(01-02-2021, 10:07 AM)StroudCrowd1 Wrote:

(01-02-2021, 10:03 AM)Dockerill91 Wrote: As an uninformed Brit. May I ask, do you have to all individually do your own taxes?

Over here my company just pays my taxes for me at source, I’m able to claim small rebates IE if I’ve been overcharged due to being on the wrong tax code, or for dry cleaning on suits and working from expenses. But that literally takes a minute.

How does it work over there?

If your taxes are simple, you can use an online service like turbotax, and a million others that will file for free, or charge a small fee (under $100) for more "complicated " tax situations.

As far as a company "paying your taxes", if you work for an employer,  taxes, social security,  and Medicare are deducted automatically from each paycheck, but that doesn't guarantee you will have paid what you actually owe in taxes, especially if you have other forms of income outside of your employer.

Personally, I use an accountant

Ah ok, the last part makes sense. I was getting confused then. Still secondary work income for us is just automatically taxed at 40% unless you’re a higher rate tax payer.

It’s very hard to Underpay here though, usually we find we overpay but even with that the HMRC do calculations every year and automatically refund us for simple things. Except the above things which I mentioned which are minimal.

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