How does it work in the UK? In the US we have this neat system where (unless you're a single person on a single income with no assets) people with no training have to send in Phd dissertation-stacks of various tax documents. The IRS, which apparently already knows how much people 'owe' will send then said people crippling bills, and if they can't pay them their house and property will be seized. Oh, and the IRS now hires men with guns (as does the EPA, and NASA, etc) just in case anyone feels like giving them what they deserve, which is a broken nose and a swift kick to the family jewels.
You know, I'm not exactly sure. My company paid me & the tax was removed from source. I got the rest in my paycheque. The only people who have to regularly fill out any kind of tax form are self-employed people. A friend of mine had to fill out one recently - but only on the money from some investments. His regular paycheque again had tax taken out at source. It seems a MUCH better way - plus no messing about with rebates every year. All of the hard work is done between your employer & the Tax Office.
I'm about ready to move to the UK... you don't have to do your own taxes, you get a month of PTO a year, and there's healthcare to fall back on. That's apart from all the art and history in abundance!
Oh, we most definitely have a LOT of art & history here. OK, some of the art was stolen from other countries but still....
If you work for someone else they do your taxes for you (I believe), I used to get 32 days paid leave from my last job - plus National Holidays of course - and the NHS is amazing if overworked and under resourced (as we're finding out with the nurses presently on strike).
Hmmm, in Germany, you won't have to do your taxes if you are employed but in most cases, it is well worth it. There are so many expenses that you can get back and when you are married and one partner earns less than the other, you better do your tax or you cheat yourself out of a tax return.
It's certainly good to know what your allowances are and the tax breaks you can get for various reasons - being a carer for instance or having young children. It often takes a bit of digging around on Government websites but its worth it!
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How does it work in the UK? In the US we have this neat system where (unless you're a single person on a single income with no assets) people with no training have to send in Phd dissertation-stacks of various tax documents. The IRS, which apparently already knows how much people 'owe' will send then said people crippling bills, and if they can't pay them their house and property will be seized. Oh, and the IRS now hires men with guns (as does the EPA, and NASA, etc) just in case anyone feels like giving them what they deserve, which is a broken nose and a swift kick to the family jewels.
You know, I'm not exactly sure. My company paid me & the tax was removed from source. I got the rest in my paycheque. The only people who have to regularly fill out any kind of tax form are self-employed people. A friend of mine had to fill out one recently - but only on the money from some investments. His regular paycheque again had tax taken out at source. It seems a MUCH better way - plus no messing about with rebates every year. All of the hard work is done between your employer & the Tax Office.
I'm about ready to move to the UK... you don't have to do your own taxes, you get a month of PTO a year, and there's healthcare to fall back on. That's apart from all the art and history in abundance!
Oh, we most definitely have a LOT of art & history here. OK, some of the art was stolen from other countries but still....
If you work for someone else they do your taxes for you (I believe), I used to get 32 days paid leave from my last job - plus National Holidays of course - and the NHS is amazing if overworked and under resourced (as we're finding out with the nurses presently on strike).
But APART from that..... [grin]
Hmmm, in Germany, you won't have to do your taxes if you are employed but in most cases, it is well worth it. There are so many expenses that you can get back and when you are married and one partner earns less than the other, you better do your tax or you cheat yourself out of a tax return.
It's certainly good to know what your allowances are and the tax breaks you can get for various reasons - being a carer for instance or having young children. It often takes a bit of digging around on Government websites but its worth it!
Exactly. I think for single people without a lot of extra costs it's not worth it, but certainly for the rest.
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