Sentences with phrase «withdrawn against the tax»

I've checked the amount withdrawn against the tax invoice from our Town office, and the amount equals each other, so there are no fees taken out of our account.

Not exact matches

Annuities offer a measure of protection against market downturns, may provide a guaranteed investment return and grow tax - sheltered until you withdraw the money.

Talking of reduction or complete removal of taxes, as Akufo - Addo is promising Ghanaians, I remember how when in 1995 Jerry Rawlings wanted to introduce the Value Added Tax (VAT) on goods and services into our taxation system to increase the tax net and by that the tax revenue, Nana Akufo - Addo led massive «KUM PR3KOO» demonstrations against government in which some unfortunate demonstrators died, compelling government to withdraw the VAT, barely four months after its introductiTax (VAT) on goods and services into our taxation system to increase the tax net and by that the tax revenue, Nana Akufo - Addo led massive «KUM PR3KOO» demonstrations against government in which some unfortunate demonstrators died, compelling government to withdraw the VAT, barely four months after its introductitax net and by that the tax revenue, Nana Akufo - Addo led massive «KUM PR3KOO» demonstrations against government in which some unfortunate demonstrators died, compelling government to withdraw the VAT, barely four months after its introductitax revenue, Nana Akufo - Addo led massive «KUM PR3KOO» demonstrations against government in which some unfortunate demonstrators died, compelling government to withdraw the VAT, barely four months after its introduction.

However, political pressure from national and local politicians, as well as the threat of withdrawing tax incentives for the plant's expansion to build a second model proved too great an obstacle for the UAW to overcome, with the final vote for representation coming down 712 to 626 against the UAW, according to reports from the Chattanooga Times Free Press and Reuters.

If someone has a loan out against their policy and is handed a pink slip they often have only two months to repay the loan amount in full or they must pay taxes on the withdrawn amount even though they intended it to be a loan, not a withdrawal.

And then withdraw (up to your basis) or take out a loan against it, tax free!

The determination (besides the other quirks of each like being able to borrow against your 401k or withdraw the basis of your Roth IRA tax free) between each is mainly a bet against what your tax rate is now vs what you believe your tax rate will be when you retire.

This is because if the owner later decides to turn their PPOR into an investment property they are able to withdraw the cash from the offset account and claim all of the associated interest costs on their outstanding loan as a tax deduction (because the deductibility of interest costs are capped to the lowest principal balance the loan has ever been at whilst the property was a PPOR) whilst using the cash to offset against the new PPOR mortgage which is generating non tax - deductible interest.

I was told that the $ 787 in excess contributions for 2015 could be withdrawn and contributed against the 2016 tax year and that as long as I didn't (don't) have excess contributions in 2016 I shouldn't need to worry about claiming any excess contributions for either tax year.

In the unlikely event that a child passes away, the death benefit can be used for final expenses, or if the child requires some costly medical treatment, the cash value can always be withdrawn or borrowed against tax - free to help pay for the medical expenses.

The policy builds cash value which can be withdrawn or borrowed against via a life insurance loan tax free.

For tax purposes, most experts recommend that you borrow against the cash account rather than withdraw cash so you do not have to pay income taxes on the money.

What's more, your policy's cash value grows tax deferred and can be borrowed against or withdrawn on a tax - free basis.

Like other permanent policies, a burial insurance policy can accumulate tax - deferred cash value over time, which can be either withdrawn or borrowed against at the policy owner's discretion.

And then withdraw (up to your basis) or take out a loan against it, tax free!

The life insurance policy's cash value can be withdrawn tax free, borrowed against or surrendered.

You have to pay taxes on those premiums in exchange for a much larger tax free benefit, or a tax free loan against what would be taxed if outright withdrawn..