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I live in the UK and we have a similar system here. I have a tax code assigned that describes my personal circumstances. My employer reports everything to the
by kahnclusions 4y ago
I live in the UK and we have a similar system here. I have a tax code assigned that describes my personal circumstances. My employer reports everything to the government. Taxes, refunds, etc, are all handled automatically through my paycheques. The only reason I would need to file a self assessment is if I had self employment income etc.
It’s such a relief of stress every year. I hate the way the US (and Canada) does taxes.