FIND THE ANSWERS

Do I have to pay income tax (16 year old)?

Answer this question

  • Do I have to pay income tax (16 year old)?


Answers

Answer #1 | 30/04 2013 15:53
If u have a true job
Positive: 95 %
Answer #2 | 30/04 2013 15:54
It all depends on how much you are being paid as you can earn so much before having to pay tax on your earnings.
Positive: 89 %
Answer #3 | 30/04 2013 16:12
I don't think that you will be earning enough to reach the income level to start paying tax. http://www.citizensinformation.ie/en/money_and_tax/tax/ income_tax/how_your_tax_is_calculated.html
Positive: 69 %
Answer #4 | 30/04 2013 23:26
Paying income tax depends on your income not your age. If you earn more than the tax free allowance in any tax year you will pay tax. If you are working for just a short time in the tax year it is unlikely that you will earn more than the tax free allowance so if tax is deducted you will be able to claim it back.
Positive: 37 %

Possible answer

If the child does not pay the tax due on this income, ... child do not have the same tax year, ... on line 16. This is the child's tax figured at ...
Read more
Positive: 95 %
Read up how to pay your income tax due online. ... Step by step guide on how to pay Income Tax that is due. 1. ... Situations when you have to pay advance tax:
Read more
Positive: 90 %
How to File Your Child's First Income Tax Return ... children who do not expect to owe any income tax can ... file the appropriate tax returns, and pay ...
Read more
Positive: 76 %
How much tax does a 16 year old pay? ... understatedmnet income for the year is overstated? I have a 30 year saving bond ... Do 16 year olds pay tax and ...
Read more
Positive: 53 %

Show more results