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> “When the year is over, almost everybody ends up with ‘Oh, it’s correct. I don’t have to pay any more, and I don’t get any money back,’” said Mørkøre. Continu
by messe 4y ago
> “When the year is over, almost everybody ends up with ‘Oh, it’s correct. I don’t have to pay any more, and I don’t get any money back,’” said Mørkøre. Continuous collection also eliminates the time risk of the government losing out on tax payments if companies go bankrupt before TAKS could cash their checks.
Is this not normal in most of Europe? In Ireland, I've found it's usually only off by a few cent at most, which is then adjusted for in the next calendar year by automatically reducing tax credits appropriately.
- jakub_jo 4y agoYeah I think so. Often time it's invalid if you have periods without a job. So you paid too much in advance. Then you get it back.
- rmnwski 4y agoIn Germany it’s a complicated bureaucratic mess and people often get can get a lot back but of course not always.
- moeffju 4y agoIf you're employed and only have one job, it's actually pretty easy - in fact you don't have to do anything. For many if not most people in Germany, filing taxes is pretty much optional.