Question

difference between tax and paymet​

Answer 1

Answer:

Is there a difference between a tax and a fee? As a general rule of thumb, taxes are collected by governments at all levels and go into a general fund used for any legitimate government expense. ... That is, a fee is assessed for a particular service, and the money collected is generally earmarked for that service.

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Answer 2

Answer:

As a general rule of thumb, taxes are collected by governments at all levels and go into a general fund used for any legitimate government expense. Your taxes may pay the salary of a teacher, police officer or bureaucrat. They may help pave a road or build a school. They may finance the running of the local sewage-treatment plant.

Fees, on the other hand, are usually more specific. That is, a fee is assessed for a particular service, and the money collected is generally earmarked for that service. The fee that you pay for, say, inspecting your car every other year probably goes directly to cover the costs, in whole or part, of running the inspection station.