The Pressure is ON!

[Maria_2300]

Good luck to you Singkit. I know you can do it girl. Just have faith in yourself, think positively and trust GOD. Everything will be fine for you...

[singkit]

Thanks everyone for your encouragement. I needed it Well if there's anyone here knows about this thing that bothers me. You see, I don't mind calculation or anything related to this. Been many times to that as I studied Accounting in the Philippines. It's how the ENGLISH PHRASE was presented in the problem. Well...I am not English proficient and I want somebody who's familiar with filing up form P11 to help me understand this phrase:
with effect from week 49

The whole sentence was used this way:

Mr. Brown is using Tax code 503L and is paid on a week 1 basis for weeks 47 and 48. You are advised by HMRC that code 256L is his new tax code. You apply his new tax code (with effect from week 49) in week 50.

My question is what tax code should I use for week 49?
Why would they just say apply new code from week 49 and use this phrase inside the parenthesis?

I've been thinking to use the new code in week 49 and so on. But am not so sure about it. Thus, I posted this rant.

Can someone advise me please?

[andypaul]

Thanks everyone for your encouragement. I needed it Well if there's anyone here knows about this thing that bothers me. You see, I don't mind calculation or anything related to this. Been many times to that as I studied Accounting in the Philippines. It's how the ENGLISH PHRASE was presented in the problem. Well...I am not English proficient and I want somebody who's familiar with filing up form P11 to help me understand this phrase:
with effect from week 49

The whole sentence was used this way:

Mr. Brown is using Tax code 503L and is paid on a week 1 basis for weeks 47 and 48. You are advised by HMRC that code 256L is his new tax code. You apply his new tax code (with effect from week 49) in week 50.

My question is what tax code should I use for week 49?
Why would they just say apply new code from week 49 and use this phrase inside the parenthesis?

I've been thinking to use the new code in week 49 and so on. But am not so sure about it. Thus, I posted this rant.

Can someone advise me please?

pass

[singkit]

pass

that's a relief atleast I knew I'm not alone...I guess it's true that I bit off more than I can chew

[ervenescence]

that's a relief atleast I knew I'm not alone...I guess it's true that I bit off more than I can chew

Singkit just think that others can do it, and why can't you? Courage and determination is the key. Goodluck

btw, i like the photoslide in your friendster.

[andypaul]

that's a relief atleast I knew I'm not alone...I guess it's true that I bit off more than I can chew

Your be fine and im sure soon your be worrying about the next professional exam you have to take for your promotion at your workplace.

I seem to spend most of my life now revising for exams (when we are not sorting out the Wifes various visas) or taking them for work.

Good luck

[singkit]

Hello guys and gals...my family. Thanks for the encouragement you're giving right now. I really need it. Am still workng on it. At the moment I have only 2 tasks left to complete my final exam. Whew My only break is to be online and check this site. I've been catching up my readings but every time i log in there are thousands of new posts since my last visit. So forgive me if I post or reply to topics that are now settled and talked about for good. I hate it when I'm left behind on what's happening here...like I said before this forum is addictive...even in the middle of my exams, I'm checking on you Well...got to go back to my work.Thanks prof Alan and Maria...I'm thinking positively now...I get by. Mrs.Daddy, Mich, AndyPaul, Mach, Penny, BaboyAko, ItsmeIye...all of you...thanks very much!

[Maria_2300]

Thanks prof Alan and Maria...I'm thinking positively now...

You are welcome singkit. Just stay positive and a good future awaits you .

[baboyako]

Thanks everyone for your encouragement. I needed it Well if there's anyone here knows about this thing that bothers me. You see, I don't mind calculation or anything related to this. Been many times to that as I studied Accounting in the Philippines. It's how the ENGLISH PHRASE was presented in the problem. Well...I am not English proficient and I want somebody who's familiar with filing up form P11 to help me understand this phrase:
with effect from week 49

The whole sentence was used this way:

Mr. Brown is using Tax code 503L and is paid on a week 1 basis for weeks 47 and 48. You are advised by HMRC that code 256L is his new tax code. You apply his new tax code (with effect from week 49) in week 50.

My question is what tax code should I use for week 49?
Why would they just say apply new code from week 49 and use this phrase inside the parenthesis?

I've been thinking to use the new code in week 49 and so on. But am not so sure about it. Thus, I posted this rant.

Can someone advise me please?

I think 503L is an emergency tax code, so you pay tax on what you earn that week. When you move onto a real code, you probably shift to a week behind (hence stuff about week 53).

http://www.revenue.ie/index.htm?/rev...ekonebasis.htm

I do quarterly NIC/Tax so am just guessing

[singkit]

I think 503L is an emergency tax code, so you pay tax on what you earn that week. When you move onto a real code, you probably shift to a week behind (hence stuff about week 53).

http://www.revenue.ie/index.htm?/rev...ekonebasis.htm

I do quarterly NIC/Tax so am just guessing

Hi, Baboyako You're just right about 503L as an emergency code. That's a personal tax allowance used for tax year 2006-2007. That means your first £5035 free of tax which is deducted from your Gross Earnings. The rest of the amount is the one taxable. Thanks for the help...You all made me feel comfortable in the midst of brain draining exams

[singkit]

Good luck to you Singkit. I know you can do it girl. Just have faith in yourself, think positively and trust GOD. Everything will be fine for you...

Hey, Maria...Am glad you're back...Nice to have you here in this forum and so as Alan...the teacher.

[Alan]

Good luck to you Singkit. I know you can do it girl. Just have faith in yourself, think positively and trust GOD. Everything will be fine for you...

I agree with Maria here. When I am teaching my students how to pass exams I emphasise the power of positive thought.
Psychology, although a social science, is a real weapon. I shall explain it further if you wish.
Good luck and God bless.

Al.