Which country pays more income tax, the USA or the UK?
In absolute terms, you pay less income tax in the US. The highest rate of income tax in the US is 39.6% if you earn over $418k. In the UK, it’s 45% if you earn over £150k.But, as others have said, it’s not that simple.In many US states, you also have to pay state taxes - some states pay nothing, but New York, for example, the state taxes can be an additional 8.8%. Nothing like that in the UK.Property taxes in the US can be insane - again, in some states they’re minimal or non-existent, but in others, New Jersey, for example, they can be over $15k per year for a normal-sized house. The highest council tax (UK equivalent to property tax) on an individual property in the UK is £1750-ish. Plus, if you don’t pay your property taxes, the state can put your home up for tax sale and you’ll be made homeless. The very worst that happens in the UK if you don’t pay your council tax is you might spend a few days in jail, but you’ll still be able to get out and go home.Sales taxes are another thing to consider in the US - every state, even some cities do them differently, they range from nothing, up to 10.25% in Chicago. In the UK, most items are subject to 20% VAT, but VAT works differently to sales tax and can often be offset or passed along the supply chain. It’s also included in the price you see and doesn’t have to be added on at the register, so if something has a price tag of £4.99, that’s what you pay. The VAT is already included.Even after all that, the UK probably has a slightly higher tax burden (unless you own a large property in a high property tax state like NJ). But, remember, in the US, you’ve got to pay for healthcare on top of that. The tax you pay in the UK pays for the NHS. The social services you can avail of in the US are far more limited than those in the UK. And there’s far more ‘free’ cultural stuff in the UK that taxes pay for.Depends what you value, basically.
About Little Caesar's , how much do they pay per hour if working part time?
It will be minimum wage in Michigan. (Google "minimum wage Michigan" for more since here in CA it's $8.) You will have to work weekends and nights to start and work your way up to better hours. If you put on your app that you can't work weekends they'll never consider you. As far as a paycheck. Assuming you put down 0 for dependents on your tax sheet, take the minimum wage times the number of hours you're hoping for, and then deduct about 1/3 for taxes.
My roommate is demanding I pay for council tax and I'm a student is this legal?
It’s legal to “demand” anything. Of course, you aren’t legally responsible for the fee (unless so specified in the tenancy agreement). Generally, the council tax is billed to the owner, and is considered in the rent, so that it’s not billed separately.From the question, it sounds like you are flatting with the owner of the property, and he’s gotten a bill he can’t pay that you aren’t responsible for, and he’s on-billed you for a portion, hoping you’ll pay his debts.Of course, outright refusal could cause issues when your lease is up, or your relationship with your landlord.Or you are flatting without a formal agreement with the landlord, and your roommate has a formal agreement where the tax is on-billed (rare, and illegal here, but I don’t know UK laws, or where you are), and his subletting agreement with you didn’t specify.So you are probably not required to pay that additional fee, but to not do so could cause you problems. If you choose to not pay the debt you aren’t responsible for, you may want to investigate alternate housing.
I have been subjected to council tax in the UK but have not been granted the right to work. Is there any way around this?
In general there are three types of taxes that are levied by the government - sales taxes (which in the UK is VAT) which is a tax on what you buy; income tax is a tax on what you earn; property tax (known usually as council tax in the UK) is a tax on where you live. They are three very separate ways for the different levels of government to raise money to cover their costs.If you never buy anything, you won’t pay sales tax; if you don’t work you won’t pay income tax; if you don’t live anywhere (not quite sure how that is possible) you won’t pay any property taxes.If you rent a place from a private landlord, then it’s possible that the landlord pays those taxes, and not you, but it’s also possible that the landlord passes those taxes on to you. It’s a little more involved than I am willing to write up in this answer, so please refer to this article: Are You Responsible For Paying Council Tax ? for more details.
Estate agent lied about Council Tax band (London)?
I think it's unlikely that you can do anything unless they put it in writing stating it was a band B and then you found it was a band C. They could argue that they told you nothing of the sort, or that they were under the impression it was a band B and were offering it as advice, or that the last tenants told them it was a band B - or maybe you took it as read when they did say they thought it was a band B - was that the only thing that persuaded you to rent the property? it's only another £5 a week. I suspect your tenancy agreement makes no mention of the council tax except to say that bills, taxes and charges (including council tax) are the responsibility of the tenant, in which case you are unlikely to be able to prove it. Still, it might not hurt to mention it to someone at the agency, even if they are not going to do anything about it for you, they will not misinform the next tenants.
I have a 'advance recovery' on my payslip and I need help understanding it?
As above, that's usually what it means - but have you got debt from elsewhere? it could be an Attachment of Earnings that they have put under that deduction code. Most likely sources of AOE is council tax arrears and court fines.
How much council tax can I claim back if I'm self-employed in the UK?
Working from home? Make sure you claim for the business use of your homeThis explains how to work it out.
Is the UK a poor country for most people? I've heard from UK expats that many people are really struggling to survive there. Is that true?
I have around £25, 000 after tax and here is how it is spent:£7500. Rent (of a lovely character cottage) in a lovely village just outside a major city. Unfeasibly frequent bus service and train service about 10 minutes walk away, not that I ever use that because I have a car.£1300, council tax which for the benefit of overseas readers is the tax you pay to your local authority for services such as waste garbage collection, Road maintenance, policing and so on. My waste/garbage collection is divided into two parts, week 1 is general garbage, week 2 is glass and cardboard and paper.£900, electricity and gas.£680, telecoms comprising a 100mb fibre optic internet service and a mobile phone with unlimited voice minutes to the UK and unlimited data.£1800, food and domestic supplies such as cleaning materials etc.£300, annual water bill which provides good quality water regulated to National standards which is drinkable from the tap. Also drainage and sewage is taken away.£3000, cost of motoring which includes annual road tax, fuel, annual Ministry of Transport inspection, insurance.This leaves around £9, 000 disposable income of which at the present time my ex fiance to whom I have no responsibility whatsoever manages to scrounge about half as she gets her life back on track.Healthcare costs nothing. Studying costs nothing as I don't do any studying.Gym membership is about £700 a year and is my main luxury, as a counterpoint to the gym I spend about £500 a year on beer which is my secondary luxury.I am looking to do better but I have a great life and I will leave it as an exercise to the reader to decide if I am struggling or not.My income is a little below the average wage. Of course many people earn far less than me so will be struggling but at the same time they are also getting some support from the benefits system photos working tax credits, universal credit and so on.There is no doubt in my mind that many people are struggling but many more are doing very well and having comfortable lives with multiple holidays, nice cars and expensive hobbies.My personal politics are that the people who are struggling the most need the most support in terms of government support, opening up of opportunities, education and training, and encouragement away from bad habits.We are far from perfect but I'm not sure where our poor people would go where they would be likely to experience a better quality of life.
If you get paid 7.25 an hour how much tax do ur job take out.? ?
You are allowed to earn £6,475 per year before you start to pay tax. If you were to work 30 hours a week for a full 52 week year your total income before tax would be £11,310. Your taxable income would be £11,310 - £6,475 = £4,835 and the tax charged at 20% of this or £967. There would also be national insurance of £614.90, leaving a net wage of £9,728.10. This assumes you work a full year. Disclaimer: The answers above are for guidance only and should not be acted upon without you receiving independent financial advice relevant to your circumstances. To find an IFA please go to http://www.unbiased.co.uk Danny Cox, Certified Financial Planner, Hargreaves Lansdown www.H-L.co.uk