Quizzes & Puzzles1 min ago
To All Abers - Income Tax Is Due.....
20 Answers
Just a reminder to all of you - if you haven't done this already - your tax is due in by the 31st, so effectively you have 2 weeks now - that's not posted but in their offices - so too is any on-line filing or you risk the £100 fine and all the rest if you decide to prevaricate.
I do not work for the Bs or am paid by them......
I do not work for the Bs or am paid by them......
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.People on 'self assessment' shouldn't complain - most of us are on PAYE which means we pay tax every month when we are paid, rather than at some point several months/years down the line.
We also get taxed on everything we earn, rather than a random amount after deducting any number of nice allowances ...
We also get taxed on everything we earn, rather than a random amount after deducting any number of nice allowances ...
Sunny Dave Brown a few years ago changed it all to current year taxation - thus getting himself two years tax payments in one year
hem hem surely that wasnt the only point....
and You SUnny - you lucky fellow - are now on RTI (real time information) now so your month by month tax payment is adjusted as you go along....
God I am so used to having to fill out a tax form ( five years worth in 1985 )
I cant imagine what it is like only to be on PAYE
( actually my first reaction would be 'the govt is conning you' )
hem hem surely that wasnt the only point....
and You SUnny - you lucky fellow - are now on RTI (real time information) now so your month by month tax payment is adjusted as you go along....
God I am so used to having to fill out a tax form ( five years worth in 1985 )
I cant imagine what it is like only to be on PAYE
( actually my first reaction would be 'the govt is conning you' )
they are - they get the Treasury advantage of using the money on overnight markets where the interest rates are unbelievable - just as any company treasury of a major company does with 'upfront' cash....or the banks do with money in the clearance system - it's how they can afford to give 'free' current a/c banking......In the States, you deposit a cheque and the funds are immediately alive - however, you pay service charges.
P85 was completed when I left UK and wiping my feet on way out.
Got a very nice rebate also, because I left part way in tax year and the HMRC had been expecting me to stay.
Moved from paying tax at a marginal rate of 35% in the UK , to 11% where I am now. So nice to keep a larger portion of the money you work so hard for.
Got a very nice rebate also, because I left part way in tax year and the HMRC had been expecting me to stay.
Moved from paying tax at a marginal rate of 35% in the UK , to 11% where I am now. So nice to keep a larger portion of the money you work so hard for.
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