Sentences with phrase «tax calculations involved»

Not exact matches

There are a lot of factors involved and each country within Europe focuses on different aspects in creating their calculation for car tax.

This involves a fair amount of guesswork, but calculations are typically based on the previous year's tax liability.

It is important to retain an experienced law firm that has significant expertise with the financial issues involved in Divorce, including property division, the valuation of assets, spousal maintenance (alimony), real estate issues, cash flow schedules, balance sheet preparation, debt division, business valuation, present value calculations for pensions, the analysis of retirement accounts and various tax issues associated with Divorce.

Therefore, the calculation involves taking the first # 30,000 (tax free under s 148 of the Income Incorporation Taxes Act 1988) and deducting it from the net figure to which the tribunal has come and then on the balance of that figure, grossing that figure up in order to ascertain what the tax bill is likely to be that the employee will face, having received that sum in his hands.

The calculation of the dependency loss involves the consideration of tax implications and various contingencies and legal principles.

As with anything else where the government is involved the calculation isn't as simple as figuring out your profit times your tax rate.