If a gross monthly income of a household with 2 kids (with both adults working) is £2K how much will be a tax and NI?

Let’s learn if a gross monthly income of a household with 2 kids (with both adults working) is £2K how much will be a tax and NI. The most accurate or helpful solution is served by Yahoo! Answers.

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Answer:

Tax is 20% N.I is 9% with taking into account any child tax benefits which isnt alot, hope this helps...

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If there's 2 adults working and 4 full time students, do all members of the household have to pay council tax?

I went to the council yesterday and they said if one adult was working and the rest were students, they're would be a 25% discount, but everyone ie; the students would still have ...show more

Answer:

Unless you live in a unique council area, the tax is calculated on the physical property and bears no...

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7VR6GLBKDY226247I2DUSYNGBU at Yahoo! Answers Mark as irrelevant Undo

Has this been calculated right? Income tax and NI?

My understanding of National insurance is that you get the first £110 of your weekly income free, and the remaining is charged at 11% up to a weekly income of £840.00 then in which case it would be charged at 12%. Then for income tax the...

Answer:

6035 is not this years code. Codes depend on other factors - especially for higher earners who are more...

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Why is it fair that NI cons must be paid to the end of the tax year you reach 65 if you continue working?

I was in the same class at school as my friend who I'd known from preschool days: our parents were good friends. He was a 3 weeks older than me being born at the end of March. We met up again about a year after leaving school as apprentices at the same...

Answer:

What a long screed for a simple question. You stop paying NI when you are 65 (whether working or not...

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Can working couple without kids file taxes separately with married status so that they fall at lower tax slab?

Can an employed wife get exemption by putting unemployed husband as dependent? My wife entered US on 03/21/2010 and started working in US from 03/22/2010 I entered US on 05/09/2010 and started working in US from 08/23/2010. I was unemployed for approx...

Answer:

You can each file as married filing separately if you want to instead of a joint return. But it will...

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How to fill I864A, Wife Joint Sponsor, husband Household member, file joint income tax, what does household me?

The wife is the joint sponsor and the husband is the household member. Income tax is filed as joint return. I864A ask on the household member's section for his individual income ...show more

Answer:

the spouse is always the main sponsor anybody else is the co sponsor your description is confusing http...

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5DC3QMXF3A7N5KRWE274FVGT7A at Yahoo! Answers Mark as irrelevant Undo

Working for a foreign company (Spanish). How do I pay NI and tax?

I'm going to be working for a Spanish company and will represent them in the UK. They have no presence in the UK and I am their sole employee here. I'll be working as a communications consultant. I want to understand my tax and National Insurance situation...

Answer:

You will need to register with HMRC as an employer as the sole UK rep of the Spanish company. HMRC will...

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Class 4 NI and income tax question.?

This probibly sounds like a stupid question and I'm pretty sure I already know the answer, but I want to be 100%. OK, income tax is payable from overall profits, but does it come out before or after the NI payments. For instance, if profits are £...

Answer:

NI payments are a personal expense, not an expense of the business, so it doesnt come into your book...

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Income tax question: Living in Ontario and Working in Quebec?

I am filing my 2007 tax return(a little late, I know). As of the end of the year I was a resident of Ontario, therefore I am filing income tax in Ontario. I worked for a portion of the year in Quebec, so I received a Releve 1 form showing my Quebec Income...

Answer:

When it asks you for your taxes deducted, you include both Federal and Provincial amounts. CRA straightens...

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leftover... at Yahoo! Answers Mark as irrelevant Undo

How much should I be deducted from my wages both for NI and as Income Tax?

I though it should be around 20% altogether but I have been deducted 19.19 for NI and 55.80 as Income tax from 279 which works out something like 20% deduction as Income Tax and 7% for the NI. Is this normal or not? It is my first wages so I want to...

Answer:

QUICK ANSWER Based on £279 paid for 1 week and assuming you're on week 1 normal tax code then...

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