Help Needed with my Tax 2009 Amount i need to pay

Discussion in 'General Business' started by simon2008, Mar 20, 2009.

0
  1. #1
    Hi, its my first time doing a tax return this year,
    started my business in july 08, i have all my records but i am trying to find out how much im expected to pay this year, i have made roughly £8000 this year, i have used my free tax because i also work part time, am i correct in thinking my tax will be Roughly £1800 ? any help would be really appreciated

    thanks simon
     
    simon2008, Mar 20, 2009 IP
  2. alex288288

    alex288288 Well-Known Member

    Messages:
    737
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    130
    #2
    i would recoomend getting this evaluated at either a local Tax audit , or if you have one locally H&R Block, OR you can google for some actual sites that are dedicated to tax returns :p
     
    alex288288, Mar 21, 2009 IP
  3. JonnyQ

    JonnyQ Peon

    Messages:
    22
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    In the US you take your Gross Sales Receipts DEDUCT all allowable
    expenses which will then be your Adjusted Gross Income, :)then
    use the Tax Tables to see what you MIGHT owe.

    Simple but of course complicated.

    JQ
     
    JonnyQ, Mar 21, 2009 IP