Sentences with phrase «cent of one's salary»

Such companies can claim a deduction equivalent to 30 per cent of the salary drawn of new full - time employees for the tenure of 3 assessment years.

This is not as large as it sounds - typical contributions would only go up from 6 to 8 per cent of salary.

At the high end, the tax loss is estimated at $ 1.7 - billion, which assumes 50 per cent of the salary income was not earned for real work performed, and the family member had a 15 - per - cent - lower marginal tax rate than the company owner.

They said they were initially being paid 30 per cent of their salaries until October last year, when the party leadership again reduced it to 25 per cent.

Osun has been paying 50 per cent of their salaries since June but the doctors said they wanted the state government to reach an agreement on when to pay the balance.

President Muhammadu Buhari and Vice-President Yemi Osinbajo announced that they will only receive 50 per cent of their salaries when they assumed office.

Young teachers struggle to make ends meet, finding it hard to get onto the property ladder, and a quarter of them spend in excess of 50 per cent of their salary on accommodation.

Her husband and she both invest around 30 per cent of their salaries in mutual funds, fixed deposits, PPF and direct equities.

Overall, 38 per cent of Salary Guide respondents in Alberta and beyond said the downturn impacted their activities.

-- A new Ontario Retirement Pension Plan for people without a workplace pension will require contributions from employers and workers of 1.9 per cent of salary.

By the end of this year, when parents have a new baby or adopt a child, they will be able to choose between 12 months of Employment Insurance (EI) benefits covering 55 per cent of their salary, or 18 months at 33 per cent of their salary.

Silvester can receive bonuses up to 104 per cent of his salary — in other words, doubling his pay.

Turning to the NPSS, Lord Turner said employees would be automatically enrolled in a scheme when they started work, although they could opt out, contributing four per cent of their salary, where employers would contribute three per cent, and the state one per cent.

Under other provisions, employees would be automatically enrolled in a national savings scheme, into which they would pay four per cent of their salary, their employer pay three per cent and the government provide one per cent in tax relief.

In 2002 the median maximum grant of shares that a FTSE 100 lead executive could be awarded was 100 per cent of salary.

Government reforms have reduced the average value of public sector pension schemes by around three per cent, from 24 per cent to 21 per cent of salary, the Pensions Policy Institute (PP) has said.

This extra # 800,000 prompted public outrage, however, despite the fact MPs» contributions would also rise, from ten per cent of their salary to 11.9 per cent for the highest level of pension.

Civil servants and pensioners in Imo have vowed to continue their protest until the government decides to pay them 100 per cent of their salaries.

For example, for Crimson Peak, I have to give off about 30 per cent of my salary, and change entirely the way that we approach the deal and make the movie.

The government announced that pension contributions made by employees to public sector pensions would be increased by, on average, 3.2 per cent of salaries, but protecting the lowest earners.

Terry gets a variable bonus of 15 per cent of salary.

By the end of this year, when parents have a new baby or adopt a child, they will be able to choose between 12 months of Employment Insurance (EI) benefits covering 55 per cent of their salary, or 18 months at 33 per cent of their salary.

Employee contributions reduce total compensation, so if you max out your 401 (k) as an individual (which is $ 17,500 this year, not $ 16,500) before taking a cent of salary, the salary from which the employer's contribution is calculated is $ 0.

«R&D tax credit can go as high as 75 per cent of salaries.

For 33 per cent of those, it represented less than five per cent of salaries.

In fact, graduates of Canadian law schools heading to large firms in Calgary, Toronto, or Vancouver this year can expect to earn between 25 and 40 per cent of the salaries (in US - dollar terms) of graduates in Houston, New York, or San Francisco.

«Most disability benefits only cover 60 per cent of your salary, «says Brian Poncelet, an independent certified financial planner (CFP) and owner of RightInsurance.ca.