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Functions Of Canadian Tax Advice

By Marie Watson


It acts a source of government revenue which is used to perform a lot of things in promotion of development and general running of the country. It is the responsibility of every citizen to pay the government some amount of money from the total income that they get annually or monthly. The following are functions of Canadian tax advice.

There are many operations of government that all need money to operate. The purchase of firearms required in safeguarding the security of citizens and also military operations are some of these transactions. The government needs money to ensure the governance of a state works in the way it is supposed to. All administration operations and maintenance of law and order are activities which need funding. All these funding are obtained from the revenue collected monthly and annually from citizens.

Redistribution of wealth occurs similarly. This way, all the citizens of a country are made equal in accessing government resources and other public services. Schooling and medical services are rights entitled and guaranteed by a government governing a given country to its citizens. Some less fortunate people cannot afford these services, and therefore, those who are wealthy are levied slowly and pay the revenue which is used to make these services available to every citizen.

Consumption tax is also a way of reducing consumption of some products. Use of things like charcoal and firewood for fuel and other nonbiodegradable sources of fuel are discouraged through imposing of heavy levies. This means that few people can afford them and in little amounts which have few effects. Other commodities such as cigarettes also are collected highly to discourage their usage among the people.

Government revenue is used to fund special projects such as voting activities and others that require a lot of money. Some projects are difficult to afford because they consume a lot of money for them to occur. That is why they are carried out after a given period to ensure that enough money is saved to take them out.

Development of infrastructure is a dependent activity to this money. Without it, there could be no infrastructure development in the country. These foundations are essential in the promotion of growth as they interconnect the link between producers to consumers. Road transportation links a country to the neighboring countries promoting an increase in trade and other social networks among the countries.

It is also used for the building of social amenities such as schools, hospitals, and government houses. Taxes also lead to growth and development experienced in urban centers. People depend on these social services for their education, businesses, and health. They are the ones that see the development of a future generation and promotion of business growth. This raises the living standards of people which see growth in the economy of a state.

Many government employees are required in the running of the country by offering services to citizens. All these employees are paid monthly to maintain their services. Their salaries get regularly paid by a government using the revenue collected from people.




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