does ireland have one of these???ooohhh i want one...never before have i wanted to understand revenue!!!
Haha, I'm not sure
how they do it over there, but I'm sure they're getting it somehow. In the US, a "withholding tax" is held from workers' paychecks each week, and sent to the Internal Revenue Service (the Tax Man). We have to figure out how much we actually
should have paid vs. how much we
did pay, by April 15th of each year (that is the deadline for submitting the forms and making any payments, if needed). If we paid in too much (most people do), then we are entitled to a "refund". The government sends out these refund checks a few weeks after April 15th. It's faster if you file electronically over the Internet, they just credit your bank account.
If you own a business you likely do your taxes quarterly, and there is no "refund", you just pay what you owe.