8/19/2019 Reasons Why Government Impose and Collect Tax?

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Reasons Why

Government Impose And Collect Tax

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Tax is the amount paid by any employee, government

staff and every citizen who is earning a salary. The tax

amount is calculated on the basis of the salary earned.The government has imposed compulsion and every

citizen to pay the correct amount of tax in a fixed time

period.

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Taxation is important and it is a responsibility of

everybody to pay taxes. Tax money goes to budget and is

used by the government in nation development andimprovement activities. Accurate and organised records

can be achieved by companies hiring expert Accountant 

that make it quicker to prepare your accounts and help to

monitor your company’s cash flow in and out.

Importance of Taxation

http://www.jsmaccounting.com.au/Taxation

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Paying taxes necessary to avail facilities given by the

government to live in the country. It is a duty of every

citizen to pay taxes. The tax money collected from thecitizens is used by the government for handling the

expenses needed to run various services provided to

citizens.

Importance of Taxation

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❖  Avail Facilities

❖ Security 

❖ Health Services

Government Uses The Tax Money 

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Money earned from tax is used by the government to

develop and maintain the infrastructure projects needed

to smoothly run the country. It includes roads, railways, bridges, flyovers, subways, dams and maintain historical

and tourists places. Many  companies in Ipswich provides

services to pay  tax return on time.

 Avail Facilities

http://www.jsmaccounting.com.au/Taxationhttp://www.jsmaccounting.com.au/Taxation

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Maintaining public security is also a big responsibility of

the government. It includes taking care of the public and

to keep them safe from threat and frauds police.Government invests time and money in maintaining army

and military equipment to handle emergency attacks to

save citizens.

Security 

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The government is also responsible for giving benefits to

people having health issues. The tax money collected is

spent on building hospitals and giving treatment to poorpeople. It is the major responsibility of governments to

provide quality health services. Medical services and

policies are right of every citizen.

Health Services

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Thanks  Any Question?

 You can find us at

JSM Accounting Group

Office Telephone: 07 3814 6512

Mail: info@jsmaccounting.com.au