Re: Week Numbers for Tax Year



Rick Rothstein wrote:

Alright, so I am confused now.<g> Can you spell out what criteria you want
to govern when Tax Week 1 occurs (in general, not for just this year)? It
looks like you (well, I should say you client) wants it to be the full
calendar week that contains April 1st (not April 6th)... is that correct?
What does your client consider a calendar week... Sunday to Saturday or
Monday to Sunday? Does the ISO Thursday Rule factor into the week
numbering when using the April 1st Rule that your client appears to use?

You're confused? Me too! :-)

Today I spoke with my client who insisted they use Tax Year week numbers to
the IR rules.

They then came back to me to say they got it wrong this year and had week 1
(2007-08), where they should have had week 53 (2006-07). They assure me
they will get it right next year!

I shall simply use the IR Tax Year week formula with a +1 correction for
this year and next year the unaltered formula should be fine.

Thanks to you and everyone else for the useful input.
--
Mike
-Please remove 'safetycatch' from email address before firing off your
reply-


.



Relevant Pages

  • Re: Camerons Unemployment Knowledge
    ... For the normal taxpayer, it will be the tax allowances ... "Parts of Britain are now almost wholly dependent on the state. ... you may follow up more if you care....look under 'client state' etc ... more for sickness than unemployment, more if you are a lone parent or ...
    (uk.politics.misc)
  • Re: Do DIRECT TAXES still require APPORTIONMENT?
    ... > REC-ATT, 31 CFR §10.34, Standards for advising with respect to tax return ... > positions and for preparing or signing returns.-- ... > return as a preparer if the practitioner determines that the tax return ... A practitioner may not advise a client to take a position ...
    (misc.taxes)
  • Re: Any bets?
    ... They quite rightly regard this as an ... One of the scams that HMRC are clamping down on is so called "self-employed" people who trade as a limited company, are an employee of that company, pay themselves a nominal salary and then draw dividends, while dodging large amounts to tax and NI. ... Working for one client can be a serious block to self employed status. ...
    (uk.rec.naturist)
  • Re: 90-Day Letter: Whether to Sign Waiver
    ... We have a client who got a 90-day letter, ... Tax Court: assessment, immediate forcible collection, no court review ...
    (misc.taxes)
  • Re: The 9 weirdest tax write-offs
    ... >>They're just three of the more ingenious tax deductions that creative ... >>Then there was the client who approached Manhattan CPA Marc Albaum ...
    (sci.med.dentistry)