Sentences with phrase «relevant income year»

The trustee makes an honest administrative error when calculating the minimum pension payment in the relevant income year.

The Commissioner considers a small underpayment to be one that does not exceed one - twelfth of the minimum pension payment in the relevant income year.

Not exact matches

On the basis of my working with poor people over many years and of my study of the relevant literature, I believe that «consumption» is a better indicator of poverty than «income,» much of which is unreported, and undetectable except as evidenced in consumption.

The trustee reduces the net capital gain remaining at Step 5 of the method statement, for the relevant exempt proportion for the 2016 - 17 income year

This is because complying superannuation funds that continue using the proportionate method, and pooled superannuation trusts, may have different relevant exempt proportions for an income year.

If there is a net capital gain remaining at Step 5, that amount is reduced by the relevant exempt proportion for the 2016 - 17 income year (refer to paragraph 68B of this Ruling), to determine the assessable amount.

A trustee of a pooled superannuation trust with a relevant exempt proportion for the 2016 - 17 income year (refer to paragraph 68B of this Ruling) of 100 % should choose option one, and not option two, for any deemed capital gains under the CGT relief provisions (refer to paragraph 86A of this Ruling).

For some taxpayers, the immediate tax deduction is more important during higher income earning years and less relevant during retirement when they are in a lower tax bracket.

The form requires students and / or parents to submit any relevant financial information, including income reported during the previous tax year, financial assets owned, savings information and other related information.

Most relevant for low - income borrowers are mandatory administrative forbearances for up to five years in cases where the borrower will not be able to repay the loan within the maximum repayment term.

From 1 July 2017, you should ensure you know the balances of all your interests in accumulation phase and the value of any super income streams at the end of 30 June of the relevant year.

Instead, your modified transfer balance includes the current value of the super interest that supports the account - based super income stream at the end of 30 June of the relevant financial year.

A trustee of a pooled superannuation trust with a relevant exempt proportion for the 2016 - 17 income year (refer to paragraph 68B of this Guideline) of 100 % should choose option one, and not option two, for any deemed capital gains under the CGT relief provisions (refer to paragraph 86A of this Guideline).

If there is a net capital gain remaining at Step 5, that amount is reduced by the relevant exempt proportion for the 2016 - 17 income year (refer to paragraph 68B of this Guideline), to determine the assessable amount.

For the purposes of paragraphs 38 to 41G of this Guideline, the «relevant exempt proportion» for an income year is:

First, determine your taxable income for the relevant year.

If the relevant rules are again complied with in a following income year, this results in the commencement of a new pension.

Form 2555: If you had made a revocation relevant to foreign earned income exclusion or the housing exclusion within the last 5 (five) years, you can not use this system.

Although Tysoe J.A. explained in the examples he referred to in Lines that «it was the intention of the Legislature to give a discretion to the judge to determine what period or periods are appropriate for the determination of net income loss in all of the circumstances», once that determination is made, the legislation requires a deduction from the gross income loss to take into account the provisions of the Income Tax Act of British Columbia, the Income Tax Act of Canada and the Employment Insurance Act of Canada for the relevant year or income loss in all of the circumstances», once that determination is made, the legislation requires a deduction from the gross income loss to take into account the provisions of the Income Tax Act of British Columbia, the Income Tax Act of Canada and the Employment Insurance Act of Canada for the relevant year or income loss to take into account the provisions of the Income Tax Act of British Columbia, the Income Tax Act of Canada and the Employment Insurance Act of Canada for the relevant year or Income Tax Act of British Columbia, the Income Tax Act of Canada and the Employment Insurance Act of Canada for the relevant year or Income Tax Act of Canada and the Employment Insurance Act of Canada for the relevant year or years.

Once you are done with this, calculate your total income for the financial year and add incomes under all the 5 heads by claiming all the relevant rebates, deductions and setting - off the existing years.

The belated returns can be filed by you prior to the completion of the tax assessment year or prior to the end of any relevant income tax assessment year, whatever comes earlier.

All relevant sales and income figures are in the black, and as you can see in the table below, actually show a significant improvement year - on - year.

● 6 + years» progressive experience in handling incoming calls, providing information regarding company's products, maintaining relevant logs and answering customer queries

Where both spouses possess income, separate assessment will apply, i.e., tax credits and standard rate cut - off point will be apportioned between the spouses, subject to a review at the end of the year to ensure that any unused tax credit or relevant rate bands are given to the other spouse.

Acting as an advocate for a client has nothing to do with manipulation, but everything to do with providing industry relevant expertise designed and applied to a situation in a matter that will best provide the best possible fiduciary outcome for said client... no matter what the income for the sales rep. I have had this NLP stuff tried on me over the years, and it is very easy to spot.