2
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1answer
38 views

How is national insurance deductions calculated in the UK?

I understand that in the UK national insurance is a deduction made to your salary. I have seen this question/answer, that lists 2 very good websites that breakdown your take home pay for UK residents. ...
0
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1answer
84 views

US: personal income tax calculations and other costs

If an individual has an annual salary of US$150K in Silicon Valley as a software engineer from his/her job, how much would this individual take home (cash)? If said individual has to also take into ...
-1
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1answer
400 views

$100k salary to the amount in pocket breakdown

Looking into the job market as an engineer with several years of experience (for example), it appears salaries are in the $70-110k range, so let's look at a "$100k/year" salary. Help me break down the ...
7
votes
4answers
378 views

Should I negotiate a lower salary to be placed in a lower tax bracket?

I'm about to start the negotiation process for a new position. I expect the offer to be in the area of $72,000 - 76,000 / year. If the offer is higher than $73,800 should I negotiate to have my ...
2
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1answer
236 views

Difference between Fortnightly and Monthly pay

I used to get paid monthly at base salary of 48k. I have recently changed my job and getting paid fortnightly with a base salary of 50k I did some calculation and found out that if I get paid monthly ...
1
vote
1answer
232 views

How exactly does France's “rich tax” / “millionaire tax” of 75% above 1 million euros salary work?

Can someone explain how the French "rich tax" works? If I had salary of 1.000.000€ per annum, would I pay 750.000€ tax? And thus I would realize only 250.000€ net income?
1
vote
2answers
400 views

American taxes if living outside the US and get paid by US company on a US bank account

I live outside the States, I'm not American and I'm going to be paid by an American company on my personal American bank account: it's headed to me, as a physical person. I'm obviously going to pay ...
2
votes
2answers
436 views

What is my take home salary in Chicago for 110K annual?

What will be my take home salary in Chicago if I file as married jointly and I have no children. I am the only income earner. What is the effective tax rate and how much federal/state allowances do I ...
1
vote
1answer
401 views

Received W2 but was never paid

I just now received W2 from a company that i worked for 3 days as a contractor. I had to leave country for 2 months due to family emergency. Since the employment duration was very short, i was not ...
8
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1answer
542 views

Calculate Income Tax amount of UK Salary

I've recently been trying to calculate different take home amounts from different salaries, and have ended up getting confused over how the different tax brackets work. If I try to calculate the ...
53
votes
18answers
6k views

Why would you ever turn down a raise in salary?

Related to a comment on this question: http://www.basicallymoney.com/questions/1256/is-it-true-that-income-tax-was-created-to-finance-troops-for-world-war-i Does it ever make financial sense to turn ...