I understand PAYE. But you probably still have deductions that you are entitled to.
I'm paying taxes each month, but all the small deductions, plus the large ones like my mortgage and the rental property aren't taken into account in my monthly taxes. Even moving house is tax deductable. All and any medical expenses above $5000 is deductable. Any uninsured losses on property are deductable. Here it pays to get a good tax professional! And even his fee is deductable!
I'm also a Florida licenced car dealer. I don't wear a sheapskin jacket! Don't even have a car lot. But I can buy fron auctions and sell tax free. And all expenses are tax deductable!
It's the American dream!
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