Tag Archives: #EconomicAccountability

Why is tax compliance important?

  Taxation Compliance   Taxation compliance is for several reasons: Legal Obligation: Paying taxes and complying with tax laws is a legal requirement in most jurisdictions. Failure to meet tax obligations can result in penalties, fines, or even legal consequences. Complying with tax laws ensures individuals and businesses remain in good standing with tax authorities and… Read More »

Do members of parliament pay income tax?

Do Members of Parliament Pay Income Tax?   When it comes to the financial aspects of public service, one common question arises: do Members of Parliament (MPs) pay income tax? The answer is a straightforward “yes.” MPs, like any other citizens, are subject to income tax on their earnings. Salary and Taxation The salary that… Read More »