personal income tax allowance
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income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… … Universalium
Income tax in the Netherlands — In the Netherlands there is an income tax, which since 2001 ( Wet inkomstenbelasting 2001 ) is roughly as follows. The fiscal year is the calendar year. No later than March citizens have to report their income of the previous year. The system… … Wikipedia
income tax personal allowance — England, Wales The amount of income a UK resident individual can receive before being charged to income tax. For details, see Tax data: income tax: Individuals: rates and allowances. The personal allowance is not available to individuals who are… … Law dictionary
income tax — n: a tax on the net income of an individual or a business compare excise, property tax Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Income tax in India — The Indian Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance.The government of India imposes an income tax on taxable income of individuals, Hindu … Wikipedia
income tax allowances — Allowances that may be deducted from a taxpayer s gross income before calculating the liability to income tax. Every individual who is a UK resident is entitled to a personal allowance, the level of which will depend on his or her age (see age… … Accounting dictionary
income tax allowances — Allowances that may be deducted from a taxpayer s gross income before calculating the liability to income tax Every individual who is a UK resident is entitled to a personal allowance, the level of which will depend on his or her age (see age… … Big dictionary of business and management
income tax code — A code number issued by the Board of Inland Revenue that takes account of the personal allowance available to the taxpayer together with any other additional allowances to which he or she is entitled, e.g. married couple s allowance. The code is… … Accounting dictionary
income tax code — A code number issued by HM Revenue and Customs that takes account of the personal allowance available to the taxpayer together with any other additional allowances to which he or she is entitled, e. g. age allowance. The code is used by the… … Big dictionary of business and management
tax allowance — See: capital allowances, income tax allowances, personal allowance See also: tax relief … Accounting dictionary
Starting rate of UK income tax — The starting rate of income tax, often known as the 10p rate, was the lowest rate of personal income taxation imposed in the United Kingdom from 1999 to 2008. It was introduced by the Chancellor of the Exchequer, Gordon Brown, in his 1999 budget… … Wikipedia
