Contributing 

How do I check my wages revenue?

Leia Doyle

How do I check my wages revenue?

How to access the service

  1. Click on ‘Manage your tax 2019’ link in the PAYE Services card on the myAccount home page.
  2. Click on the ‘View’ link next to the job or pension you wish to view.
  3. Your payroll details for the year to date will be displayed here.

What is employment code box 29 on t4?

If you are paying amounts to placement or employment agency workers, taxi drivers or drivers of other passenger-carrying vehicles, barbers or hairdressers, or fishers (self-employed), go to Box 29.

Do you have to report all wages?

Yes, unless the income is considered a gift, you need to report all income that is subject to US taxation on your tax return. The $600 limit is just the IRS requirement for Form 1099-MISC to be considered necessary to file by the payer. This income will not be subject to self-employment taxes.

How do you claim tax back on revenue?

Claiming for previous years

  1. Sign in to myAccount.
  2. Click on ‘Review your tax’ link in PAYE Services.
  3. Request ‘Statement of Liability’
  4. Click on ‘Complete Income Tax Return’
  5. Select ‘Maintenance Payments Made’ in the Tax Credits and Reliefs page and add the credit.
  6. Complete and submit the form.

What is the difference between wages tips and Social Security wages?

Box 1 (Wages, Tips and Other Compensation) represents the amount of compensation taxable for federal income tax purposes while box 3 (Social Security Wages) represents the portion taxable for social security purposes and box 5 (Medicare Wages) represents the portion taxable for Medicare tax purposes.

How much PAYE tax do I pay?

You pay 0% on any earnings up to £12,500. You pay 20% on anything between £12,501 – £50,000. You pay 40% on earnings between £50,001 – £150,000. You pay 45% on anything you earn over £150,001.

How long does it take revenue to pay tax back?

Refunds will be issued within five working days unless the claim is selected for further checking. Queries through MyEnquiries will be dealt with within 20 working days and 25 working days during peak periods. Electronic tax clearance will be granted immediately where a taxpayer’s tax affairs are up-to-date.