Hello,
I was just wondering about the current taxation is like.
I recall the days when almost the taxation was on import, nowadays
Everything seems to be taxed. So questions are:
- can someone enlighten on what is the percentage of the government generated revenue derived from the "new taxation"
- how much of an average persons income goes to taxation, lets presume someone earns 2000$
- what do people get in return for the paid tax
- how do for example restaurants maintain their tax book keeping and are there loop holes?
Feel free to add questions and answers to this thread.
I was just wondering about the current taxation is like.
I recall the days when almost the taxation was on import, nowadays
Everything seems to be taxed. So questions are:
- can someone enlighten on what is the percentage of the government generated revenue derived from the "new taxation"
- how much of an average persons income goes to taxation, lets presume someone earns 2000$
- what do people get in return for the paid tax
- how do for example restaurants maintain their tax book keeping and are there loop holes?
Feel free to add questions and answers to this thread.