Allowance
91Personal allowance — UK residents receive the first portion of their income free from tax. This is known as their personal allowance. Earnings above the personal allowance are taxable according to how much is earned.The personal allowance for the tax year 2005 06 for …
92Landfill Allowance Trading Scheme — The Landfill Allowance Trading Scheme, LATS, is an initiative by the UK government, through DEFRA to help reduce the amount of biodegradable municipal waste (BMW) sent to landfill. [ [http://www.defra.gov.uk/Environment/waste/localauth/lats/intro …
93tenant allowance — USA In a leasing context, a specified dollar amount provided by the landlord for use by the tenant for a specific purpose. Generally, a landlord provides the tenant with a tenant allowance to encourage the tenant to lease the premises. A tenant… …
94Overseas housing allowance (United States military) — An overseas housing allowance (OHA) is a United States military entitlement given to military servicemen and women living overseas. It is the overseas equivalent of the Basic Allowance for Housing. Contents 1 How it works 2 Additional Allowances… …
95First-Year Allowance — A U.K. tax allowance that permits British corporations to claim on eligible plan or machinery purchases. The allowance can only be claimed during the first year of the equipment purchase. The allowance helps corporations offset a portion of their …
96Settling-In Allowance — Money given to a person who has relocated for work to help them meet their immediate financial obligations upon moving. The settling in allowance may be given as a lump sum or may be reimbursed upon submission of related receipts. A settling in… …
97personal allowance — In the fiscal year 1998/99, this comes to £4,195. The first £4,195 of an individual s income is covered by the personal allowance and is not liable to income tax. Dresdner Kleinwort Wasserstein financial glossary * * * personal allowance personal …
98entertainment allowance — ➔ allowance * * * entertainment allowance UK US noun [C] ACCOUNTING ► an amount of money that an employee is given to pay for taking customers or possible customers out to restaurants, bars, etc.: »The mayor s allowance of €33,000 includes an… …
99investment allowance — inˈvestment alˌlowance noun [countable] ACCOUNTING another name for capital allowance: • a temporary 15% first year investment allowance for purchases of new equipment * * * investment allowance UK US noun [C] ACCOUNTING, TAX ► …
100age allowance — The personal allowance available to taxpayers aged 65 and over. The age allowance for taxpayers aged 65–74 is £7090 and for those 75 and over is £7220, for 2005–06. There is an income limit of £19,500 for age allowance. The allowance is reduced… …
