Tax
is the Government’s way of raising money to pay for
a country’s essential services such as schools, hospitals,
emergency services, the armed forces, and public transportation.
When you pay tax, it’s your contribution to keeping
the country running. Usually, you start paying tax when you
reach the legal age of 18. Many adults complain of paying
too much income tax – this is the tax that you pay to
the government before you can claim your pay cheque from your
employer. However, businesses pay their taxes differently
than employees, and therefore there are many financial incentives
to becoming a business owner. Our Kids Ride to Riches clients
receive detailed strategies for starting businesses and strengthening
their entrepreneurial spirit.
|