Sentences with phrase «cent tax credit»

Every turbine built by December 31, 2012 qualifies for a 2.2 - cent tax credit for every kilowatt - hour generated over 10 years.

It would extend the 2.3 cent tax credit for the production of every kilowatt - hour of wind power, geothermal power, hydropower, and other forms of renewable energy through 2016.

The new president spoke of the importance of the EGDF, mentioning the body's influential role when French developers were negotiating a 20 per cent tax credit scheme for game development.

While the new law does offer additional funding for Chicago Public Schools, the Chicago Teachers Union is assailing the voucher plan, which would offer individuals and businesses a 75 - cent tax credit for each dollar donated to a «scholarship» fund.

This wrong - headed policy, pushed by an aggressive farm lobby, gives a 51 - cent tax credit for each gallon of ethanol blended into gasoline.

Under the Scheme, Landfill Operators (LOs) are encouraged to support local environmental projects by the provision of a 90 per cent tax credit against their donations to Environmental Bodies registered with the Scheme's regulator, Entrust.

â $ cents The tax credit does not have to be repaid, unless the homeowner moves, sells or leaves the primary residence for any other reason

Not exact matches

Metrolinx said a regional increase in the HST to 14 per cent from the current 13 per cent would bring in $ 1.3 billion a year from taxpayers in the region, after deducting $ 105 million in tax credits for lower - income households.

«From 1980 to 2007, in that period, revenues from the top 1 per cent of income earners went from 1.6 per cent of GDP, to 3.1 per cent of GDP, a huge surge of revenues from the highest income earners,» he said, crediting tax cuts with generating that wealth during those years.

Mineral Exploration Tax Credit The Mineral Exploration Tax Credit, set at 15 per cent of specified mineral exploration expenses renounced on a flow - through basis, is extended by one year.

Canada made its name in Hollywood as a low - cost location in the days of the 65 cents dollar, and since a federal film tax credit was instated in 1997, each province has been scrambling to stand apart.

Family Caregiver Tax Credit Caregivers of infirm dependants (including spouses, common - law partners and minor children) will be able to claim a 15 per cent non-refundable tax on $ 2,000 (indexed for inflation) if receiving a dependency - related credit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver CredTax Credit Caregivers of infirm dependants (including spouses, common - law partners and minor children) will be able to claim a 15 per cent non-refundable tax on $ 2,000 (indexed for inflation) if receiving a dependency - related credit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver CCredit Caregivers of infirm dependants (including spouses, common - law partners and minor children) will be able to claim a 15 per cent non-refundable tax on $ 2,000 (indexed for inflation) if receiving a dependency - related credit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver Credtax on $ 2,000 (indexed for inflation) if receiving a dependency - related credit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver Ccredit such as the Child Tax Credit, Infirm Dependant Credit, or the Caregiver CredTax Credit, Infirm Dependant Credit, or the Caregiver CCredit, Infirm Dependant Credit, or the Caregiver CCredit, or the Caregiver CreditCredit.

' cents Investment credits: The stimulus will extend generous bonus depreciation terms included in the 2008 stimulus through 2010, and extends accelerated alternative minimum tax or research credits instead of taking bonus depreciation.

cents Work Opportunity Tax Credit: Both houses extend, through 2010, this tax credit for hiring disadvantaged people to include unemployed veterans and unemployed young people who've dropped out of school and lack basic skilTax Credit: Both houses extend, through 2010, this tax credit for hiring disadvantaged people to include unemployed veterans and unemployed young people who've dropped out of school and lack basic sCredit: Both houses extend, through 2010, this tax credit for hiring disadvantaged people to include unemployed veterans and unemployed young people who've dropped out of school and lack basic skiltax credit for hiring disadvantaged people to include unemployed veterans and unemployed young people who've dropped out of school and lack basic scredit for hiring disadvantaged people to include unemployed veterans and unemployed young people who've dropped out of school and lack basic skills.

The federal government offers a tax credit of 2.3 cents for every kilowatt - hour produced.

NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).

NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.

These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors that are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 per cent rate, invite all kinds of tax - shelter abuse.

One would hardly realize that the problem facing U.S. industrial employment is that wage earners must earn enough to pay for the most expensive housing in the world (the FDIC is trying to limit mortgages to absorb just 32 per cent of the borrower's budget), the most expensive medical care and Social Security in the world (12.4 per cent FICA withholding), high personal debt levels owed to banks and rapacious credit - card companies (about 15 per cent) and a tax shift off property and the higher wealth brackets onto labor income and consumer goods (another 15 per cent or so).

Adjusted for age and pension credits, she could pay tax at 22 per cent and have $ 5,940 per month to spend to age 95.

Mondelez Australia, which is shrinking Cadbury chocolate bars to cut costs, increased profit by 43 per cent last year after slashing expenses and booking a $ 30 million tax credit.

The money lost to claimant fraud and error was less than under the old working families tax credit (14 per cent), she said, adding that changes to the IT system and fraud measures meant this year's figure would be better.

Yet while ministers have been trying to reach their target of giving the pension credit to three million older people - a target they have missed - the take - up of housing and council tax benefits has fallen by five and ten per cent respectively since 1997.

Speaking to the House of Commons yesterday, paymaster general Dawn Primarolo insisted the tax credit was benefiting six million families and ten million children, and highlighted a take - up of 93 per cent among families on less than # 10,000 a year.

Research by the National Audit Office (NAO) finds while increasing take - up of pensions credit by ten per cent would lift up to 107,000 people out of poverty, doing the same for housing and council tax benefits would improve the lives of 130,000 people.

Jeremy Corbyn's supporters are satisfied that he has already shifted the terms of debate leftwards on issues such as the 1 per cent public - sector pay cap — which all of the candidates oppose — and the child tax credit cuts.

Or he's a responsible and fair - minded chancellor, making sure (he hopes) that Britain is living within its means, borrowing only for capital spending and nothing else by the end of this Parliament, upping Labour's deficit repair job by 60 per cent, adding # 40b to the fiscal consolidation and protecting the state pension and poorer households» child tax credits into the bargain.

Some highlights of the budget include a 45 cent increase in the cigarette tax, a 25 cent fee on ridesharing services such as Uber and Lyft, and a reduction of the state's earned income tax credit for low - income workers.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

On Friday, the House and Senate agreed by significant margins to grant extensions to the 30 percent investment tax credit (ITC) for solar energy and the 2.3 - cent - per - kilowatt - hour production tax credit (PTC) for wind power.

A recent survey of 324 British companies by the consultancy KPMG Peat Marwick showed that 79 per cent of them avoided the DTI's schemes; 86 per cent would prefer tax credits which would leave them free to spend the extra money on projects of their choice.

The funding comes from donations made by individuals and businesses who receive a 75 - cents - on - the - dollar tax credit when they give to scholarship - granting organizations statewide.

The researchers defined Jams as those families claiming in - work tax credits and living in the bottom 40 per cent of neighbourhoods in terms of wealth.

Despite the fact that his party had control of both legislative houses this year, the most McDonnell managed to do was to pass the voucher - like tax credit plan (which has been criticized for only allowing those providing scholarships to poor kids to write off a mere 65 cents of every dollar spent, or less than similar plans) and a weak charter school expansion that has only allowed four new charters to be opened this past school year.

In other words, paying off a credit card balance is equivalent to earning a guaranteed 30 per cent rate of return, assuming you are in a 33.5 per cent income tax bracket.

Allowing for pension income credits when her RRSP converts to a Registered Retirement Income Fund and qualifies as a pension plus age tax credits, Hilda's tax rate would average about 10 per cent and leave her with $ 2,606 a month to spend.

Adjusted for age and pension credits, she could pay tax at 22 per cent and have $ 5,940 per month to spend to age 95.

â $ cents First - time homebuyers must live in the primary residence for at least three years (If the homeowner moves, sells or leaves the primary residence for any other reason within the first three years, the tax credit must be repaid)

The Conservatives had moved to phase out the federal tax credit by next year, but the Liberals restored the incentive to 15 per cent on purchases of provincially registered funds this year.

Claim those renos As the dust settles on home renovations completed before February 1, 2010, now is your one and only chance to collect your Home Renovation Tax Credit (HRTC), a 15 per cent non-refundable tax credit for eligible renovation expenditures made to your home or vacation properTax Credit (HRTC), a 15 per cent non-refundable tax credit for eligible renovation expenditures made to your home or vacation proCredit (HRTC), a 15 per cent non-refundable tax credit for eligible renovation expenditures made to your home or vacation propertax credit for eligible renovation expenditures made to your home or vacation procredit for eligible renovation expenditures made to your home or vacation property.

They quoted me an amount equal to the menu price plus sales tax if I paid cash, and stated that if I used a credit card it would be an extra 50 cents.

He would pay average 10 per cent tax after adjustments for age and pension income credits and have $ 24,706 per year or $ 2,060 per month if he starts benefits at 65 or $ 34,100 per year or $ 2,840 per month if he works to 70 and pays 12 per cent average income tax on the same basis.

After 23 per cent average tax with pension income and age credits, Sally would have $ 5,170 a month to spend.

For example, if you live in Nova Scotia, and you pay tax at the top combined federal / provincial marginal tax rate of 54 per cent, your tax cost of borrowing $ 100,000 for investment purposes, using a secured line of credit at bank prime rate (currently around 3.45 per cent), is only $ 1,587 annually, assuming the interest is fully tax deductible.

It's a non-refundable credit that provides federal tax relief of 15 per cent on up to $ 10,000 of eligible expenditures per calendar year, per qualifying individual.

Assuming that he is in 15 per cent average tax bracket at that time and can use pension income credits, he would need a pre-tax income of about $ 88,000 a year before tax.

To squeeze a bit more value, Matthew and Lauren could use enough Ultimate Rewards as a statement credit to cover the $ 87 in taxes for the flights, but at just 1 cents each, they'd be getting far less value doing this than they did from the Ultimate Rewards points they converted to Avios, so we wouldn't recommend it.

That's actually why I suggest the Barclaycard Arrival as one of the top travel credit cards out there, because you earn 2X miles per $ 1 on all purchases and you can redeem them for travel — pretty much any travel that you can't normally redeem airline miles or hotel points for, such as rail tickets, car rentals, even the fees and taxes on award tickets — at a fixed rate of 1 cent per mile plus a 5 % mileage refund, and know you're getting a very decent fixed value or 2.2 % back on your spending.

R&D tax credits are also crucial to 75 per cent of current UK developers.

Fact: most wind farms would not be in existence were it not for the 1.8 cents / kwhr tax CREDIT handed out by the Federal Government.