Additional Personal Allowance
- Additional Personal Allowance
- In the United Kingdom, an extra deduction as set forth by HM Revenue & Customs (HMRC) on income tax returns that can be claimed by single, separated or widowed individuals who are not eligible to receive the married couple allowance and who are financially supporting a child under the age of 16.
The allowance also permits men to claim the additional allowance if an incapacitated wife is living in the household and there is a qualifying child under the age of 16 living with them, provided the wife is totally incapacitated throughout the year. The additional personal allowance provides tax relief to tho those who qualify. A qualifying child is a child of the claimant or a child that is supported and cared for by the claimant.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
allowance — al‧low‧ance [əˈlaʊəns] noun 1. [countable] an amount of money that someone is given regularly or for a special reason: • She earns a package worth $1 million, including a $15,000 clothing allowance. ˌcost of ˈliving alˌlowance [countable] HUMAN… … Financial and business terms
Personal pension scheme — A Personal Pension Scheme (PPS), sometimes called a Personal Pension Plan (PPP), is a UK tax privileged individual investment vehicle, with the primary purpose of building a capital sum to provide retirement benefits, although it may also be used … Wikipedia
Personal carbon trading — Part of a series on Green economics Concepts … Wikipedia
allowance — al•low•ance [[t]əˈlaʊ əns[/t]] n. v. anced, anc•ing 1) the act of allowing 2) an amount or share allotted or granted: a dietary allowance of 900 calories a day[/ex] 3) a sum of money allotted for a particular purpose 4) a sum of money allotted on … From formal English to slang
Personal Equity Plan — In the United Kingdom a Personal Equity Plan was a form of tax privileged investment account. They were introduced by Nigel Lawson in the 1986 budget for Margaret Thatcher s Conservative government to encourage equity ownership among the wider… … Wikipedia
Disabled students allowance — Disability Theory and models … Wikipedia
Self-invested personal pension — A Self Invested Personal Pension (SIPP) is the name given the type of UK government approved personal pension scheme, which allows individuals to make their own investment decisions from the full range of HM Revenue Customs (HMRC) approved… … Wikipedia
ДОПОЛНИТЕЛЬНЫЕ ЛИЧНЫЕ СКИДКИ С ПОДОХОДНОГО НАЛОГА — (additional personal allowance) Дополнительные личные скидки с подоходного налога (personal allowance) предоставляются одиноким людям, имеющим на иждивении ребенка, или женатым мужчинам, имеющим на содержании ребенка определенного возраста и… … Финансовый словарь
дополнительные личные скидки с подоходного налога — (personal allowance) предоставляются одиноким людям, имеющим на иждивении ребенка, или женатым мужчинам, имеющим на содержании ребенка определенного возраста и полностью нетрудоспособную жену. Ребенком на иждивении считается либо ребенок,… … Справочник технического переводчика
ДОПОЛНИТЕЛЬНЫЕ ЛИЧНЫЕ СКИДКИ С ПОДОХОДНОГО НАЛОГА — (additional personal allowance) Дополнительные личные скидки с подоходного налога (personal allowance), предоставляемые одиноким людям, имеющим на иждивении ребенка до 16 лет, или женатым мужчинам, имеющим на содержании ребенка указанного… … Словарь бизнес-терминов
