View Single Post
  #4  
Old 02.04.2008, 12:37
Shorrick Mk2 Shorrick Mk2 is online now
Forum Legend
 
Join Date: Jan 2007
Location: Geneva
Posts: 5,111
Groaned at 107 Times in 94 Posts
Thanked 2,764 Times in 1,476 Posts
Shorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond repute
Re: Tax calculation for Working married couples

Quote:
View Post

What's meant by correction here - we need to pay more or will get some refund!

Thanks!!
It's corrected using the B rate (adjusted for the number of children). Considering the B rate is lower than the A rate you should then get a refund... unless the combined income for the spouses bumps you in a different tax bracket and you then need to pay the difference

Without figures no one could really answer your question accurately...

Last edited by Shorrick Mk2; 02.04.2008 at 12:40. Reason: Slow brain today.
Reply With Quote