Sentences with phrase «treated as an expense»

The principal repayment should not be treated as an expense; however, the cash payment that pays down the mortgage balance should be booked so that it will appear on the cash flow statement.

In a way it can be a good thing initially since you pay a lot in interest and every rupee can be treated as an expense against any revenue (rental).

An amount allowed under the Income Tax Act to be deducted from the value of certain assets and treated as an expense in computing an individual's or company's income for a taxation year.

Edit 1: What you father does with the money is treated as EXPENSE, ie spends on day to day expense or pays off your Loans or Pay off his loans have no relevance from a Tax Prespective in India.

You can deduct it now (i.e.: treat it as an expense) instead of using a credit later (which may never happen if you don't sell the property before the credit expires).

Mileage to and from the vet should also be documented and treated as an expense of the business.

It would accrue day to day and it would be treated as an expense of the administration (or liquidation).

Actually, these charges should be treated as expenses of the law firm, should be disclosed in advance and approved by the client, and should be passed through to the client at the firm's actual cost, without markup or profit to the firm.

When premium paid is treated as an expense: - When premium paid is treated as an expense the it is closed every year by transferring to profit and loss account.

Premiums are paid by the company and treated as an expense.

The premium for this insurance is paid by the company and treated as an expense.

Not exact matches

As the company's Chief Talent Officer, she helped build a corporate culture with no limits on vacation, a five - word expense policy and a belief that employees should be treated as adultAs the company's Chief Talent Officer, she helped build a corporate culture with no limits on vacation, a five - word expense policy and a belief that employees should be treated as adultas adults.

It would be treated as a capital expense under the income tax act.

Then, the company repays the loan by making annual payments through the ESOP, treating the payments as they would any other employee - benefit expense.

One way to treat a joint bank account is like a mutual money pot for household bills and other expenses, such as groceries and vacations.

For equipment costing up to $ 500,000, your company can treat it as a business expense in the year that it was bought.

In addition, during the period from July 1 through December 31, the interest expense allocated to the investment expenditure is a debt, the proceeds of which are treated as used to make an investment expenditure.

Insurance and financial companies are permitted to treat the buildup of liquid reserves as an «expense» against hypothetical losses.

Except for expenses paid to or on behalf of the executive officer to move household goods and sell his or her home, the benefits described above are treated as taxable income to the executive.

This shows that if we make a non-productive investment but refuse to write it down, we are effectively capitalizing an expense (i.e. treating an expense as if it were a valuable asset).

To avoid this Western fiscal / financial problem, China should avoid treating interest as a tax deductible expense in calculating the land's taxable yield (or that of industry, for that matter).

They're treated the same as any other expense.

Instead of being accounted for as «earnings», the money deployed into these maintenance activities should have been treated as part of the expense of doing business.

K — 12 tuition of up to $ 10,000 per student per year at a public, private, or religious school can also be treated as a qualified education expense with respect to the federal tax benefit.

This strategy works even though you are the one paying the educational expenses, as the payments are considered gifts to your child, and then treated as if they paid the expenses when claiming the tax credit.

Account owners can treat K - 12 withdrawals as qualified expenses with respect to the federal tax benefit.

Whitehead protests that while one may choose to use such a notion as a helpful abstraction, one can treat such absolute time as an actuality equal to all other actualities only at the expense of coherence.

Receiving Pizza Hut donations from her local food pantry are a huge help so she can focus on paying other expenses, plus the pizza serves as a nice treat and sense of comfort for her family.

Liabilities in respect of expenses identified under subsection (1)(a) must be treated as having been vested in the Electoral Commission on 1 July 2012.

We have begun to treat the expenses scandal as if it was the start of something.

Expenses are treated as salary, and little attempt is made to explain that the bulk of expenses actually go on secretarial and researcExpenses are treated as salary, and little attempt is made to explain that the bulk of expenses actually go on secretarial and researcexpenses actually go on secretarial and research staff.

By imposing third - party reporting of expenses, a VAT system reduces tax evasion relative to a self - reported income tax system like that used in the U.S. where the IRS periodically audits business expenses, but there is widespread abuse in the area of business expenses (especially in small businesses that often treat what should be considered personal expenses as business expenses) due to a lack of third - party reporting of business expenses the way that it has third - party reporting of business income via 1099 information tax returns.

I don't burn candles often so the price isn't an issue for me really... it's not a normal expense so I see it as a treat.

A sugar daddy in Sydney will always have various options to choose from, but they are usually not looking for someone who treats sugar daddy dating as an all expenses paid joyride.

It's not a true test as reality shows go: after all, there are no stakes for the retarded heiresses asked to spend five weeks living the titular life who don't treat the stunt as an opportunity to improve themselves but as one to mess around at the expense of people for whom there is something at stake — like livelihood.

Gondry's Mood Indigo, based on Boris Vian's 1947 novel «L'Ecume des jours» (or «Froth on the Daydream»), stars Audrey Tautou as Chloë, a woman who marries an inventor but falls ill during their honeymoon thanks to a water lily that enters her lung, and the only way to treat the ailment is to surround her with fresh flowers — an expense that soon drains his funds.

One refreshing element is that there are very few skeptics in the film; the Warrens are treated as legitimate experts, with only the occasional crack at their expense.

Kenneth Branagh's introduction to the cast as the flamboyant Gilderoy Lockhart was brilliant, as the audience is treated to many laughs at his expense.

I want to be clear, I'm treating my writing as a business and I'm listing my expenses so I can have a true view into what it takes to get the business off the ground.

Things get tricky when there are purchases and sales in the same year, but the main idea is that it's important to distinguish between regular expenses and capital expenses as they are treated differently for tax purposes.

In addition, medical bills paid within one year after death may be treated as having been paid by the decedent at the time the expenses were incurred.

That's because technology stocks have to treat their research spending as a day - to - day expense, much like salaries or taxes.

Eligible small oil and gas corporations (expenditures of no more than $ 15 million) will no longer be able to treat the first $ 1 million of Canadian Development Expenses (CDE — deducted at 30 %) as Canadian Exploration Expenses (CEE) after 2018 — deducted at 100 %).

In addition, I would be cautious about attempting to do this unless you actually did pay for the nonqualified expenses yourself, so you can treat the money as fungible.

While some elements of homeownership, such as mortgage interest, may be partially tax deductible, the premiums you pay for a home insurance policy are treated similarly to any other personal expense related to your home, such as a utility bill.

Too bad I can not take deductions for blogging expense because I treat it as a hobby.

Contributions exceeding six percent of the sales price or exceeding the actual cost of prepaid expenses, discounts points, and other financing concessions will be treated as inducements to purchase, thereby reducing the amount of the mortgage.

Vitally, sovereign - drawn capital for these entities should be treated as exactly that — capital — and not as an expense that would exacerbate fiscal surpluses or deficits.

Individuals should treat money as perfectly fungible when they allocate among a budget account (everyday living expenses), discretionary spending account, and a wealth account (savings and investments).

As a general guideline, the expense should cover the cost of diagnosing, preventing, curing, mitigating or treating a disease.