But do the majority of people file tax returns? Over here I'm sure they don't. I had to last year so I could claim loads of stuff back, but usually I don't. I'll have to next year as well since I've been self employed for half of this year.KEN-JENNINGS wrote:
We have the same type of system more or less. But there are deductions and withholdings in addition to the deductions automatically taken out of most people's paychecks. Sometimes we get a chunk of our withholdings back, sometimes we have to pay a little extra, depending on certain parameters that might change throughout the year (children, loss of job, house purchases, marraige, etc).Bertster7 wrote:
Everyone in the US files tax returns?
Crazy. I've only ever filed one tax return. PAYE FTW.
Surely it's more efficient to have as few people as possible filing tax returns and to have a system that deals with the entirety of most peoples income taxation?