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I have moderately complex tax affairs here in the UK. Each year it takes about an hour. I log on to the Revenue and Customs website, it asks me some basic ques
by dazzawazza 17y ago
I have moderately complex tax affairs here in the UK. Each year it takes about an hour.
I log on to the Revenue and Customs website, it asks me some basic questions about what I'd like to declare and then optimises the sections of the 'form' I need to fill in. So for example I don't need to declare any offshore assets so I never see that section of the form.
At the end it presents me with the entire form which I can download as a PDF for personal filing. I declare it to be true by clicking a check box and I send a cheque to the government (or in a bad year they send me a cheque).
It's all SO easy. They have a great phone line with people who answer questions honestly.
The only caveat being that you should do it well before the January deadline for personal tax as the website gets a bit slow in January.
- kierank 17y agoYou're lucky. When I did it the site kept crashing. It was more awkward in my opinion than you seem to make out. However, from what I gather it's nothing compared to the US system.
- dazzawazza 17y agoI have had it stumble a few times. I usually just log out and log back in. Only once has it lost any information from a previous session. I'll admit there is a chance I've been lucky but I still think it's a great system.
- petercooper 17y agoIf you want to make it even easier, set up a payee in your online banking (most banks will have either Cumbernauld or the other UK tax office - forget its name - built in) and just send it through that :-) (Or even set up a direct debit, which I believe they allow now.)