swissmarg (swissmarg) wrote in sh_britglish,

Income Tax

How does income tax work in the UK?
* Do you have to submit paperwork once a year detailing your income and such? In the US this is called 'filing a tax return'. What is it called in the UK? Or is there some other procedure?
* What is the deadline for submitting your tax return?
* Is it usual for people to prepare their own tax returns? How complicated is it?
* I saw something on the government site about 'bands' as related to income tax. Are those like tax brackets in the US?
Tags: topic: money
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