Tax year 2014
#16
Account Closed
Joined: Jan 2006
Posts: 0
Re: Tax year 2014
for someone with no properties in the UK and not earning money from the UK and just have a 2 jobs here - would the turbotax/studiotax be ok to use - first tax return next year.
I dont understand though why my UK income will be taken into account as I have already been taxed on it in the UK. This means I am going to be taxed again..?
I dont understand though why my UK income will be taken into account as I have already been taxed on it in the UK. This means I am going to be taxed again..?
I use Tax Chopper - CuteTax | Canadian Tax Software | Online Tax Software to file my returns, it's free if you make under a certain amount, and very simple to use.
#17
Joined: Sep 2008
Posts: 12,830
Re: Tax year 2014
for someone with no properties in the UK and not earning money from the UK and just have a 2 jobs here - would the turbotax/studiotax be ok to use - first tax return next year.
I dont understand though why my UK income will be taken into account as I have already been taxed on it in the UK. This means I am going to be taxed again..?
I dont understand though why my UK income will be taken into account as I have already been taxed on it in the UK. This means I am going to be taxed again..?
#18
Re: Tax year 2014
You have to report your world income and can claim a tax credit for any tax you have paid elsewhere. If you owe any additional tax, you pay the difference. you will need a certificate of foreign tax paid, or you could be taxed twice. Your foreign income will push up your total income and may or may not affect your overall tax situation, it may push you up into a higher tax bracket in Canada for instance you you end up owing CRA more.
P60?? I won't have the orginals of these though, only copies and also these won't come through until after April as the tax year in UK is from April to March.
Not quite sure how I am meant to do this as the one here needs to be done by end of May(?) and I want it out of the way by March...
#19
Re: Tax year 2014
P60?? I won't have the orginals of these though, only copies and also these won't come through until after April as the tax year in UK is from April to March.
Not quite sure how I am meant to do this as the one here needs to be done by end of May(?) and I want it out of the way by March...
Not quite sure how I am meant to do this as the one here needs to be done by end of May(?) and I want it out of the way by March...
This isn't the first time i have filed late and never even so much as had a letter from them.
As from now though i work in an office so i have to file on time in case i owe them lol There must be other truckers on here who can confirm this ?????
You claim $75 per day meal allowance for every full day your in the USA, can't remember what it is for Canada but trust me you wont owe them anything. Talk to an accountant who specialises in trucker accounts and tax !!!!
Ah your not the OP lol so this may not be the same for you.
Last edited by Juggernaut1064; Dec 22nd 2014 at 7:35 pm.
#20
BE Forum Addict
Joined: Dec 2008
Location: Winnipeg
Posts: 1,497
Re: Tax year 2014
As far as I know you wouldn't be taxed on earnings/income for the year from before you were resident.
We declared them - but not as income (I believe it was for something to do with GST refund or something. We weren't entitled to anything anyway). (Someone jump in and correct me if I'm wrong).
#21
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Tax year 2014
Are you talking about UK income from before you became resident for tax purposes, or income you have received afterwards?
As far as I know you wouldn't be taxed on earnings/income for the year from before you were resident.
We declared them - but not as income (I believe it was for something to do with GST refund or something. We weren't entitled to anything anyway). (Someone jump in and correct me if I'm wrong).
As far as I know you wouldn't be taxed on earnings/income for the year from before you were resident.
We declared them - but not as income (I believe it was for something to do with GST refund or something. We weren't entitled to anything anyway). (Someone jump in and correct me if I'm wrong).
#22
Re: Tax year 2014
That's great. I haven't earnt any money in the UK since I have been here. Sorry I've hijacked this thread as its for truckers and I'm not one lol but thanks for the info
#23
Re: Tax year 2014
for the original poster, this is NOT the company i work for but some useful info on this link for truckers tax.
Taxes for Truck Drivers: Don’t Forget Your Meal Allowance and Employment Expenses | Len Dubois Trucking | Winnipeg Trucking Company
Taxes for Truck Drivers: Don’t Forget Your Meal Allowance and Employment Expenses | Len Dubois Trucking | Winnipeg Trucking Company
#24
Account Closed
Joined: Jan 2006
Posts: 0
Re: Tax year 2014
P60?? I won't have the orginals of these though, only copies and also these won't come through until after April as the tax year in UK is from April to March.
Not quite sure how I am meant to do this as the one here needs to be done by end of May(?) and I want it out of the way by March...
Not quite sure how I am meant to do this as the one here needs to be done by end of May(?) and I want it out of the way by March...
Has tax deadline been moved or have I just been confused all these years? The deadline is April 30th isn't it?
Not that I care, I file as early as possible to get my refund, but just curious as this is the 2nd time May has been mentioned.
#25
Joined: Sep 2008
Posts: 12,830
Re: Tax year 2014
April 30 for employees and June 15 if you have self employment income. Although any tax owed has to be paid by April 30 to avoid interest.
#26
Re: Tax year 2014
I use Tax Chopper - CuteTax | Canadian Tax Software | Online Tax Software to file my returns, it's free if you make under a certain amount, and very simple to use.
#27
Re: Tax year 2014
this years return will be my first not being a trucker here so not worth using an accountant. Which is the best tax software to use ????
#28
Just Joined
Joined: Dec 2014
Posts: 27
Re: Tax year 2014
hey there , i am looking to apply for my tax back in canada , but im also applying for a visa for 2015 , i wondered if applying for my tax back will affect me getting a visa for next year? any infro would be great many thanks nico
#29
Forum Regular
Thread Starter
Joined: Jan 2009
Posts: 104
Re: Tax year 2014
for the original poster, this is NOT the company i work for but some useful info on this link for truckers tax.
Taxes for Truck Drivers: Don’t Forget Your Meal Allowance and Employment Expenses | Len Dubois Trucking | Winnipeg Trucking Company
Taxes for Truck Drivers: Don’t Forget Your Meal Allowance and Employment Expenses | Len Dubois Trucking | Winnipeg Trucking Company
#30
Forum Regular
Joined: Mar 2011
Posts: 245
Re: Tax year 2014
I've been in Canada since July when will I have to submit a tax return I'm used to going to an Accountant i have noticed h&r block and have been told to use them , when will I receive my tax return and how long would I have to wait to receive payment I work as a long haul truck driver so I hope to get a good Amount of cash as I had to pay for my own truck training and hotels .
On the other hand, in the second tax return, when you've been there a full year you should get one and H&R block will give you the refund right there (after taking a cut).