Sunday, January 17, 2010

Does teenagers under 18 get taxed from their pay checks if they have a part time job?

my friend and i have a little dispute so im just trying to figure out if u do get taxed if ur getting a part time job under 18Does teenagers under 18 get taxed from their pay checks if they have a part time job?
yes, of course. look over your pay stubs next pay check and you'll see all the different things they take out for and exactly how much. :)Does teenagers under 18 get taxed from their pay checks if they have a part time job?
This depends entirely on how much you earn and what your tax code is with your employer.





Don't pay tax:


- If you earn less than 拢6,475 over the course of the year (or a proportion thereof if you are taxed on a weekly basis)


Do pay tax


- If you earn more than 拢6,475 over the course of the year (or a proportion thereof if you are taxed on a weekly or monthly basis)





The one exception is if your tax code is BR (Basic Rate). You will be taxed on 20% on all earnings and have to claim a refund at the end of the year.
Yes........your income is taxable........they may not do it but it is taxable.......

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