Sentences with phrase «upon the income taken»

Unlike most life insurance policies, the amount of death benefit will often depend upon the income taken from the contract.

Not exact matches

If such a sale or disposition takes place in the year in which the participant exercises the option, the income recognized upon the sale or disposition of the shares will not be considered income for alternative minimum tax purposes.

Staring ahead at years upon years of student loan payments can be depressing, and programs that can cancel out that debt — like Public Service Loan Forgiveness (PSLF) and income - driven repayment — take a decade or more to forgive the loans.

Diapers are often dismissed to taking the backseat to immediate concerns for low - income families, like for rent and food, but upon closer inspection they are an essential health asset.

Since the three main Westminster political parties all endorse the conclusions of Sir Ian Wood's recent review on how to maximise the economic recovery of oil and gas from the UK Continental Shelf (Search for UKCS Maximising Recovery Review Final Report, here), and its tacit underlying fiscal premises (namely that there is a need for a simplified fiscal regime to incentivise investment and drilling activity, as well as to ease the burden upon the new regulator of the upstream sector), it does not take the gift of prophecy to appreciate that the ultimate outcome of this subsequent review on the shape of the UK fiscal regime seems foreordained; namely, a return to the situation that prevailed before the introduction of SC, whereby the only levy on income from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and Aincome from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and AIncome Tax at the standard rate levied on the likes of Starbucks and Amazon.

LITRG's Chairman, Anthony Thomas, said: «Whilst we acknowledge that collecting the Class 2 NIC at the same time as self - assessment liabilities may reduce administration time, it must be similarly acknowledged that it is incumbent upon HMRC to take into account the needs and challenges faced by those on low incomes.

The Social Liberal Forum now calls upon Dr. Cable, and all Liberal Democrat MPs, to continue to press for a system that ensures the abolition of student tuition fees, the reduction of student debt and their replacement with a graduate contribution, varying progressively with income and set at levels which do not deter students from taking less well paid, but socially beneficial, post-graduate employment.

«How much an employer afford to pay is based upon his or her income; that will have to be considered, and that is why I mentioned trade unions, employers, and government would have to take a look at the way we negotiate and engage with one another.»

It is an uprising of families and civically minded individuals who took it upon themselves to ensure that today's and tomorrow's low - income kids have better opportunities than did yesterday's.

The last few years have brought long - overdue attention to the needs of high - achieving, low - income students, as well as new initiatives to ensure that they have opportunities to take rigorous coursework in high school and apply to selective colleges upon graduation.

Now, you may be getting a take home salary of Rs. 55,000 by adding all these components, but what you may not be aware of is that the lenders do not consider things such as medical allowances or LTA into consideration while calculating your loan eligibility based upon your net income.

One of the programs that many students take advantage of upon graduating from college is income based repayment.

For example, you can take out a policy on your life when your children are young and dependent upon your income, but the policy will still pay out to them 20 years later when they are no longer your financial responsibility.

And don't forget, just as it took decades to accumulate that wealth, you may be drawing upon this income for decades in retirement.

You might also ask if your annuities income rider will allow you to take an income based upon the annuity owner's life or can it provide a dual payout for both of the spouses?

Another issue that you might want to take into account is that depending upon what someone does for a living, they income might not be stable, but it might not be an issue.

Post-Secondary Education payments (or capital withdrawals) are taken from the contributions you've made with your after - tax income, so there is no more tax owing upon withdrawal.

Taking daily bike rides around the hamlet, de Kooning relished the sea spray of the incoming waves as they crashed upon the shore, and he spent long afternoons pondering the large - scale canvases in his studio as the late afternoon light caressed everything it touched.

Post Termination Job Search Many persons facing sudden termination will be shocked to learn that there is a legal obligation upon them to look for replacement income, should legal action be taken against the company for the failure to provide proper notice of termination.

But since they're taxed as income, that means more money taken out upon withdrawals, lessening the value of your account and offsetting your earnings.

If you died today, and your spouse no longer had your income to rely upon, would the amount in your savings be enough to take care of them?

«Martin decided to take a lower monthly payout on his pension so upon his passing his wife would receive a monthly death benefit to keep her income stream intact.»

May 2008 — Jun 2009 Colwen Hotel — Worcester, MA Front Desk Clerk • Greeted all guests upon arrival and ensured a fast and professional check - in process • Handled incoming calls through PBX console • Reviewed accounts and charges with guests in the check out procedure • Verified customer's identification and credit for stay • Assigned room keys • Answered inquiries related to hotel services and amenities • Took messages and ensured their quick delivery

Even if you were the spouse who managed the money in your marriage, making a budget based upon what you «think» or «remember» your income and expenses to be, without taking the time to double - check your numbers, can cause your budget to be complete garbage.

As a result, these dangerous provisions would take away health care relied upon by millions of women, disproportionately impacting low - income women and women of color and exacerbating already unacceptable health care disparities.»

The popularity of common area extras is based upon the concept of taking an otherwise unused space and generating additional income for the shopping center.

• They are considerably less risky than investments in properties that are vacant and produce no income upon acquisition; in such a case the investor takes significant risk as he / she does not know when a tenant will be found and when found what the exact income of the property will be

All income on a paystub is considered, taxes paid are part of income, cafeteria plans have nothing to do with food and are part of income, there is a minimum time on a job based upon profession which is required to use as income, social security can be grossed up, unemployment income can not be used, etc... The debt - to - income ratio analysis (see below for sample) by www.screenthetenant.com takes current underwriting guidelines into consideration and combines it with theprojected housing payment then calculates if for a future date such as 18 months from now.