Tax for new arrivals
I come from another country ✈️ ... do I have to file a tax return?
Imagine you have a big piggy bank where you put all the money you earn.
But in this country where you live, there are important things that everyone uses, like schools, hospitals, roads. For all of this to work well, money is needed, and that's where income tax comes in!
Personal income tax is like having to give a small portion of your piggy bank money to help pay for these important things.
- When you earn money : If you work or sell something, you earn money. This is your " income ".
- Share a little : Every time you earn money, you must give a small part of it to help your country build schools, roads, etc.
- Not everyone gives the same : If you earn a lot, you give a little more. If you earn less, you give less.
- Calculating how much you should give : There are rules for how much money you should give.
Basically, income tax is a way to make sure that everyone contributes a little bit to keep things running smoothly in the country.
You give a little, but it helps make life better for everyone 😉