Just done a quick calculation
#1
Wurzel turned redneck
Thread Starter
Joined: Feb 2003
Location: Columbia, SC (was Bristol, Wessex)
Posts: 363
Just done a quick calculation
From my latest payslip: taxes deducted from my basic pay = 16.8%
From my last payslip before I left England: taxes deducted from my basic pay = 18.5%
Nice to know that not having an NHS or any other public services to speak of has brought me such a huge frigging tax cut. Whoo-hoo, that means nearly $15 more in each paycheck! I'll have to celebrate my economic freedom by going out to dinner. On my own.
From my last payslip before I left England: taxes deducted from my basic pay = 18.5%
Nice to know that not having an NHS or any other public services to speak of has brought me such a huge frigging tax cut. Whoo-hoo, that means nearly $15 more in each paycheck! I'll have to celebrate my economic freedom by going out to dinner. On my own.
#2
Lost in BE Cyberspace
Joined: Oct 2003
Posts: 22,105
Re: Just done a quick calculation
Originally Posted by nxylas
From my latest payslip: taxes deducted from my basic pay = 16.8%
From my last payslip before I left England: taxes deducted from my basic pay = 18.5%
Nice to know that not having an NHS or any other public services to speak of has brought me such a huge frigging tax cut. Whoo-hoo, that means nearly $15 more in each paycheck! I'll have to celebrate my economic freedom by going out to dinner. On my own.
From my last payslip before I left England: taxes deducted from my basic pay = 18.5%
Nice to know that not having an NHS or any other public services to speak of has brought me such a huge frigging tax cut. Whoo-hoo, that means nearly $15 more in each paycheck! I'll have to celebrate my economic freedom by going out to dinner. On my own.
#3
Re: Just done a quick calculation
Originally Posted by nxylas
... I'll have to celebrate my economic freedom by going out to dinner. On my own.
#4
Re: Just done a quick calculation
Originally Posted by nxylas
I'll have to celebrate my economic freedom by going out to dinner. On my own.
#5
Professional Mover
Joined: Apr 2003
Location: Derry, NH Via Salem, NH via Ma, NC, ex Manchester, UK.
Posts: 670
Re: Just done a quick calculation
Originally Posted by nxylas
From my latest payslip: taxes deducted from my basic pay = 16.8%
From my last payslip before I left England: taxes deducted from my basic pay = 18.5%
Nice to know that not having an NHS or any other public services to speak of has brought me such a huge frigging tax cut. Whoo-hoo, that means nearly $15 more in each paycheck! I'll have to celebrate my economic freedom by going out to dinner. On my own.
From my last payslip before I left England: taxes deducted from my basic pay = 18.5%
Nice to know that not having an NHS or any other public services to speak of has brought me such a huge frigging tax cut. Whoo-hoo, that means nearly $15 more in each paycheck! I'll have to celebrate my economic freedom by going out to dinner. On my own.
#6
Re: Just done a quick calculation
Originally Posted by Bob
just make sure you don't break a leg on the way
only 16 %? my hubby's had over 25% taken out!!, time to see a professional maybe?
#7
Re: Just done a quick calculation
Both my wife and I lose 32.4% each a month in State Tax, Federal Tax, Medicare and OASDI.
I have no kids, use no services, pay my own healthcare and as my wife doesn't have a green card we don't get married persons tax credit either.
In the UK I lost way way way less and got free healthcare, America is a joke. A perfect example of society gone wrong.
I have no kids, use no services, pay my own healthcare and as my wife doesn't have a green card we don't get married persons tax credit either.
In the UK I lost way way way less and got free healthcare, America is a joke. A perfect example of society gone wrong.
#8
Re: Just done a quick calculation
Blimey I paid shed loads more in income tax when I was in England.
I see you're in HH. My mum and dad have a place on Sea Pines. One of my fav spots in America.
I see you're in HH. My mum and dad have a place on Sea Pines. One of my fav spots in America.
#9
Re: Just done a quick calculation
Originally Posted by immunise
Both my wife and I lose 32.4% each a month in State Tax, Federal Tax, Medicare and OASDI.
I have no kids, use no services, pay my own healthcare and as my wife doesn't have a green card we don't get married persons tax credit either.
In the UK I lost way way way less and got free healthcare, America is a joke. A perfect example of society gone wrong.
I have no kids, use no services, pay my own healthcare and as my wife doesn't have a green card we don't get married persons tax credit either.
In the UK I lost way way way less and got free healthcare, America is a joke. A perfect example of society gone wrong.
#10
Re: Just done a quick calculation
Originally Posted by candy wy.
what does a green card have to do with married persons tax credit????????
#11
Re: Just done a quick calculation
Originally Posted by immunise
I am Perm resident, my wife is not. On the W4 it states that if spouse is not Citizen or perm resident you cannot claim for married persons deduction!
hmmm, unless your wife is here on VWP then she's a perm resident... I'm assuming she has a companion VISA... H4 etc?
best thing to do is ask a tax lawyer...
oh... and I'm on a H1B, wife was on H4.. and I claim for her
#12
Re: Just done a quick calculation
Originally Posted by USBound
hmmm, unless your wife is here on VWP then she's a perm resident... I'm assuming she has a companion VISA... H4 etc?
best thing to do is ask a tax lawyer...
oh... and I'm on a H1B, wife was on H4.. and I claim for her
best thing to do is ask a tax lawyer...
oh... and I'm on a H1B, wife was on H4.. and I claim for her
i thought this was the case as i was under the impression that you can claim even if your spouse is not in the us.
Last edited by candy wy.; Dec 24th 2004 at 6:17 am.
#13
BE Enthusiast
Joined: Oct 2002
Location: Connecticut
Posts: 920
Re: Just done a quick calculation
For tax purposes your wife is a permanent resident if she has a visa to be here, and therefore you do claim for her.
Make sure you do adjustments for past tax returns. You will be owed money if you haven't claimed for her before.
Make sure you do adjustments for past tax returns. You will be owed money if you haven't claimed for her before.
#14
Re: Just done a quick calculation
I'm in the great white north (Ontario Canada), with state provided health care, and reasonable welfare provisions (and lots of snow clearance service). Over the year, before making any deductions, my bottom line tax and insurance provision is 26.9% of my pay check (thats on an "average" middle income amount), but Ill get some back after filing the return.
Food for thought! Merry Christmas
Iain
Food for thought! Merry Christmas
Iain
Last edited by iaink; Dec 24th 2004 at 2:21 pm.
#15
Wurzel turned redneck
Thread Starter
Joined: Feb 2003
Location: Columbia, SC (was Bristol, Wessex)
Posts: 363
Re: Just done a quick calculation
Originally Posted by Celtic_Angel
only 16 %? my hubby's had over 25% taken out!!, time to see a professional maybe?