What's national income?

Let’s learn what's national income. The most accurate or helpful solution is served by economicsonline.co.uk.

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National income - Economics Online

National income. National income is the total value a country’s final output of all new goods and services produced in one year. Understanding how national ...

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Oh what is income tax and National Insurance? Whats this for?

If I was earning £14000 a year how much would I get monthly after income tax and National Insurance? Would I still haave to pay council tax on top of this? I'm a single guy soon to be living on my own.

Answer:

well i get about £1,100 monthly after tax,etc. i have to pay £90 per month on council tax...

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Whats income tax, national insurance and VAT?

I am doing a presentation in school so they don't need to be very long I just need a good explanation for what Income Tax, National Insurance and VAT are. really don't ...show more

Answer:

Income tax is charged on your income, duh! (I'm not trying to be rude, just to add a little fun!) So...

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Whats "Low income" bracket for a family of 4?Ontario Canada 2008 income tax?

I have a family of 4 two adults and two toddlers. I know that Low income family are subject to deductions, and eligible to claim a portion of rental payments. Can you tell whats low income? I though it was under 35,000 a year, but i have found no answer...

Answer:

You will need to calculate your taxes. The benefits etc., depend on lots of things, including income...

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Whats the difference between filing 1099g and business income on my tax return?

1040 ,is there a difference when filing my earned income from 1099g or just file my income as just business income,from self employment income

Answer:

1099 G is the taxable refund from your previous years tax return. And also the payment you received...

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The IRS detected that one of the dependents was already claimed on my income tax return, whats next?

I claimed two dependants on my income tax return, and my income taxes got filed, I got a call, and was told to contact the company as soon as possible to straighten ou because the IRS rejected my income tax return cause one of the dependents was already...

Answer:

Your return must be filed by mail to claim the dependent. Attach a copy of the reject notification to...

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Whats the income tax rate in Alberta, Canada?

Just wondering about what the income tax is on certain income brackets? I'm looking more into the lower end of income; so under 25k? I, sadly as a struggling student, make anywhere from 10k-15k so what can I expect to get taxed on that? Anyone care to...

Answer:

It depends on how often you are paid, and what you take home each pay period. The tables are designed...

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In canada whats considered a good household income?

In canada whats considered a good household income? I was working out the numbers and if I add all the incomes in my house it comes to just under 140k, a Little over 100k after taxes. is this considered a good household income. (btw im not the "...

Answer:

Depends on the province, on avg, 90K for family of 4.

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Whats the difference between a periodic and perpetual balance sheet and income statement?

I'm writing a small test tomorrow and my professor said there will be a small test on making on a few things including either making a classified balance sheet (perpetual or periodic)) and a classified income statement (perpetual or periodic) I know...

Answer:

Perpetual or periodic are ways of taking inventory, not types of balance sheets or income statements...

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Whats a rough idea what I will be getting back for income tax?

1st I'm canadian......employment income...35, 525 income tax deducted...6,771 cpp deducted...1,695 ei deducted....614 other taxable allowances and benefits....1,339 I was just wondering if I'd be getting a refund or I will have to pay in...if a refund...

Answer:

It depends on what province you live in. They all have different tax rates. As a rough estimate, you...

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