Sentences with phrase «undeclared income»

"Undeclared income" refers to money earned by individuals or businesses that is not reported or disclosed to the relevant authorities, such as the government or tax authorities. It is often done to avoid paying taxes or other legal obligations. Full definition
These initiatives enable a voluntary disclosure to be made of previously undeclared income and generally offer reduced penalties, compared to the position if it is HMRC that discovers the non-declared income.
Because dog breeding and reselling is entirely unregulated, it became a «cottage industry», a source of undeclared income, and often a supplement to welfare.
The Court did not accept the level of loss that the Plaintiff testified to and in doing so the Court provided the following comments highlighting the difficulty in assessing losses based on undeclared income:
[396] Her only irregular employment was as a server in bars from time to time where she earned minimum income supplemented with undeclared income from tips.
Current provisions in India's income tax law allow the government to impose a tax on such undeclared income by counting them as assets.
We can also provide tax advice when an individual wishes to approach HMRC to make a tax disclosure in relation to previously undeclared income or gains.
Now the thing you need to be informed about is while reading this is if the bank takes a hit on what you owe them they can 1099 you and the IRS considers that «undeclared income» and you have to give that to your CPA.
From one end of the state to the other, puppy producers opposed to regulations actually said that puppy sales offer them an undeclared income as they collect disability and other social service benefits.
Me Heft's practices in a wide range of areas within family law, including child custody and access, cross-border custody disputes, Hague Convention cases, financial support for spouses and children, division of matrimonial property, compensatory allowances, discovery of undisclosed assets and undeclared income, unequal division of matrimonial property, seizure before judgment, related bankruptcy and family law matters, execution of matrimonial orders, and more.
Tags: Mr. Justice Truscott, Undeclared Income, Welygan v. Willms Posted in ICBC Wage Loss Direct Link Comments Off top ^
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