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Importance 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.

Funding government operations like military operations and maintaining the security country is important. It spends a lot of money in the purchase of firearms and other equipment that are required in the administration of a country such as maintenance of law and order. To help in management, transport costs are incurred such as fueling of government vehicles and police cars which are directly involved in curbing crimes.

In a country, there are different levels of people based on how they can afford different things in maintaining their survival. They also range in the difference of races and social status. This means, therefore, there are those who are unable to afford some services such as schooling services and medical requirements. Through revenue, the government can equalize all its people through equal distribution of services.

Some commodities are discouraged from being used because they pose threats to people as individuals or as the whole society. These products, therefore, are minimized to inhibit the amount and the number of people that use them to decrease their effects in the community. To do this, the authorities raise the amount of money required to purchase their raw materials hence the final product becomes very expensive to afford. So, many people are unable to afford hence low consumption rates.

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.

Infrastructure development is a function and responsibility of government in a given state. Without revenue, the government cannot meet some of these developments. Support is critical to promote the growth of the economy of a particular country. It leads to the growth of businesses and peaceful coexistence among different countries as it leads to the growth of trade between two or more different states.

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.

In the above public institutions, some public servants make these services available to people. These servants are paid salaries for their operations and for them to sustain the process of offering those services. Their wages are sourced from government revenue that is obtained from taxes collected from people on a monthly basis.




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