.82 a year. This adds up to £988.07 a month and £228.02 per week.
Hope this helps. |
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Franco
 |
At your salary level you are a basic tax payer, which means you are in the 22% tax band.
The designer of your web page was a clot. |
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Jacsea
 |
22%- you are a basic rate taxpayer... Mrs Tax officer.... |
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Leah
|
On £15000 per annum you're getting £1250 gross, less tax and NI is roughly £950 ish per month.
If you're paid 4 weekly then it's about £880 net per pay packet
. |
|
Cliff E
 |
Hi Gina, it doesn;t quite work like that, but here goes...
Take your tax code, add a 5 to the end, subtract this from your salary, it's the tax free amount. (15,000-5035=9965.
The next £2150 is taxed at 10%. Tax=£215, remaining = £7815.
The remainder (for you) is taxed at 22% (£1719.30) - (up to £33,300)
Any remaining would have been taxed at 40%.
Remember that does not include NI, and the bandings will change in May. |
|
onedeadmuslim
|
,,,,,,,,,,,,,,,,,,,,,, |
|
Charlie Farlie
|
After deducting your tax free allowance.
your first £1,910 is taxed @10%
the remainder 22% |
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babyonlyne
|
assuming your tax code is 503L like most. then your NIC and PAYE deductions for a month (not 4weekly) are
15000 / 12 =1250 per month
your tax free allowance is £419.92
taxable pay £830.08
tax due on 830 = (176+6.6-21.51) £161.09
and again assuming you are not married, and are not in a pension scheme your NIC is:
1250 - 420 = 830 which is your NICable pay
NIC on 828 (table method) is 91.30
making take home pay
£1250 - £91.30 -£161.90
£996.80
i've used the table method which is what employers use and its provided by the inland revenue. i've also calculated your deductions on a month1 basis which is the NIC and PAYE you would pay for the 1st month is on cummulative basis. i've also used figured for 2006-07 which means it should vary slightly from the figures given if you're getting paid next month after the 6/4/7
theres a lot of factors to consider when working out PAYE and NIC like previous work pay, previous tax pre tax deductions etc. |
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sparky
 |
from 10 to 22% it should tell you on your tax code |
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Newgran
|
22 per cent |
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