How much tax???
Jul 22nd 2002, 12:51 pm
#1
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Joined: Jul 2002
Posts: 6
How much tax???
I am thinking of moving to New York. Can anyone tell me how much income tax I can expect to be charged? Are there Tax bands as per the UK?
Any help much appreciated,
Thanks,
Any help much appreciated,
Thanks,
Jul 22nd 2002, 8:20 pm
#2
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Posts: n/a
Re: How much tax???
"Pies" <[email protected]> wrote in message news:[email protected]...
> I am thinking of moving to New York. Can anyone tell me how much income tax I can
> expect to be charged? Are there Tax bands as per the UK?
>
Both federal tax (www.irs.gov) and state tax (http://www.state.ny.us/)
Yes, there is banding.
Cari www.coribright.com
> I am thinking of moving to New York. Can anyone tell me how much income tax I can
> expect to be charged? Are there Tax bands as per the UK?
>
Both federal tax (www.irs.gov) and state tax (http://www.state.ny.us/)
Yes, there is banding.
Cari www.coribright.com
Jul 22nd 2002, 11:20 pm
#3
Guest
Posts: n/a
Re: How much tax???
On 22 Jul 2002 14:20:34 GMT, Pies <[email protected]> wrote:
>I am thinking of moving to New York. Can anyone tell me how much income tax I can
>expect to be charged? Are there Tax bands as per the UK?
>
>Any help much appreciated,
>
>Thanks,
I can't give an authoritative opinion but I think you will find the tax bight less
than in Britain. Also, living in other states near New York may lower your income tax
but they find other ways to tax you so that it comes out about the same.
I don't know the current tax rates but the round figure usually quoted for a NYC
resident making $100,000 is 38% total for Federal, State & City. I believe that
figure is before taking allowable deductions. What I can tell you is that it is
considerably lower today than it was in the early 1980s.
Brian
>I am thinking of moving to New York. Can anyone tell me how much income tax I can
>expect to be charged? Are there Tax bands as per the UK?
>
>Any help much appreciated,
>
>Thanks,
I can't give an authoritative opinion but I think you will find the tax bight less
than in Britain. Also, living in other states near New York may lower your income tax
but they find other ways to tax you so that it comes out about the same.
I don't know the current tax rates but the round figure usually quoted for a NYC
resident making $100,000 is 38% total for Federal, State & City. I believe that
figure is before taking allowable deductions. What I can tell you is that it is
considerably lower today than it was in the early 1980s.
Brian
Jul 23rd 2002, 12:20 am
#4
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Posts: n/a
Re: How much tax???
"Pan" <[email protected]> wrote in message
news:[email protected]...
>
> >Yes, there is banding.
>
> What is "banding"?
Tax brackets.
>
> Michael
>
> To reply by email, please take out the TRASH (so to speak). Personal
messages only, please!
news:[email protected]...
>
> >Yes, there is banding.
>
> What is "banding"?
Tax brackets.
>
> Michael
>
> To reply by email, please take out the TRASH (so to speak). Personal
messages only, please!
Jul 23rd 2002, 3:20 am
#5
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Posts: n/a
Re: How much tax???
"Pies" <[email protected]> wrote in message news:[email protected]...
> I am thinking of moving to New York. Can anyone tell me how much income tax I can
> expect to be charged? Are there Tax bands as per the UK?
>
> Any help much appreciated,
Everything you want to find out about taxation in NY can be found on the official New
York State web site at http://www.state.ny.us/
> I am thinking of moving to New York. Can anyone tell me how much income tax I can
> expect to be charged? Are there Tax bands as per the UK?
>
> Any help much appreciated,
Everything you want to find out about taxation in NY can be found on the official New
York State web site at http://www.state.ny.us/
Jul 23rd 2002, 3:26 am
#6
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,448
Re: How much tax???
Originally posted by Pies
I am thinking of moving to New York. Can anyone tell me how much income tax I can expect to be charged? Are there Tax bands as per the UK?
Any help much appreciated,
Thanks,
I am thinking of moving to New York. Can anyone tell me how much income tax I can expect to be charged? Are there Tax bands as per the UK?
Any help much appreciated,
Thanks,
Jul 23rd 2002, 4:20 am
#7
Guest
Posts: n/a
Re: How much tax???
On Mon, 22 Jul 2002 16:42:23 -0700, "Peter L" <[email protected]> wrote:
>
>"Pan" <[email protected]> wrote in message
>news:[email protected]...
>>
>> >Yes, there is banding.
>>
>> What is "banding"?
>
>Tax brackets.
Oh.
Yes, we have tax brackets, but both New York State and New York City taxes are
generally quite regressive.
Michael
To reply by email, please take out the TRASH (so to speak). Personal messages
only, please!
>
>"Pan" <[email protected]> wrote in message
>news:[email protected]...
>>
>> >Yes, there is banding.
>>
>> What is "banding"?
>
>Tax brackets.
Oh.
Yes, we have tax brackets, but both New York State and New York City taxes are
generally quite regressive.
Michael
To reply by email, please take out the TRASH (so to speak). Personal messages
only, please!
Jul 23rd 2002, 10:21 am
#8
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Posts: n/a
Re: How much tax???
[email protected] (Brian Wickham) wrote:
> >I am thinking of moving to New York. Can anyone tell me how much income tax I can
> >expect to be charged? Are there Tax bands as per the UK?
>
> I can't give an authoritative opinion but I think you will find the tax bight less
> than in Britain.
Yes, that's true, but it's also true that you get much less for your taxes. In fact,
most of what you get isn't visible. You have to make yourself aware of what your tax
dollars buy. In Britain, and many other countries, your tax money at work is much
obviouser.
Unless you're a multi-zillionaire, taxes should be among the least of your
considerations on a move.
__________________________________________________ ___________
ICONO CLAST A San Franciscan in 47.335 mile² San Francisco
http://geocities.com/dancefest/ IClast at SFbay Net
> >I am thinking of moving to New York. Can anyone tell me how much income tax I can
> >expect to be charged? Are there Tax bands as per the UK?
>
> I can't give an authoritative opinion but I think you will find the tax bight less
> than in Britain.
Yes, that's true, but it's also true that you get much less for your taxes. In fact,
most of what you get isn't visible. You have to make yourself aware of what your tax
dollars buy. In Britain, and many other countries, your tax money at work is much
obviouser.
Unless you're a multi-zillionaire, taxes should be among the least of your
considerations on a move.
__________________________________________________ ___________
ICONO CLAST A San Franciscan in 47.335 mile² San Francisco
http://geocities.com/dancefest/ IClast at SFbay Net
Jul 23rd 2002, 1:21 pm
#9
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Posts: n/a
Re: How much tax???
Pulaski wrote:
> Pies wrote:
> > I am thinking of moving to New York. Can anyone tell me how much income tax I
> > can expect to be charged? Are there Tax bands as per the UK? Any help much
> > appreciated, Thanks,
>
> I started in NY at the end of last year working as a relatively lowly paid banking
> professional (you can guess the ballpark salary), and I pay around 27% federal tax
> and around 8% state and county taxes, so not much less than the UK. Then add in my
> contribution to health insurance and I am no better off than I was in London,
> except that almost everything here is cheaper.
Probably because there is no VAT in the USA.
Larry
--
Larry Finch
N 40° 53' 47" W 74° 03' 56"
> Pies wrote:
> > I am thinking of moving to New York. Can anyone tell me how much income tax I
> > can expect to be charged? Are there Tax bands as per the UK? Any help much
> > appreciated, Thanks,
>
> I started in NY at the end of last year working as a relatively lowly paid banking
> professional (you can guess the ballpark salary), and I pay around 27% federal tax
> and around 8% state and county taxes, so not much less than the UK. Then add in my
> contribution to health insurance and I am no better off than I was in London,
> except that almost everything here is cheaper.
Probably because there is no VAT in the USA.
Larry
--
Larry Finch
N 40° 53' 47" W 74° 03' 56"
Jul 23rd 2002, 7:20 pm
#10
Guest
Posts: n/a
Re: How much tax???
On 22 Jul 2002 14:20:34 GMT, Pies <[email protected]> wrote:
>I am thinking of moving to New York. Can anyone tell me how much income tax I can
>expect to be charged? Are there Tax bands as per the UK?
>
>Any help much appreciated,
>
>Thanks,
>
>
>
>--
>
Love to know how you are going to get a work permit just like that! It is extremely
difficult! My daughter is always having to get hers re-newed every three yrs and it
is not always automatic,and they tell her it will take 4 yrs at least to get a green
card and many thousands of dollars for the lawyers fees! I often wonder how other
people just seem to swan off to the States to live and she has such a hassle! Elma
in Glasgow, Scotland, UK (Remove spex to reply by email)
>I am thinking of moving to New York. Can anyone tell me how much income tax I can
>expect to be charged? Are there Tax bands as per the UK?
>
>Any help much appreciated,
>
>Thanks,
>
>
>
>--
>
Love to know how you are going to get a work permit just like that! It is extremely
difficult! My daughter is always having to get hers re-newed every three yrs and it
is not always automatic,and they tell her it will take 4 yrs at least to get a green
card and many thousands of dollars for the lawyers fees! I often wonder how other
people just seem to swan off to the States to live and she has such a hassle! Elma
in Glasgow, Scotland, UK (Remove spex to reply by email)
Jul 23rd 2002, 7:20 pm
#11
Guest
Posts: n/a
Re: How much tax???
In article <[email protected]>,
Pies <[email protected]> wrote:
> I am thinking of moving to New York. Can anyone tell me how much income tax I can
> expect to be charged? Are there Tax bands as per the UK?
If you do as a non-immigrant, save all your receipts that are potentially
tex-deductible. Non-immigrants aren't allowed the sandard deduction - you have to
itemise everything.
Pies <[email protected]> wrote:
> I am thinking of moving to New York. Can anyone tell me how much income tax I can
> expect to be charged? Are there Tax bands as per the UK?
If you do as a non-immigrant, save all your receipts that are potentially
tex-deductible. Non-immigrants aren't allowed the sandard deduction - you have to
itemise everything.
Jul 23rd 2002, 8:20 pm
#12
Guest
Posts: n/a
Re: How much tax???
Some people hold dual citizenships. Some have special skills. Some maybe sent there
by their home company.
"Scottish Quilter" <[email protected]> wrote in message
news:[email protected]...
> On 22 Jul 2002 14:20:34 GMT, Pies <[email protected]> wrote:
>
> >I am thinking of moving to New York. Can anyone tell me how much income tax I can
> >expect to be charged? Are there Tax bands as per the UK?
> >
> >Any help much appreciated,
> >
> >Thanks,
> >
> >
> >
> >--
> >
> Love to know how you are going to get a work permit just like that! It is
> extremely difficult! My daughter is always having to get hers re-newed every three
> yrs and it is not always automatic,and they tell her it will take 4 yrs at least
> to get a green card and many thousands of dollars for the lawyers fees! I often
> wonder how other people just seem to swan off to the States to live and she has
> such a hassle! Elma in Glasgow, Scotland, UK (Remove spex to reply by email)
by their home company.
"Scottish Quilter" <[email protected]> wrote in message
news:[email protected]...
> On 22 Jul 2002 14:20:34 GMT, Pies <[email protected]> wrote:
>
> >I am thinking of moving to New York. Can anyone tell me how much income tax I can
> >expect to be charged? Are there Tax bands as per the UK?
> >
> >Any help much appreciated,
> >
> >Thanks,
> >
> >
> >
> >--
> >
> Love to know how you are going to get a work permit just like that! It is
> extremely difficult! My daughter is always having to get hers re-newed every three
> yrs and it is not always automatic,and they tell her it will take 4 yrs at least
> to get a green card and many thousands of dollars for the lawyers fees! I often
> wonder how other people just seem to swan off to the States to live and she has
> such a hassle! Elma in Glasgow, Scotland, UK (Remove spex to reply by email)
Jul 24th 2002, 2:20 am
#13
Guest
Posts: n/a
Re: How much tax???
In article <[email protected] >, [email protected] says...
> Unless you're a multi-zillionaire, taxes should be among the least of your
> considerations on a move.
Not necessarily. Last year I had an opportunity to move to Oregon (which has no
sales tax) from Washington (which has no income tax). Even though I'm not a
"multi-zillionaire," taxes were a consideration. Not the primary one, but not
trivial either.
If I wanted to pay income tax, I would move to one of the 43 states that have one.
===
Steve Shoreline, Washington USA [email protected] 23 Jul 2002, 1751 PDT
> Unless you're a multi-zillionaire, taxes should be among the least of your
> considerations on a move.
Not necessarily. Last year I had an opportunity to move to Oregon (which has no
sales tax) from Washington (which has no income tax). Even though I'm not a
"multi-zillionaire," taxes were a consideration. Not the primary one, but not
trivial either.
If I wanted to pay income tax, I would move to one of the 43 states that have one.
===
Steve Shoreline, Washington USA [email protected] 23 Jul 2002, 1751 PDT
Jul 25th 2002, 7:20 pm
#14
Guest
Posts: n/a
Re: How much tax???
On Wed, 24 Jul 2002 17:47:32 GMT, [email protected] (Miguel Cruz) wrote:
>Scottish Quilter <[email protected]> wrote:
>> Love to know how you are going to get a work permit just like that! It is
>> extremely difficult! My daughter is always having to get hers re-newed every three
>> yrs and it is not always automatic,and they tell her it will take 4 yrs at least
>> to get a green card and many thousands of dollars for the lawyers fees! I often
>> wonder how other people just seem to swan off to the States to live and she has
>> such a hassle!
>
>Their employers pay for the lawyers; all they have to do is sign forms once
>in a while.
>
>miguel
>--
Well, my daughter's doesn't, she has to pay the lawyers fees herself! Elma in
Glasgow, Scotland, UK (Remove spex to reply by email)
>Scottish Quilter <[email protected]> wrote:
>> Love to know how you are going to get a work permit just like that! It is
>> extremely difficult! My daughter is always having to get hers re-newed every three
>> yrs and it is not always automatic,and they tell her it will take 4 yrs at least
>> to get a green card and many thousands of dollars for the lawyers fees! I often
>> wonder how other people just seem to swan off to the States to live and she has
>> such a hassle!
>
>Their employers pay for the lawyers; all they have to do is sign forms once
>in a while.
>
>miguel
>--
Well, my daughter's doesn't, she has to pay the lawyers fees herself! Elma in
Glasgow, Scotland, UK (Remove spex to reply by email)
Jul 26th 2002, 8:39 am
#15
Just Joined
Thread Starter
Joined: Jul 2002
Posts: 6
Re: How much tax???
Company sponsorship so hassle removed as much as possible anyway... still takes time etc. Helps also if you are married to a Yank!