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Old 03-25-2011, 03:55 AM   #15
HarryT
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Join Date: Nov 2006
Location: UK
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Quote:
Originally Posted by Billi View Post
How do you know before in the UK what is the right amount?


We pay a certain sum each month that corresponds exactly to the income and when the year is over we have to make a tax declaration where we can claim for refunds (for paying for a house, for having additional expenses related to working, for other tax reductions...). So in practice we give our government a credit.
In the UK, unless you do something "complicated", such as run your own business, all tax is paid automatically by your employer, your mortgage lender, or whatever. Having to fill in a tax return is relatively unusual. I have to fill one in, because I run a business, but the vast majority of people don't.
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