BIR On-Line Tax Calculator

[Bareback]

For anyone who is interested, the Ministry of Finance/ Board of In-Land Revenue has on their website an online tax calculator which allows you to complete your taxes in easy to follow terms, save the file and print the pages you need.

http://www.ird.gov.tt/taxcalc/default.aspx?yor=2012

Took 5 minutes to complete once you have your documents and figures ready.

[VexXx Dogg]

That is awesome!
Saw it was developed by Illuminat, but I wonder why they didnt use secure http, considering the kind of info you'll be entering...

[Rajakiya]

Thanks I have some outstanding returns to file, this will help.

[Bobby~d]

Great info there. Have to file for the last two years.


Sent from my iPhone 4s using TriniTuner mobile app

[Dizzy28]

I get the paper form every year but only ever use this online system. Much more efficient IMO.

[Sacchetto Boutique]

Nice! thanks!

[moti]

once you have one form of income (employers income) you are not obligated to file.

[Sacchetto Boutique]

^explain this....heard it before but need some clarity. I never filed before

[moti]

from my understanding, once you working for a registered company and they deduct PAYE and your only form of income is from said employer then they are responsible for paying "tax" on your behalf.

this means that if they frig up and deduct less, that's their problem.
never found out what happens if they deduct more

i don't usually understand much so i can be wrong

[kg494EJ-1]

from my understanding, once you working for a registered company and they deduct PAYE and your only form of income is from said employer then they are responsible for paying "tax" on your behalf.

this means that if they frig up and deduct less, that's their problem.
never found out what happens if they deduct more

i don't usually understand much so i can be wrong

I'm not a tax expert but are you sure, happened to me last year and I had to pay out of pocket, put a dent in my swap fund

[VexXx Dogg]

@Moti

nope if the company filed wrong, you still have to pay.
They might pay on your behalf to avoid you getting hit with the lump sum, but may spread it over the course of the year as a salary deduction.

[kg494EJ-1]

@Moti

nope if the company filed wrong, you still have to pay.
They might pay on your behalf to avoid you getting hit with the lump sum, but may spread it over the course of the year as a salary deduction.

That's what I thought, I paid the lump sum didn't like the taught of owing the Government.

[Sacchetto Boutique]

@Moti

nope if the company filed wrong, you still have to pay.
They might pay on your behalf to avoid you getting hit with the lump sum, but may spread it over the course of the year as a salary deduction.

That's what I thought, I paid the lump sum didn't like the taught of owing the Government.

OK so the company will file it on the excess of tt$60k right?

[redmanjp]

That is awesome!
Saw it was developed by Illuminat, but I wonder why they didnt use secure http, considering the kind of info you'll be entering...

yeah- someone could run wireshark or something and collect dat info-

[Daran]

That is awesome!
Saw it was developed by Illuminat, but I wonder why they didnt use secure http, considering the kind of info you'll be entering...

yeah- someone could run wireshark or something and collect dat info-

agreed, at least make it more secure.

[moti]

@Moti

nope if the company filed wrong, you still have to pay.
They might pay on your behalf to avoid you getting hit with the lump sum, but may spread it over the course of the year as a salary deduction.

when you are represented by a union they can't

they tried that shot with me when their "system" malfunctioned
called the union and the accountant was told that they must pay the balance of funds owed and that i cannot be responsible for their error.

they paid, i gained

[moti]

Union: SWWTU

[Sky]

That is awesome!
Saw it was developed by Illuminat, but I wonder why they didnt use secure http, considering the kind of info you'll be entering...

Because they're Illuminat....

[pioneer]

not many chunas make over 60k a year anyhow

Those who do should file their returns especially if you started paying an annuity/purchased house/alimony/payin chile mudda etc