Taxes - June 2007

Do I have to pay Taxes on it?

2007-06-28 02:59:18 · 7 answers · asked by steppy 2 in United States

my dad bought a house in another country about 12 years ago.and he passed away about 10 years ago. and he left the house to me and my mum.we ve had so much problem with this house.its was in the court case for 7 years.finaly the judge dedcided the house was ours.we want to sell it soon as possible and bring the money to uk.
do i need to pay inheritance tax?
plz plz help
many thanks

2007-06-28 02:26:23 · 7 answers · asked by ruby 1 in United Kingdom

i am paid monthly but parts of monthly pay are calculated weekly i.e. overtime so which months of the year 2007-2008 will be classed as 5 week months, hence 5weeks overtime pay as opposed to usual 4weeks. i think july and october 2007 are two what are the others? please. :)

2007-06-28 02:21:53 · 2 answers · asked by Anonymous in United Kingdom

If I add 15% to the figure I have now, this of course will be wrong because it is adding it to a lower figure than I started with. Can anyone help please?

2007-06-28 01:38:40 · 20 answers · asked by Squirleyanne 1 in United States

My husband and brother-in-law just got laid off from their jobs. They are thinking of starting a contracting business of their own. I was wondering, can they still collect unemployment untill the checks start coming in from their business, as long as they claim both incomes at the end of the year?

2007-06-28 00:53:15 · 4 answers · asked by mommyfor4 2 in Other - Taxes

oversea employee works in uk in architectural practice base in uk and work for 1 or 2 years.

2007-06-27 23:57:21 · 4 answers · asked by Anonymous in United Kingdom

Including national insurance what is the total percentage of tax taken?

2007-06-27 23:42:52 · 1 answers · asked by mrswentworthmiller4eva 1 in United Kingdom

Sales of securities, and also undeveloped land.

2007-06-27 23:40:05 · 4 answers · asked by Summer_Girl 1 in United States

The only income received was from a regular job where taxes were deducted through payroll deductions.

2007-06-27 22:33:52 · 11 answers · asked by M F 2 in United States

2007-06-27 22:15:00 · 8 answers · asked by Anonymous in United Kingdom

2007-06-27 18:39:14 · 5 answers · asked by Anonymous in United States

I worked for a seasonal tax company as a branch manager for 6months. It was my first year I also worked as a tax preparer. 15 days before my branch was closing I got call from headquarters and they informed me the bank deposit and the accounts are not matching. On investigation they found I was supposed to deposit money every day instead of lump some of two days or so they never provide me any training on that. After three months of season is over they are telling me that cash is missing so they cannot rehire me How do I know we had four receptionist I tried to match balance as much as I could I was not given any training on that .I am so pissed when they informed me. I have not even taken a penny why me they did no investigation just because I am a manager I am asked to leave. They asked me I did not take any corrective measures against anyone but I was not informed that cash is missing until now when office is closed over three months.
Please advice what should I do.

2007-06-27 18:32:12 · 2 answers · asked by Anonymous in United States

I am late to file my taxes because I fogot about it and did not file for an extention. Should I still file my taxes? Incidently, I don't owe anything and live overseas. But I think the question should be answered to the generic point that if one forgot to file when and if should then do so?

2007-06-27 17:26:46 · 8 answers · asked by evotelution 1 in Other - Taxes

I need a reference to the Internal Revenue Code or Reg.

2007-06-27 16:52:51 · 3 answers · asked by Paul F 1 in United States

Is this true? Proof from a government website?

2007-06-27 16:47:27 · 5 answers · asked by Anonymous in Australia

2007-06-27 15:32:34 · 5 answers · asked by TMarie 3 in United States

I'm moving to England for a new job in a couple months and in order to help predict my budget etc. I'd like to know a ballpark of what I'll be actually taking home as far as my paycheck. In the States, I do not get much more than half of my annual salary. So, my salary is 25K pounds (sorry, can't locate the symbol for pounds), can anyone give me an idea how much will go to tax? Thank you!

2007-06-27 15:04:28 · 9 answers · asked by onethingneedful 1 in United Kingdom

What is the formula to compute it and write it on the sales invoice?
sales=222 -this number is example only
VAT=?
--------------------
Total=300 US $

2007-06-27 13:06:38 · 1 answers · asked by archiemedes p 1 in Other - Taxes

i am doind to business plan for my college class and i decided to do it on a truck driving company. i am almost finish but in the balance sheet there is an area where you subtract your taxes from the net sales. how much tax would i have to pay if my net sales are 56,000. i live in texas

2007-06-27 12:29:04 · 2 answers · asked by Anonymous in United States

I live in California and I need an SUV or big truck for work, can I claim this as a tax deduction?

2007-06-27 12:02:40 · 1 answers · asked by jtworks79 1 in United States

2007-06-27 11:24:09 · 4 answers · asked by anita1969 1 in United States

2007-06-27 11:04:48 · 6 answers · asked by Anonymous in United States

2007-06-27 11:04:05 · 2 answers · asked by tkremark 2 in United States

i need to get them done for school purposes asap and i could really care less about the w-2 from the darn BB-Q joint i worked at for a couple months, at best. Can i just "skip" that w-2?

2007-06-27 10:55:20 · 5 answers · asked by raymond b 1 in United States

2007-06-27 10:22:49 · 3 answers · asked by Anonymous in United States

I know that different incomes are taxed at different rates, but don't quite get exactly how the math works out. If I make just enough to bump me into the next tax bracket, is it possible for me to have less net income?

Here's a hypothetical situation. Last year I made $24k, and was taxed at %10. This year, I made $26k, which puts me in the %20 tax bracket. Last year's net income would then be $21,600, and this year's would be $20,800.

Is that right?

2007-06-27 09:45:02 · 4 answers · asked by OMGWTFBBQ!!1 3 in United States

2007-06-27 09:42:32 · 3 answers · asked by Terry F 1 in United Kingdom

I know of a store manager that doesnt pay tax. how do I complain to the IRS and get him busted?

2007-06-27 08:57:40 · 9 answers · asked by fine touch of class 4 in United States

A few facts before you answer:

Average annual cost to the NHS on smoking related diseases in the UK is £1.7 billion

Average annual government income from tax on tobacco in the UK is £10.5 billion.

The high tax apparently has 2 purposes, to encourage lower usage and to keep taxes lower for those who can't afford it.....Isn't this self defeating, if the government achieve objective 1, objective 2 falls on it's face!

2007-06-27 08:56:32 · 10 answers · asked by Al 4 in United Kingdom

I worked for the employer and initially earned $13,000 and i received the W-2 form for the income and i filed the taxes for $13,000. Received letter from the IRS that the employer showed addition income for fishing income $12,790, another income $12,790, rental loyalty $13,990.
I don't understand the additional income showed by the employer and how can is dispute. ( The employer never gave me any document regrading the addition income shown on the IRS). I NEVER RECEIVED THE ADDITIONAL INCOME SHOWN IN THE IRS DOCUMENTS BY THE EMPLOYER

2007-06-27 08:25:28 · 6 answers · asked by iqbal s 1 in United States