Previous employor withholding W-2's? |
| My previous employor hasn't sent my W-2's. We had several payroll companies and has all of 2006 W-2's execpt Jan-March. In that time he cut me checks out of his personal account like I ... |
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What is the maximum amount you and your wife can make and still get that bonus the government gives? |
| I was wondering how much you could make and still qualify for that bonus the government gives out. My wife didn't really make anything this year, less than 3,000 dollars total for the year, and I... |
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Can I file my 2006 taxes before I receive my W4? |
Additional Details As mentioned I meant my W2s. Can I file my taxes for 2006 BEFORE I receive my W2?... |
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Can a disabled relative be claimed on taxes? |
| My brother was born with a severe birth defect called Cloacal Bladder exstrophy. As a result he was given a surgical procedure where his ureturs from his kidneys were tied internally to his ... |
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What federal tax form do I use if........? |
| I make less than $7,000 a year; I don't own a home or any property; I have NO children (thank God); I'm not married, and I gave money to my local church last year. Is there a special form I... |
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Why do people get busted for tax evasion if there is no law that we have to pay income tax? |
My understanding is that there is NO law that requires that people pay income tax and yet I hear about people getting popped all the time by the IRS for income tax evasion.
What gives? <... |
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17 year old girl, claimed as a dependent on parent's taxes, but made $3000. Do I get the tax rebate? |
| My parents claimed me on their taxes as a dependent. But I worked all last year, and made over $3000, so do I qualify for the rebate? I initially thought i did, but now I have read an article that ... |
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Stimulus/Rebate Checks - those that are suppose to be sent by July 4th - has anyone received theirs yet? |
| Going by the Stimulus Payment schedule at irs.gov, my rebate check should be sent out no later than July 4th - but by it stating "no later than", I am wondering if I can expect it sooner ... |
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Why Am I paying tax? |
| I am 18 and a full-time student and work weekend I am just wondering whether i have to pay tax? If not what can i do so that i will not be taxed from my wages? I earn around £3370.80 a year. So will ... |
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Bubbles | Why do I pay NI? What is it? |
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Nickname
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When you claim benefits (pension, job seekers etc.) they usually consist of a fixed statutory part which everyone will get and another variable part, which is based on the NI contributions you have made.
Originally the NI contributions were intended to fund all the benefits they pay for, but that is no longer the case and money from various sources all goes into one pot and is distributed to wherever it is needed.
It is a common misconception that NI contributions fund the NHS. This is paid for out of general taxation and is free at the point of use for all citizens, regardless of contributions made. |
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Kathy S
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NI is NOT a contribution to the health service. It is an insurance against sickness and unemployment and its payment is your contribution towards sickness, unemployment and invalidity benefits should you require them. Payment of sufficient contributions also counts towards your state pension provision. |
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rick_kelsall
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It's more than health contributions, it's general contributions in the event that you are unemployed in the future.
If you become unemployed in UK they look at your N.I. contributions to date to determine what benefits you will receive. |
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Mephistopheles
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National Insurance is a compulsory payment to preserve your entitlement to Social Security Contributory benefits and to preserve your right to a Retirement Pension in later life. |
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GillsMan
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It contributes to both the NHS and the pension state. The latter is a bit of a joke, though, because it's widely believed that by the time we hit retirement age (I'm 25 - but this applies to people older than me as well), there will be no real state pension to talk about, because all the money will be gone.
So our NI are supporting today's pension seekers, but when it comes to our turn, we'll be stuffed, which is why many people are investing money in property or company pensions to ensure they're OK when they're older. |
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sallyally
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National insurance
National insurance is a scheme where people in work make payments towards benefits. The payments are called national insurance contributions and certain benefits are only payable if you meet the national insurance contribution conditions. National insurance contributions also go towards the costs of the National Health Service. The national insurance scheme is administered by the HM Revenue and Customs (HMRC).
If you claim a benefit or tax credit, you will need a national insurance number. This applies even if it is not a benefit which depends on national insurance contributions. You will also need to supply your national insurance number in other circumstances, for example, when you get a new job. |
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vicky7177
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Think it is a contribution (unvoluntary) to the health service im not sure though. |
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TARLOCHAN S
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I've lost my NI Card but is it still possible to work providing i give my personal details too my employer untill i recieve my number? |
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Clare
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Essentially, if you don't pay NI (National Insurance), then want NHS dental treatment, free prescriptions from the doctors if you're ever entitled to them, or sick pay, statutory maternity pay (for women obviously!), a hope of a pension or benefits, anything like that that the government subsidises, then you have no hope of getting them. You have to pay into the system to get the benefits. And for all those out there saying, but I'm not going to benefit. Well, I think in the short term we will, as you will still get subsidised health care, i.e. no private fees yet for hospital work unless you want to pay it!, but in the long term the question will inevitably end up being, What's a state pension?
C x |
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