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Self-assessment (2)
SELF-ASSESSMENT (2)

Definition: (British English) A system of paying tax in which you calculate yourself how much you should pay.
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* All four elements should be in.


1. Purposeful and necessary (to emphasize).
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IT'S YOUR CIVIC RESPONSIBILITY.


2. Legal. That is, system is backed by the law.
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YOU SHOULD NOT CHEAT THE TAXMAN.
Below the Line
3. Calculation is done correctly and honestly, following the normally acceptable standards - and accepted by the relevant tax authority.
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BUT DON'T CHEAT YOURSELF.


further below the line


4. Tax calculated is paid timely and as expected, whether fully or in part (connect to #3).
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WHATEVER IS DONE WITH IT.

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