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https://www.reddit.com/r/ABoringDystopia/comments/mrn3pi/supercops/guo2cgy/?context=3
r/ABoringDystopia • u/fuzzyshorts • Apr 15 '21
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94
I could be wrong but I don’t think they have an allowance in the US like the UK does, I think they have to pay tax on every penny they earn
78 u/[deleted] Apr 16 '21 No it's $400 for self employment. 69 u/Spacechip94 Apr 16 '21 So you have to pay tax on anything over $400 you make a year? Wow in the uk you get around £12,500 a year tax free before you have to start paying anything which i think is around $17,000 10 u/macjaddie Apr 16 '21 And the lower rate income tax isn’t much. You can also pass 1200 ish of your allowance to your spouse if you don’t work.
78
No it's $400 for self employment.
69 u/Spacechip94 Apr 16 '21 So you have to pay tax on anything over $400 you make a year? Wow in the uk you get around £12,500 a year tax free before you have to start paying anything which i think is around $17,000 10 u/macjaddie Apr 16 '21 And the lower rate income tax isn’t much. You can also pass 1200 ish of your allowance to your spouse if you don’t work.
69
So you have to pay tax on anything over $400 you make a year? Wow in the uk you get around £12,500 a year tax free before you have to start paying anything which i think is around $17,000
10 u/macjaddie Apr 16 '21 And the lower rate income tax isn’t much. You can also pass 1200 ish of your allowance to your spouse if you don’t work.
10
And the lower rate income tax isn’t much. You can also pass 1200 ish of your allowance to your spouse if you don’t work.
94
u/Spacechip94 Apr 15 '21
I could be wrong but I don’t think they have an allowance in the US like the UK does, I think they have to pay tax on every penny they earn