Take a look at your tax code (assuming you are in the UK).
If your tax code is something like 463G or 567J it means you can earn that figue (with a "0" on the end) before you have to pay tax/
If your tax code was 463G then you could earn £4630 without any tax
567J would be £5670.
Does that help / make sense?
2007-01-30 02:34:46
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answer #1
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answered by Anonymous
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If you are an American, you can go to Iraq or close by, and earn up to $84,000 tax free. Anything over that, you get taxed on what you make over that amount. Of course, you have to be over there for a while.
2007-01-30 04:20:38
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answer #2
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answered by George P 6
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relies upon. As babysitter you're self-employed and once you're making extra desirable than $4 hundred in a 365 days, you're required to checklist it and document a tax return, and pay self-employment tax. Your buddy's suggestion isn't in accord with US regulation or IRS policies, even if often omitted by way of extreme college pupils doing some sitting. neither is Manhatta's post genuine. once you're self-employed, you do not acquire a W-2. you're able to or could not, acquire a 1099, yet no count in case you do or not has no result on no count in case you're required to document or not.
2016-12-13 04:26:20
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answer #3
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answered by Anonymous
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Yeah in the uk its 100 a week and u dont have to pay tax
You have to earn over a certain ammount for it to be taxable but naational insurance is 6 a week which is nothing really just claim low earning ;)
2007-01-30 02:36:52
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answer #4
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answered by Anonymous
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What ever your tax code is you can earn that amount & it will not be much.
2007-02-01 03:36:17
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answer #5
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answered by Ollie 7
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You will need to contact the IRS and ask them. No matter what you make I believe one musst make a return, even if it means you could get all you paid in back. Don't be on the wrong side, just ask and you'll be fine, Good Luck
2007-01-30 02:36:34
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answer #6
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answered by darlene g 2
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Yes whatever the limit is on your tax code...
Contact your tax offise to check what your individual tax code is if you are not sure
2007-01-30 02:36:16
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answer #7
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answered by blazing_staruk 3
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actually there is, but not the most ethical, as far as i know, charitable institutions dont pay taxes from donations by benefactors. also religous institutions are also tax free
2007-01-30 02:44:53
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answer #8
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answered by cordero 1
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£5035 per year 06/07
2007-01-30 02:37:40
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answer #9
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answered by man with the golden gun 4
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is about £5240
2007-01-30 03:41:53
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answer #10
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answered by paul t 4
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