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 What does '£75 net per week' mean?
I want to find a job as a nanny and I need to know if this means before tax or after tax? And how would I work out my monthly income?...


 My husband does not have any income for 2007. How are we to file this year? We have not encountered this b4.
...


 Has anyone heard about the new tax refund check,that is suppose to come out in July?How do you get one?
Its suppose to have been all over the ...


 I received a mail from BRITISH NATIONAL LOTTERY HEADQUARTERS see details below can we believe it?
Dear Winner,

Your ticket number: KTU/9023118308/03 with Serial number 5368/05 drew
the lucky number: 29 Congratulations, you have just won yourself
£5,000,000.00 in the ...


 Can someone sue their employer if they don't receive their W2?
???...


 Why haven't I received my stimulus check yet?
I filed my taxes and received them a little over two months ago. I never did get the notice that I would be receiving a stimulus check, but I was told that everyone who filed for tax returns this ...


 Does everyone who worked in the year 2007 get an Economic Stimulus check?
I only worked 8 months in 2007 and then the office where I worked let me and alot of other employees go because they were downsizing. I would like to know will I still get a check although I did not ...


 What will happen if I don't pay the death tax?
I won't pay this I'll go to jail for life rather then pay anymore taxes at all to theese ...


 My hairdresser shop does not take checks or credit cards. Cash only. And he never offers me a receipt.?
I like their customer service, prices & timeliness. Am I wrong to want to know if they pay taxes so I can continue to support their business? Or am I being a flipping nazi for even thinking these ...


 I just lost a hundred bucks at online poker, can I write that off on my taxes???
I just lost a hundred bucks at online poker, can I write that off on my taxes??? Or any other gambling expense??...


 My business is running at a loss and I have decided to throw the towel in, I've had enough of taxman?
I've sent off my last tax return now I want to clear out my office and rid myself of the constant reminder of the turmoil I am in. Can I burn or shred all the files or am I legally bound to ...


 I am a single mom with 1 child. I was expecting to get back $600 for me and $300 for my child, with Bush's
tax rebate. I just looked at my bank statement, and only $600 was deposited...where is my childs portion? Do they deposit at different times? Im trying to get a hold of the IRS, but not having any ...


 If someone has $0 in income (unemployed, no benefits) do they need to file taxes if over age 18?
Someone told me you still need to file and say you made $0 . Is that true?...


 Do you think pensioners should pay tax.?
We pay tax all our working life, and we pay tax on everything we buy. So why can't we enjoy a tax free life with what time we have left....


 If I have to pay on my taxes but cannot afford it what should I do?
...


 Where do you see taxes going in the next couple years?
...


 I just got married this year. Can my husband and I file a joint tax return? Should we?
...


 How long to I have to hold on to old financial records, bank statements, etc.? USA?
...


 If my refund amount is 7466 dollars how much would I end up?
paying HR block for tax fees and Same day check fees By the way it is a simple return 1 W2 form 3kids no other ...


 Dont you think in the UK we pay high income tax?
I sincerely think that low earners should pay less tax and high earner should pay higher tax. However in the UK it is the opposite. Dont you think that this issue should be addressed seriously? P...



dekka1111
What percent of a person's income is paid in taxes to the government in the UK?
                     
 




rachael p
Rating
Income tax calculation

Take the yearly salary. The first £5,035 is non-taxable so if this is all you earn then you pay nothing. The next £2,150 is taxed at 10 % and anything further is taxed at 22%. If a person earns over £38,000 then it is something like 40% tax.

To then work out how much you'll be taxes each month divide by 12. Hope this makes sense.

If you need more info cantact tax office or inland revenue have a web site.


dragoondf
In total with Income tax, national Insurance and community charges around 51%

Don't forget, national insurance and community charges are also taxes.


Dry Dreamer
ninety two pence in every pound you earn go's back to the government in one tax or another...income tax, tax on petrol, cigarettes, alcohol, road tax, vat, etc, etc.


BenignSource
Rating
Depends upon on how much you earn...the maximum is 40%


topdog
Rating
25% after your personal allowance up to about 33 thousand and then it is 40% then there is the 10% and 20% threashold for national insurance.


Paul C
Rating
Too Much its ridiculas, we're paying for things that we dont want to.


Felidae
That depends on their annual income.

See here:

http://money.guardian.co.uk/tax/factsheet/0,,595758,00.html

I tend to assume that I lose a third and am generally (but only Slightly) pleasantly surprised.


Slartibartfast
Not enough, I say.
Not enough.

I think you should pay twice as much as you earn.

This is what I think.
Sometimes

Other times - I don't think at all.


Anne P
I assume that you're talking about income taxes. There's the VAT, of course, which is 17.5%. Here's the info on income taxes:

The first £5,035 you earn yearly is not taxed (your personal allowance). If you are 65 or over, or blind, you may get a higher allowance.

For income above £5,035, the rate of tax is:

0 - £2,150 10%
£2,151 - £33,300 22%
Over £33,300 40%

You can lower your taxable income by taking tax deductions. Debt from credit cards is not tax-deductible, for instance, but interest on your mortgage is.

I hope this answer helps! Good luck with your taxes!


Charlie Brown
For single person

Upto 4800 +/- no tax then the next
2010 @ 10% then the next
30000 +/- @ 22%

I have necer earn't more than this but I think the highest marginal tax`rate is 40 - 45% and this is applied to anything else.

There are, of course othert taxes on share earnings, VAT on goods and services and of course capital gains and other ones, so you will of course pay more indirect tax through-out the year


Away With The Fairies
Rating
Use 33% as a rough guideline - it'll vary a bit in either direction depending on how much you earn (the higher the income the higher the tax, up to 40%) but that's a ball-park figure for you.


scallywag
Rating
It varies depending on your level of income but the maximum is 40% if your only source of income is your salary. But then there are other taxes such as vat, stamp duty, etc which vary depending on individual situation.


Feudalserfer
By the time you add on VAT, fuel duty and taxation on savings? Around 35-40% depending on your income. The 'stealth' (invisible or hidden taxes) that you pay on purchases and other services are the ones that do the real damage.


MIKE G
If you work in construction and are in the CIS4 Scheme, it is 18% deducted at source.


Platobeenz
Rating
Good question. Vote for us and you'll pay less whatever it is.


grumpyoldman
99%


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