I discussed today with my friend the topic of taxes. And it was simply incredible to hear about the amount of time and effort she needs to put into doing all the paper work and calculations required to do her tax declaration in order. And it is better for her be correct as any kind of mistake will be penalized with fine.
I know that for many people the tax declaration is relatively easy as they have only one source of income. But the story is completely different if you receive incomes from various sources ( e.g. having additional business, renting properties etc. ). Of course we have the lawyers and private tax accountants and advisors who have extensive knowledge and experience with the taxes but what about if you cannot afford to pay one ? So if you cannot hire your private lawyer or accountant then you have to become one ( through studying at home ) to be able to do your own tax declaration.
And then there also comes the point of getting and sorting out all of the licences, certificates, permissions and other documents so that you may run your business "legally and officially".
And thus:
Did you know that sorting out the documents and collecting the tax money takes quite often ( or maybe even most of the time ) more effort than earning the money in the first place ?
Well... it does and so now you know it even though I cannot present any official statistics in regards to this point.
And this is the 1st nonsense related to the tax system.
To be continued