12 VIBRANT FACTS ABOUT TAXATION!
FACTS ABOUT TAXATION 1. Tax dates really do differ. When you pay your taxes tends to differ from place to place. If you run a business in the UK, you will traditionally need to file and pay a return by the end of October, unless you are doing so online. In the US, tax day is April 15th, though it was actually one month earlier until 1918. 2. Income tax can be… well… taxing! Taxes are not always easy to work out on your own. In fact, renowned genius Albert Einstein was alleged to have struggled with tax calculations himself. He is thought to have said, “The hardest thing in the world to understand is the income tax.” We’re with you on that one, Albert! 3. US taxpayers really feel the pinch. Americans pay an incredible amount of tax each year. In fact, it’s often likely to top out at more than $5 trillion. This all goes on various facilities and amenities. For example, US taxation will cover state payments, federal coverage, and local services. It...