Sentences with phrase «incurred by your business»

A sole proprietor has unlimited liability for all obligations incurred by the business, whether from operating costs or judgements against the business.

Snack and meal breaks are quite common during the long training sessions, the cost of which is typically incurred by the business for their trainees and facilitators.

The big reason for this adjusted capital cost allowance for each of the business assets is that the CRA considers all depreciation incurred by the business assets as one annual cost borne by the business — so all depreciation on all assets is calculated, added up and the total depreciation (known in tax terms as the capital cost allowance on an asset) is then used as a tax deduction to reduce taxable earnings.

By contrast, ownership by a sole proprietor or partnership carries unlimited personal legal responsibility for debts incurred by the business.

Any losses incurred by your business activities may be offset against other income earned (such as your investment income or wages), subject to certain conditions.

The owner will be liable for debts incurred by the business.

A significant aspect of the work undertaken by forensic accountants in litigation assignments relates to an examination of expenses incurred by businesses and claims made by managers and staff.

However, note that the protection isn't perfect, and in certain circumstances you may become personally liable for the debts incurred by the business.

You will be required to pay out of your own pocket for any debts incurred by your business.

To protect a business in the event of the death of a key employee, Key Person Insurance, payable to the company provides the owners with the financial flexibility needed to either hire a replacement or replace the financial loss incurred by the business.

All the personal assets of the proprietor are exposed to all debts and liabilities incurred by the business

Not exact matches

Perth - based Automotive Holdings Group will incur a $ 35 million write - down hit from the closure of some of its underperforming businesses, in response to the weak market for car retailers combined with recent regulatory changes by the corporate watchdog.

According to a SpaceX company spokesman, «We deny the claims made by these employees, but rather than incur the expense, burden and uncertainty of continuing litigation, we elected to settle this matter so that we can continue to focus on our business.»

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

The push to reduce costs through outsourcing was also driven by the recognition that the firm was incurring extra expenses associated with doing business in a corrupt environment.

In addition, it is possible that future orders issued by, or enforcement actions initiated by, regulatory authorities could cause us to incur substantial costs or require us to change our business practices in a way that could seriously harm our business.

These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.

As the SBA (Small Business Administration) says on its website, «Leasing commercial office space is one of the largest expenses incurred by new and expanding businesses, so it is important to do your due diligence.»

Mr O'Brien and chairman Ralph Waters also defended the sale of the Dick Smith consumer electronics business and the losses incurred by its fledgling home improvement business.

The losses incurred by poultry - related businesses in China as a result of the H79N outbreak has reached more than 13 billion yuan ($ 1.6 billion euro), estimates provided by the National Poultry Industry Association show.

Simplify getting VAT back from other member states If a small business incurs VAT in another member state for its taxable business, it is usually entitled to get it refunded but the rules are complex and our experience suggests not adhered to consistently by some countries.

imposing fees on insurance carriers to offset expenses incurred by small business in complying with the state's mental health parity mandate ($ 180 million);

A business that had no employees, high sales but no profits due to making no margin, would have no «added value», so any VAT that it would incur on its purchases would be offset by the VAT it collects on its sales, leaving no additional tax for the Exchequer.

The Chartered Institute of Taxation (CIOT) has called on HMRC to allow taxpayers a limited number of defaults before incurring a penalty for late submissions under the new proposals for digital tax reporting.1 This can be achieved by allowing those taxpayers a short extension period on those particular occasions.2 The CIOT says such an approach to penalties is more consistent with HMRC's five principles for penalties than alternative penalty regimes that HMRC recently consulted on.3 The CIOT has said that this «cumulative suspension» penalty regime is more likely to encourage compliance, penalise non-compliance and be a proportionate response to late filing.4 HMRC is yet to publish details about the level of the penalties, although it has confirmed that this will be a fixed penalty, irrespective of the size of the business.

A report into RBS» treatment of small businesses by Vince Cable's adviser Lawrence Tomlinson gives examples of some of the costs businesses say they incurred through the lender's restructuring group.

The cost of providing official cars for Labour ministers rose by nearly # 500,000 last year as the country suffered through recession, with Lord Mandelson's huge former Department for Business, Innovation and Skills incurring the biggest bill for ferrying ministers around.

Business Conf's LTD, Ticonderoga Ventures, Inc. and those involved with the preparation / implementation of the convention assumes no liability for non-refundable transportation costs, hotel accommodations or additional costs incurred by registrants.

To the fullest extent permitted by applicable law, you agree that: (a) the National Education Union shall not be responsible or liable for any loss or damage of any kind incurred as the result of any such dealings or as the result of the presence of such advertisers and merchants on the Service, and (b) any orders placed by you on, and any product specifications and product availability appearing on, the Service are subject to confirmation by, and the terms and conditions of business of, the relevant merchant.

The cost of dishonesty, therefore, lies not only in the amount by which the purchaser is cheated; the cost also must include the loss incurred from driving legitimate business out of existence.

c) Any court cases and lawsuits will be judged in Quebec, Canada d) If your court case is found to be without merit then you will pay Books Butterfly for all legal fees incurred by Books Butterfly e) If your court case is found to be without merit then you will pay Books Butterfly for defamation and slander, wrongful legal claims, and loss of business due to your court case

I don't know a thing about marketing, and I certainly don't know about how to file my taxes as a «business owner» regarding any costs incurred or profit made by selling my books.

When a business credit card account is opened, a personal guarantee is when an officer of the corporation designates himself and is bound by contract to be liable for all debts incurred on the new credit card.

50,000 points is a pretty hefty bonus for a card that could be very useful on earning you travel just by using your cards for typical business expenses you would incur anyway, while also providing you with useful tools to help manage your business.

By definition, your startup costs are the costs you incur as you set up your business.

Terms, defined.For purposes of the Credit Services Organization Act: (1) Buyer shall mean an individual who is solicited to purchase or who purchases the services of a credit services organization; (2) Consumer reporting agency shall have the meaning assigned by the Fair Credit Reporting Act, 15 U.S.C. 1681a (f); (3) Credit services organization shall mean a person who, with respect to the extension of credit by others and in return for the payment of money or other valuable consideration, provides or represents that the person can or will provide any of the following services: (a) Improving a buyer's credit record, history, or rating; (b) Obtaining an extension of credit for a buyer; or (c) Providing advice or assistance to a buyer with regard to subdivision (a) or (b) of this subdivision; (4) Extension of credit shall mean the right to defer payment of debt or to incur debt and defer its payment offered or granted primarily for personal, family, or household purposes; and (5) Person shall include individual, corporation, company, association, partnership, limited liability company, and other business entity.

If your account is overdrawn by $ 10 or less after all transactions have been posted for the business day, you will not incur any overdraft item fees for that day.

John was trying to get his business off the ground and had incurred a ton of unsecured debt by doing so.

3) You will not incur overdraft item fees if your account is overdrawn by less than or equal to the dollar amount noted below after all transactions have been posted for the business day.

If your business incurs travel expenses, you'll find your points adding up quickly because you'll be earning three points for every dollar you spend with the Bank of America Travel Center powered by Orbitz.

While they run parallel to Bank of America credit card in terms of tactics used to incur fees, they exceed Bank America tactics by making sure you stay with their brand or suffer stiff abuse to your credit rating strictly because you no longer want to do business with them.

A business owned 20 percent or more by a person associated with a different business that caused the government to have incurred a loss related to a prior business debt

A taxpayer can either deduct actual costs incurred by the taxpayer's automobile, or use the standard mileage rate method to calculate the amount deductible by business use.

Here, each partner is personally liable for the business debts incurred by other partners.

If your business incurs travel expenses, you'll find your points adding up quickly because you'll be earning three points for every dollar you spend with the Bank of America Travel Center powered by Orbitz.

This is because round - trip flights operated by Delta and originating in the U.S. do not incur fuel surcharges, thus keeping your out of pocket expenses below $ 200 for both economy and business class award tickets.

Your business could potentially benefit by utilizing the initial 0 % APR period to finance a business purchase over nine statement periods without incurring interest.

The UK government Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are derated within the Capacity Market (CM).

Large businesses that purchase legal services in bulk are especially hungry for discounts, and the commitment of long - term business may be worth the loss incurred by offering a discount.

By incorporating, you generally also protect yourself in the event the business encounters legal trouble or incurs any debt.

By carrying on business through a corporation, the corporation's owners can avoid potential liabilities that they would incur by carrying on business directlBy carrying on business through a corporation, the corporation's owners can avoid potential liabilities that they would incur by carrying on business directlby carrying on business directly.