Sentences with phrase «back against other income»

One of the great things about investments within a TFSA is that money taken from the plan does not claw back against other income - tested benefits.

Not exact matches

The concept of debt - to - income ratio (both front - end and back - end) pits two variables against each other: your debts and your earnings.

There has been a serious setback in terms of following the path towards a commitment of 0.7 % of Gross National Income for ODA, that the government had promised for 2012 (and that the other political parties with parliamentary representation had supported, through the Spanish National Pact Against Poverty), The ODA estimates established in the plan for 2013 indicate that this year, we will fall to 0.20 %, a percentage which takes us back to 1990 and which is a great distance away from the agreed 0.7 %.

If you sell an investment at a capital loss, you can claim that loss against other capital gains for the year; or if you have none, you can carry the loss back up to three years to offset other net capital gains reported on your previous income tax returns; or you can carry forward the loss to claim against future capital gains.

Back - end ratio compares not the monthly housing payments against a buyer's monthly income, and all other monthly payments, too.

The cash value can be borrowed against to take advantage of unique buying opportunities, such as real estate back in 2011 or other passive income ideas.