Augusta
VIP Contributor
It is always good for business owners to pay their tax or taxes and on time too. Tax payment also help to make a business flourish in no little way. The following importance's should be the reasons that should push businesses in paying tax.
1. Provision of social amenities. A business flourish better when the little necessities of it are met. A business sited on a bad road will hinder a lot of customers from accessing it. If tax is paid and the government fix the roads and other projects it will help in easily transportation of the goods same with ease of accessibility of the shop.
2. Provision of loans and other fundings. Businesses paying tax will enable the government to put back this money into the economy. The government will be able to provide medium and large scale loans and funding to businesses too
3. Payment of high salaries which will increse purchasing power of the people. The truth is that the higher the purchasing power of the people, the more sales and profit that businesses can Make. So when these taxes are paid by businesses the standard of living of people can rise as people will be able to buy what they need via the high salary from the government and businesses will make more sales.
So are you paying your business tax? What do you think?.
1. Provision of social amenities. A business flourish better when the little necessities of it are met. A business sited on a bad road will hinder a lot of customers from accessing it. If tax is paid and the government fix the roads and other projects it will help in easily transportation of the goods same with ease of accessibility of the shop.
2. Provision of loans and other fundings. Businesses paying tax will enable the government to put back this money into the economy. The government will be able to provide medium and large scale loans and funding to businesses too
3. Payment of high salaries which will increse purchasing power of the people. The truth is that the higher the purchasing power of the people, the more sales and profit that businesses can Make. So when these taxes are paid by businesses the standard of living of people can rise as people will be able to buy what they need via the high salary from the government and businesses will make more sales.
So are you paying your business tax? What do you think?.