Sentences with phrase «per cent of taxpayers»

Statistics Canada's earliest data is from 1968 when about 2 per cent of taxpayers contributed to an RRSP.

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 Contributions and VAT.

Critics of the original proposal argued that income splitting would benefit only about 15 per cent of taxpayers.

By contrast, as much as 80 per cent of taxpayers in the top 0.01 per cent of income earners were CCPC owners.

Not exact matches

From 2001 to 2011, that study found that fewer than five per cent of Canadian taxpayers in the bottom half of the income scale owned at least 10 per cent of the shares in at least one Canadian - controlled private corporation (CCPC).

Back in the old days, when Uncle Sam swindled his creditors through inflation, he was burning his own taxpayers, since Americans owned over 90 per cent of US debt after World War II.

The negotiation of a «fair» agreement for taxpayers with Quebec's 430,000 public workers, whose payroll absorbed 59 per cent — or $ 37.3 billion — of government spending in 2013 - 14.

The net result was that 81 per cent of middle - class taxpayers saw their taxes rise, and on average pay $ 840 more annually.

The exception is homeowners who were forced to purchase taxpayer - backed mortgage default insurance from Canada Mortgage and Housing Corp. (CMHC), or its main private sector rival Genworth Canada, because they put down less than 20 per cent of their home's value.

Residents of the district already pay a tax rate of 74 cents per $ 100 of equalized assessed valuation, one of the highest around, and there are questions of what will happen when the number of taxpayers decreases.

The leader of the Liberal Democrats said the cut in the rate of VAT to 15 per cent, which cost taxpayers # 12.5 billion, should have been used to fund a green investment programme instead.

While full reimbursement is clearly preferable, tax relief on employment expenses at least returns a fraction (20 per cent, 40 per cent or 45 per cent, depending on whether the employee is a basic, higher or additional rate taxpayer) of the cost of the expense to the employee.

It means, in a finely balance case, a GAAR Panel or court might be more lenient towards the taxpayer because of the harsh consequences of the 60 per cent of the tax at stake penalty.

We have committed nearly # 1.5 bn of taxpayers» money to go to Arts Council England (ACE) over the next four years, with the budget for funding arts organisations, ACE's core business, reduced by less than 15 per cent.

And he backed a «straightforward» ten per cent levy on the profits of all banks which had benefited from taxpayers» money.

Despite increased fines and publicity, around a million registered SA taxpayers failed to file on time this year — nearly 10 per cent of all SA taxpayers.

MPs have warned taxpayers are likely to be forced into paying 95 per cent of the overspend, leaving officials at City Hall keen to move on from the disastrous PPP as a result.

Matthew Elliott, chief executive of the TaxPayers» Alliance, said it would be «completely inappropriate» for MPs to approve a 2.56 per cent pay rise.

«Since 2009, taxpayer funding for teaching and learning has increased by 71 per cent, twice the rate of growth in the economy,» Mr Birmingham said.

The effect of the planned changes is expected to grow direct funding to universities for teaching, learning and research from $ 10.7 billion in 2017 by 8 per cent to $ 11.5 billion in 2021, and taxpayer - backed student loans paid to universities from $ 6.4 billion to $ 7.4 billion, meaning a total funding increase of 11 per cent, if universities maintained their current enrolment patterns.

Drugs for Type II Diabetes alone, a condition linked directly to obesity and unhealthy lifestyles, now accounts for 8.4 per cent of the NHS medicines bills, a cost of # 725 million a year of taxpayer's money.

Meriden spends $ 14,018 per student and its taxpayers pay nearly 41 cents of every dollar in the city's education budget (amounting to $ 5,423 per student).

Stamford spends $ 18,570 per student and its taxpayers pay nearly 86 cents of every dollar in the city's education budget (amounting to $ 14,919 per student).

New Britain spends $ 13,391 per student and its taxpayers pay nearly 32 cents of every dollar in the city's education budget (amounting to $ 4,002 per student).

Windham spends $ 18,372 per student and its taxpayers pay nearly 27 cents of every dollar in the city's education budget (amounting to $ 6,452 per student).

New London spends $ 16,753 per student and its taxpayers pay nearly 30 cents of every dollar in the city's education budget (amounting to $ 4,635 per student).

New Haven spends $ 18,091 per student and its taxpayers pay nearly 28 cents of every dollar in the city's education budget (amounting to $ 4,213 per student).

Norwich spends $ 16,622 per student and its taxpayers pay nearly 43 cents of every dollar in the city's education budget (amounting to $ 6,747 per student).

For the 40 per cent taxpayer, opting for an ST - Line Edition powered by a 148bhp 2.0 TDCi diesel will bring buyers savings of # 720 over three years.

Expect a Benefit - in - Kind rate of 24 per cent, which means a tax bill of # 3,138 for higher rate taxpayers.

Taking the 3.0 TDV6 Autobiography as a company car would mean BIK rates of 37 per cent and an annual tax cost for a 40 per cent taxpayer of around # 14.5 k (# 16.5 k for a 45 per cent taxpayer).

The good news is that, as a self - employed taxpayer (or their spouse or partner), you actually have until June 15, 2018 to file your return; however, any taxes owing for 2017 must still be paid by April 30, 2018 to avoid non-deductible arrears interest, charged at the current prescribed rate of 6 per cent.

The successive Kathleen Wynne government went a step further: in the 2014 budget, it increased personal income tax rates on the top two per cent of Ontario taxpayers.

The net result was that 81 per cent of middle class taxpayers saw their taxes rise, and on average pay $ 840 more annually.

This could put taxpayers in an over-contribution situation and subject them to a penalty tax of one per cent per month on the amount of their over-contribution.

In future, average tax rates will still be higher for most taxpayers under Turnbull's tax plan, but there's one exception: the top 10 per cent of income earners.

According to the Wikipedia article on wind power generation in Iowa, the industry is subsidized by a one cent per KwH tax credit, plus property and sales tax breaks for generation facilities and equipment, plus unenumerated but presumably meaningful support by taxpayers of other states in the form of federal subsidies.

Renewable source generation costs 26 cents per kilowatt - hour, and it receives subsidies of 4 cents per kilowatt - hour from the taxpayers.»

A study published by researchers at Harvard in 2011 found that the full life cycle cost of coal power is between about 9.5 and 27 cents per kilowatt - hour, most of which is paid by taxpayers in the form of increased health - related costs.

«However, unlike the LTB, which spends literally two - thirds of its operational hours and its taxpayers - financed budget adjudicating non-payment of rent (about 90 per cent of all filed LTB complaints are from landlords, of which about 75 per cent are for non-payment of rent), about 85 per cent of the IEU's complaints are from tenants» Perhaps something could be done to save tax paying public money by addressing «non-payment of rent» issue in a totally different format.

John Wright, senior vice-president for Ipsos Public Affairs presented the results, which indicate that 70 per cent of Torontonians approve of the overall performance of Toronto Mayor Rob Ford, and that 65 per cent believe that Toronto City Council is on the right track managing taxpayer dollars.