Sentences with phrase «per cent contribution»

Indeed, there are a wide range of existing initiatives and support available for Scottish developers, as Linda McPherson, creative industries director at Scottish Enterprise explains: «This includes regional selective assistance, a grant for job creation, used, for example recently by Serious Parody, eeGeo and Reloaded; equity investment, which has helped FanDuel and Outplay; and R&D support, which includes Rockstar North, who were awarded a # 1 million grant from Scottish Enterprise, representing a 15 per cent contribution to an # 8 million project.»

His job provides a basic 5 per cent contribution by his employer to his plan plus a variable match of contributions up to 4 per cent of gross income with a 50 per cent (2 per cent in this case) match.

The DfE will work with local authorities to create these schools where they are needed, subject to a ten per cent contribution from the provider.

It added that «while export gas sales and NLNG feedstock accounted for $ 84.57 million, that is, 18.97 per cent contribution compared with 31.21 per cent contribution in the prior month of September 2015.»

The 4.95 per cent contribution rate has not changed in many years so employees will see a difference on their very first pay in January, said de Grâce.

The government will phase - in mandatory 1.9 per cent contributions from employers and workers over two years, starting with larger companies in 2017 before moving on to smaller operations like convenience stores and dry cleaners.

Not exact matches

«While it's positive that so many eligible Canadians plan to contribute towards their retirement this year, we know from previous years that only 26 per cent of eligible tax filers actually make a contribution to their RRSP,» said Jamie Golombek, a managing director of tax and estate planning at CIBC.

With the existing $ 5,500 - per - year contribution limit, all but the top few per cent of families will soon be able to shelter all of their assets from taxation.

The biggest contribution to growth from the goods - producing industries in 2017 came from natural resources extraction, which expanded 7.8 per cent.

In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.

For the self - employed, the contribution rate would be 3.6 per cent of pensionable earnings, as they were to pay both employee and employer shares.

The Institute's rationale for increasing the overall contribution rate from 20 per cent of pay to 24 per cent is their claim that the use of «fair - value» calculations reveals that the pension liabilities are much higher than reported, due to the use of a too high discount rate.

The Institute proposes a gradual move to a 50:50 employer / employee financing split and an increase in the combined contribution rate from nearly 20 per cent of pay to about 24 per cent over four years.

Importantly the poll also found that Canadians aged 18 - 34 actually trail Baby Boomers in RRSP ownership and contribution rates with only 43 per cent of young people holding RRSPs compared to 69 per cent of older Canadians, so there is an urgent need to encourage and empower younger Canadians to start saving.

That framework's been in place since the early 1990s, we have hit the target over that 20 year period, the average inflation rate's pretty close to 2.5 per cent, so we regard that as successful by the terms of the definition that we set ourselves and I think that's made a big contribution to economic stability more generally and I don't think it's an accident that that period of fairly low predictable inflation has coincided with pretty good sustained growth in the economy.

The VentureStart program works on an «equal contribution» basis, where entrepreneurs contribute toward the total cost of the education phase of the program (matched by FedDev through VentureStart) and 50 per cent of the seed financing for the product development phase, up to a maximum of $ 30,000 in matching funds.

A report in February last year from the Pensions and Lifetime Savings Association suggested default funds for defined contribution (DC) pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial climate risk.

We have had a successful year on the investing market, so if an individual makes contributions to their TFSA and has a portfolio with a higher return of 20 per cent or 25 per cent, it makes sense to keep that because the advantage is no tax being paid in the TFSA.

Euro area consumer prices rose by 2.4 per cent over the year to December, with higher energy prices making a significant contribution, along with hikes in prices of administered items, such as health care and tobacco.

Petrol price increases continued to make significant contributions both in the quarter and over the year; excluding petrol, the CPI increased by 2.0 per cent over the year to December.

The largest contribution to non-tradables inflation was made by house purchase costs, which increased by 1.5 per cent in the quarter and by over 5 per cent over the year.

Third, the tax giveaway includes a $ 120 billion reduction in Social Security contributions by labor — reducing the FICA wage withholding from 6.2 per cent to 4.2 per cent.

With the plan expected to add a cost of 1.9 per cent per employee and the likelihood that employees over the age of 50 may never benefit from their own contributions, roundtable members were vocal in their concerns about the plan's impact on both competitiveness and employee support.

The current contribution rate is 5.4 per cent.

Meanwhile, CPP premiums are unchanged as a percentage of earnings, and the employee EI premium contribution rate is up by an eye watering 5 cents per week per $ 100 of earnings.

Younger Canadians with unused RRSP contribution room are more worried about the impact this may have on their retirement (39 per cent) compared to Boomers with unused RRSP contribution room (22 per cent).

In particular, following a quarter when falling petrol prices reduced inflation, the higher level of petrol prices in the first month of the June quarter suggests that a substantial contribution to the CPI is possible, which could take CPI inflation close to 3 per cent in the year to the June quarter.

The RRSP with these contributions would grow from the present balance of $ 322,000 to $ 430,000 in five years at her age 62 in 2017 dollars, assuming a 3 per cent return after inflation.

«Furthermore, in the discretionary food and drink category, soft drinks are ranked seventh in kilojoule contribution at just 4 per cent, a long way behind confectionery and chocolate which tops the list at 18 per cent.

Today, soft drinks contribute just 1.7 per cent of the daily intake of kilojoules for Australian adults, and when it comes to discretionary foods, they rank seventh in kilojoule contribution at 4 per cent.1

Australia's food industry contribution to national manufacturing has increased by 30 per cent over the past seven years according to a new Australian Food and Grocery Council (AFCG) report.

Sugar contribution from water based beverages (e.g. soft drinks, sports drinks, iced tea) for each person has dropped by 17 per cent between 1997 and 2011

The US business lifted earnings 75 per cent in the first half of 2016 - 17 to $ 90.7 million, helped along by the contribution from the Diageo brands.

Overall, Sánchez has been involved in 61 Premier League goals (42 goals, 19 assists) of the 180 Arsenal have scored since he joined the club in 2014, a contribution of 34 per cent.

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

The previous government had planned to increase employer national insurance contributions by one per cent as part of its deficit reduction strategy (Alistair Darling, the then chancellor, has subsequently stated that he would have preferred to have increased VAT instead), and after taking office the coalition government only partially reversed this decision.

The FSB has welcomed the news that the economy grew by one per cent in the third quarter, but is warning that to sustain recovery we need to extend the National Insurance Contributions holiday to all micro firms across the UK.

The NUT claimed the combination of a pay freeze and higher pension contributions could reduce teachers» take - home pay by 11 per cent in total.

'' On the basis of their consistency in the contribution, Nigerian workers become eligible for mortgage loans at a concessionary interest rate of six per cent,» he said.

Teachers are already paying higher pension contributions: new joiners must already wait till 65 for their pensions, and a cost - capping agreement means that employer contributions are already limited to 14 per cent, similar to the average private sector employer contributions.

Research published by the Intergovernmental Panel on Climate Change in 1999 found that, in 1992, aviation was responsible for 3.5 per cent of the total global contribution to climate change.

«We are also of the strong opinion that for an industry that has recorded globally appreciable growth over the years, contributing an average of 9 per cent to the country's GDP, the sector has capacity to contribute to the expansion of knowledge in the academia and consequently profit from such contribution.

In addition, to address the fact that just 30 per cent of women are entitled to the full state pension, Mr Hutton announced a new credit system to ensure everybody's contribution to society - including those who care for children or the elderly - counted towards their pension.

Lucas vowed to slap a new income tax rate of 50 per cent for those earning more than # 100,000 and axe the upper limit for National Insurance contributions.

«We've prevented a crazy 6 per cent rise in the EU budget, we've made sure the EU budget must reflect domestic spending cuts, and we've protected the UK taxpayer from having to bail out EU countries that get themselves into trouble,» he said at a press conference -LSB-...] A 2.9 per cent increase is expected to see Britain's contribution to the EU budget grow by about # 400 million a year.

Under Labour's plans 95 per cent of taxpayers will be guaranteed no increase in their income tax contributions and everyone will be protected from any increase in personal National Insurance Contributcontributions and everyone will be protected from any increase in personal National Insurance ContributionsContributions and VAT.

From April next year, there'll be a one percent increase in the main rate of Class 4 National Insurance Contributions for the self - employed, with another one per cent increase the year after.

From April 2019, when contribution rates increase to five per cent this # 34 pension «penalty» for Marcie will increase to # 56 (assuming all else remains the same).2

From 6 April 2019, their minimum contributions will increase again to five per cent.

Most Unite NHS members will see their pension contributions increased from 6.5 per cent to 9.3 per cent over the next three years; this coming after a two - year pay freeze and the proposed two years of a maximum one per cent increase for some staff.