Sentences with phrase «cent levy»
The phrase "cent levy" refers to an extra charge of one cent that is added to the price of a particular item or service. It is a very small amount of money collected for a specific purpose, usually determined by the government or an organization. Full definition
Kerala to impose a 14.5 per cent levy on meat products and fast food as part of drive to curb obesity epidemic
meatfreemondays.com
The fund relies on a 0.2 per cent levy paid on building projects for income, which it then uses to fund subsidies for apprentices.
The tax is the first of its kind in Canada, requiring homeowners who do not live in or rent out their properties to pay a one per cent levy based on the assessed value of the home.
We say extend Section 19 to the Internet, and collect a 10 - per - cent levy from companies that sell digital ads in Canada but neither pay taxes here nor support journalism.
Liberal Democrat shadow chancellor Vince Cable has criticised high - risk «casino banking» and called for a ten per cent levy on bank profits this year to tackle the national deficit.
But hybrid car makers are definitely unhappy due to the exorbitant tax rate of 43 per cent levied on hybrids.
Despite a push for supermarkets to whack a 50 cent levy on shoppers from a farmer group, government sources suggested that was not a likely option as it could distort the market, disadvantage export - orientated milk producers and would be out of line with the Coalition's message on lower taxes.
Under Lib Dem plans, the ten per cent levy would be supplementary to corporation tax, except it would be payable on all profits made within the tax year without the deduction of previous years» losses.
And he backed a «straightforward» ten per cent levy on the profits of all banks which had benefited from taxpayers» money.
A one - off 50 per cent levy on any banking bonus above # 25,000 before April 5 2010, raising # 550m to get unemployed into work.
He also pointed out that the Lib Dems are planning only one new tax in order to generate revenue — a ten per cent levy on the profits of banks.
The Lib Dem leader said he was ditching the idea of charging a one per cent levy on the most expensive properties in favour of a «mini-mansion tax» of adding higher council tax bands.
Funding will come from a two per cent levy on revenues generated by the clean development mechanism, the scheme allowing industrialised nations to pay for carbon credits produced by emission - reduction projects in the developing world and credit them against their own emissions targets.
People who earn between $ 100,000 and $ 170,000 would pay an extra one per cent on the income between those two figures and income between $ 170,000 and $ 640,000 would be subject to an extra two per cent levy.
Foreign investors and «satellite families» who report high worldwide income but pay little income tax in B.C., will still face the original 2 per cent levy.