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 How long do i need to keep my tax return files? |
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 Poll: When did you file your return & when do you expect it? |
Im reading on here that some people got their returns today & some will get them tomorrow. I though January 30th was the first date?
When did you file?
When do you expect your ... |
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I would like to know how much would I receive each month after tax on an annual income of $90000? Tx!
Additional Details
Hi, I am a single person w/no dependents and don't own a ... |
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brighteyes | When starting work for the first time, do you pay tax straight away or after you have earened so much? |
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steffi
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As you have asked this question on the UK site, I am answering for this country. The British tax year goes from 6th April to 5th April, and you are currently allowed to earn £6035 per annum before paying tax. It is proportioned out throughout the tax year, up to 5th October, you could earn £3017 before tax would be deducted.
This is your first job, so when employer asks you to sign form P45 to say that this job is your only or main one, also make sure the box that asks if this is your only employment/you were previously in full-time education is ticked. Your employer should put you on a cumulative code, so that you can utilise your backlog of unused tax allowances. Thus it should be some while before you start paying tax.
Just to correct, you are not exempt from paying tax at any age, if your income is over £6035. |
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chokkaholic
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I agree with Steffi although signing a P45 is incorrect, (just typing error I suspect), it would actually be a P46: Employee without a Form P45 |
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snetlaV
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straight away. though it will depend on your salary.
to prevent more problems in the future, start paying from your first check. |
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doingthepanic
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Taxes come out of your pay automatically. Your pay stub will show the deductions. That is, unless you are getting paid cash under the table (which is not legal). |
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Wise ol' owl
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American Government takes theirs off of the top. |
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tr_a_ce
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It depends on how old you are......if you're 15 and under you do not pay tax.....if your 16 or older it will be taken off every pay check commencing with your first check. |
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hellogoodbyeuk
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It all depends how much you earn. If you earn enough to be taxed, this tax will be taken out of your pay each month. |
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My two cents
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they can't take out what you dont work. Its when you start working that they take out. Like if you work one hour and quit. Yep its going to be taxed. |
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mary k
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as soon you start working u pay taxes. |
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John D
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They take it out of every check |
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Darkest Star
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You start paying Basic Rate tax immediately, make sure however that your employer's pay department move you on to the correct code after three months. |
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