allowance of credit
11Tax credit — The term tax credit describes two different concepts:*The first is a recognition of partial payment already made towards taxes due. *The second is a state benefit paid to employees through the tax system, which has the effect of increasing… …
12Working tax credit — (WTC), is a component of the current tax credits scheme in the United Kingdom part of the system of means tested social security benefits. The related component of the scheme is the Child tax credit (CTC). Tax credits were introduced in their… …
13Decorative Allowance — (or Decoration Allowance) is a real estate term seen in realtors marketing media (MLS, flyers, etc.) to inform buyers that the seller is willing to help contribute to a portion of the costs of renovation at closing or settlement. The allowance… …
14tax credit — 1) The tax allowance associated with the dividend paid by a company. The shareholder is given allowance for the tax paid at source by the tax credit, at the same rate, 10/90; i.e. a dividend of £90 received by the shareholder had an associated… …
15tax credit — 1) The tax allowance associated with the dividend paid by a company. The shareholder is given allowance for the tax paid at source by the tax credit, at the same rate, 10 90; i. e. a dividend of £90 received by the shareholder has an associated… …
16Foreign tax credit — A foreign tax credit is used to reduce or eliminate double taxation when the same income is taxed in multiple countries. In the United States ( US ) the Internal Revenue Service ( IRS ) grants a foreign tax credit to a taxpayer if the US taxpayer …
1790 Nicker Knicker Allowance — The £90 ($150) lingerie and blouse allowance provided to senior female attorneys at a British law firm. The Guardian’s Emma Sibbles recently reported: Women lawyers at top City firm Clifford Chance are bucking the trend for reduced expenses now… …
18carbon credit — noun A unit, representing part of a country s or organization s total allowance for the emission of carbon dioxide, which may be traded to another country or organization if the full allowance is not used • • • Main Entry: ↑carbon …
19Earnings Allowance — Calculation on the net funds available in a checking account and the credit amount can be used to offset all or a portion of monthly service charges. The rate for the earnings allowance is set at the bank s discretion. The earnings allowance, or… …
20investment credit — or investment tax credit Tax incentive that permits companies or individuals to deduct a specified percentage of certain investment costs from their tax liability in addition to the normal allowances for depreciation. Investment credits are… …
