Posted 02 Aug. 2019
@hannahcreswick | Posted 02 Aug. 2019
The very basic purpose of the tax is to collect revenue from the citizens for the country. The imposition of tax helps the government in financing their expenditure on the development of the nation. Visit here to know more about tax - https://www.dpsaccounting.com.au/. It is more of a fund collection from the people for the betterment of the people. It is the fee charged on the individuals and organizations by government or any of its agency on a product or service. The tax collected from the citizen is later used for the development of roads, bridges, schools, hospitals, forest reserves, and also for social services like national security, and civil services.