Monday, November 3, 2008
I struggle to figure out the tax filing system here in the UK. The tax year runs until April 5th, if you file a paper return the deadline is October 31st, if you file a self assessment on-line the deadline is January 31st. To further complicate matters not everybody needs to file a tax return, if your taxes are deducted directly from your paycheck (PAYE - pay as you earn) then you don't need to file, if you want to claim tax relief or credit you can ask to file a tax return. Typically the only people filing taxes are those with complicated tax affairs or those that have credits to claim. Lucky me I have complicated taxes. I am currently in the process of deciding whether I want to attempt and file on my own or use an agency. I signed up for the online self assessment and will be getting access to the site later this week I'll have a look and see how difficult it seems. If I can't figure it out I'll send the info off to the agency I used last year.