Difference between revisions of "What Are Taxes?"
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Revision as of 21:52, 22 March 2014
Paying Taxes in BC from People's Law School has been replaced by Essentials of Money & Debt. This new title covers income tax as well as other aspects of managing your finances and dealing with debt-related problems.
Everyone who lives in Canada pays taxes to all three levels of government:
- Federal government
- Provincial government
- Municipal (city or town) government
Taxes pay for many services that everyone in Canada uses. For example:
- medical care
- police
- schools
- universities
- defence
- roads
- bridges
- parks
- swimming pools
- community centres
There are different kinds of taxes in British Columbia. The main taxes to know about are:
- Income tax
- Sales tax - also known as harmonized sales tax or HST
- Property tax
- Duty – a tax you pay when you bring goods into Canada
- Consumer taxes
This information applies to British Columbia, Canada. Last reviewed for legal accuracy by People's Law School, 2011. |
Paying Taxes in BC from People's Law School has been replaced by Essentials of Money & Debt. This new title covers income tax as well as other aspects of managing your finances and dealing with debt-related problems.
Paying Taxes in BC © People's Law School is, except for the images, licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International Licence. |