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FYI the UK is taking steps in this direction: https://en.wikipedia.org/wiki/Making_Tax_Digital https://en.wikipedia.org/wiki/Making_Tax_Digital
by JeremyBanks 8y ago
FYI the UK is taking steps in this direction: https://en.wikipedia.org/wiki/Making_Tax_Digital https://en.wikipedia.org/wiki/Making_Tax_Digital
- OJFord 8y agoThat's quite an understatement - a vast majority of _employees_ don't need tax to be digital or not because it's all done for them through PAYE (Pay As You Earn, i.e. deducted on your payslip before you see it) and other mechanisms anyway.
- rlpb 8y agoFor UK employees without complex affairs, it's already done: my tax happens without any interaction, no digital conversion required. I spend £0 and about 60 seconds on my taxes every year. It's all arranged automatically between my employer and the tax authority. I just get a letter in the post every year telling me the calculation that I check is sane. My tax payments are deducted by my employer from my monthly pay.