Sentences with phrase «receive pension credit»

«I am pleased to see that more than one million more households receive pension credit than received its predecessor.

Not exact matches

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.

«Under universal credit more people will receive support for childcare than they do now,» work and pensions secretary Iain Duncan Smith said.

Current law prescribes only veterans who have served in specific conflicts receive up to additional three years of service credit in the pension system.

· you received income support, income - based jobseeker's allowance, income related employment and support allowance or pension credit for the whole 2013 - 14 tax year, or according to HMRC data, you only have employment or occupational pension (unless you only have a temporary national insurance number or made a fresh claim in 2013 - 14 but did not provide your actual previous year income at the time)

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.

The county is prepared to honor those recommendations, which would put AFSCME employees further ahead financially since it affects how much employees receive in overtime, sick time and pension credits, Miller said.

Retired LA schools chief Ramon Cortines received pension benefits totaling a remarkable $ 238,383.67 last year, possibly through a controversial pension - spiking practice known as «air time» — the purchase of credit for time not worked.

Canadian dividends also receive a generous dividend tax credit that benefits low - income investors in particular: a retiree in Ontario whose only other source of income is the Canada Pension Plan and Old Age Security might be able to collect more than $ 20,000 a year in eligible Canadian dividends and pay no tax.

If an individual receives income from interest, dividends, pension proceeds, social security or unemployment benefits, alimony or child support, these do not count as earned income for purposes of the tax credit.

As you state you are an accountant, I thought this topic would be CRA Income Tax related as to how to create pension income in order to receive the two income tax credits and provide what CRA deems as eligible pension income....

If you're receiving income that qualifies for the pension income tax credit (see topic 90), you'll be able to allocate up to half of that income to your spouse or common - law partner (and vice versa).

If you are receiving Trade Adjustment Assistance benefits, or are receiving pension payments from the Pension Benefit Guaranty Corporation, you may be eligible for this tax pension payments from the Pension Benefit Guaranty Corporation, you may be eligible for this tax Pension Benefit Guaranty Corporation, you may be eligible for this tax credit.

Wages, salaries, tips, etc.; Taxable interest; Tax - exempt interest; Dividends; Taxable refunds, Credits or Offsets of State and Local Income Taxes; Alimony received; Business Income; Capital gains or losses; Other Gains and Losses; IRA distributions received (with certain Distribution Codes); Pensions and annuities (with determined taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign Income.

You certainly want to receive the annual $ 11,474 (in 2016) of the tax - free zone called the Basic Personal Amount, plus for those who qualify, the $ 2,000 annual Pension Credit; and for those 65 or older the $ 7,125 federal Age Credit (in 2016) further expands the tax - free or very low tax zone that many new or semi-retirees may occupy between their 60s and 71.

But consider other sources first like Canada Pension Plan (CPP)(if you haven't already applied to receive it), non-registered investments, Tax - Free Savings Accounts (TFSAs) or a home equity line of credit.

This permits you to deduct from your taxes payable a tax credit on the first $ 2,000 of pension income received.

If you retire at that age, you can expect to receive a combined total of up to $ 18,100 a year from three programs: the Canada Pension Plan (CPP) or its Quebec equivalent, Old Age Security (OAS) and the income tax age credit.

RRIF income received at or after age 65 qualifies for the pension income tax credit and has an additional advantage that couples can elect to split pension income.

You'd be able to pay your insurance premiums through our EFT payment plan, by credit or debit card, through bills received by mail, or, in some cases, by pension deduction.

If you live in the DN1 — DN14 & DN21 - DN22 postcodes and receive a means tested benefit, state pension, tax credits, are on a low income or are a full time student, you can get your pet cat neutered for just # 5 and microchipped for an additional # 5.

The litigation involves claims by pension funds or by life companies in respect of their pensions business for compensation where those claimants have received foreign income dividends which carried no right to a tax credit.

You may continue coverage without interruption, subject to policy terms and conditions.9 You'd be able to pay your insurance premiums through ExpressIT ® our EFT payment plan, or by credit / debit card **, through bills received by mail, or, in some cases, by pension deduction.

Subscribers of the Atal Pension Yojana scheme can receive alerts on regular basis in regard to the credit of contribution, account balance, and any other activities related to account, via SMS alerts.

However, where a person was in receipt of another Social Welfare benefit, which entitles them to credited contributions, immediately before qualifying for Widow's, Widower's or Surviving Civil Partner's Contributory Pension, they may continue to receive credits, provided they continue to satisfy the conditions of entitlement to the other benefit i.e. by providing evidence of continuing illness or unemployment.