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too poor, eh?
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That January 31st deadline is bogus. Obviously they never enforce it, because no one adheres to it. We're still missing at least half our forms, and I know from previous years' experience they'll continue to trickle in until the end of February.
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Nah, the national debt is so big and they just give the money to AIG or some warlord so I figure they don't really expect us to pay any more, you know, in the interest of fairness.
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Most employees in the UK pay tax PAYE - Pay As You Earn. This means that the money is taken from your wages before it even reaches your bank. However there are obviously many, many self-employed people who still have to file tax returns. Paper returns have a deadline in October I think. Online it's January. Not only is it advertised on TV and in the papers, but for years I lived with people in the arts and entertainment industry, and they all paid their own taxes. It was a nice smug feeling to know I didn't have to panic when the dates rolled round :) |
Filed already, got the state bank and spent it on parent's well. Waiting on the Federal and it will go towards Capn's new smile. It's ok though, they take care of me all year long and tax season is my turn to give back.
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Taxes are deducted from the earnings (except independent workers). Then we have to do a decalaration for any extra income and deductible expenses. Deadline is end of May, but you can easily have it postponed as they can't process it anyway. Takes about 6-9 months until they get down to it.
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Employers can issue electronic W2s and file them directly.
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