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The current rates (as at June 2007) are 10% for small employers [9] and 14% for larger employers. 8% of the total remuneration is deduction from the employee, the remainder of the liability is met by the employer. The first US$10,000 of remuneration are free from payroll tax.
Pretax - payroll deductions made before tax liabilities are calculated. Qualified transportation fringes - used in tax legislation to refer to benefits for transit, vanpool, and qualified parking expenses.
Taxpayers can apply a few tax deductions, such as a deduction for a child (starting at approx. 600EUR annually in 2021), for being a student (approx. 160EUR in 2021), for a dependent spouse (approx. 1000EUR in 2021) and more.
Payroll deduction from your employer, Payment by EFTPS, Payment by credit card via phone or internet, Payment via check or money order, Payment with cash at a retail partner. If you owe back...
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Standard deduction increases are: Up 7 percent to $27,000, up from $25,900 in the current tax year, for married couples.
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