In: Finance
How to increase the collection of outstanding taxes in local government councils
Collection of outstanding taxes in local government council can be increased through-
A. Revenues from property should be adequately collected and it should be proactively managed through sound collection procedure which will be helpful in collection of outstanding taxes in local government councils.
B. They can also lay special emphasis on improved auditing processes and better tax detection procedure so that collection of taxes could be increased.
C. Using of simple segmentation for larger collection opportunities can also be helpful in increasing the collection of outstanding taxes in local government councils.
D. These local government councils can be adopting progressive tax regimes in order to improve the outstanding Taxes collection.
E. It can also improve through providing a transparent and better regulatory procedure so that all the tax participates can be fairly assessed and properly paying their taxes on time.