non-taxable income

Nontaxable Income Can Be Grossed Up For Mortgage Approvals

non-taxable income

Income. We all want it, and it comes in many forms: salary, hourly, self-employed, child support, alimony, rental income, retirement, and more. Additionally, each of these breaks down into subcategories. Check the IRS website, and you will see what seems an endless list of income types. There’s one income group that creates advantages and sometimes confusion: Nontaxable income.

What is Nontaxable Income?

It is a form of income paid to an individual where the gross income equals the net. The amount received is not taxed at the federal or the state level. Many people receive one of these tax-exempt incomes. In addition to no taxation, there is a little-known advantage when it comes to qualifying for a mortgage loan to purchase, renovate, or refinance a home.

Certain income types are never subject to income taxes, yet some depend on the scenario. For instance, social security is often a type of nontaxable income. Although at a certain total income level, it becomes taxable. Below is a list of common nontaxable forms of income:

  • Disability insurance payments
  • Life insurance payouts
  • Tax-exempt interest
  • Housing allowance
  • Auto allowance
  • Railroad retirement income
  • Military combat pay – some LES income is nontaxable
  • Foster care income
  • Child support

When it comes to mortgage qualification, home loan programs and lenders care about income history and the lihood of continuance. Lenders must ensure a borrower’s ability to repay. If a particular type of income will end soon, it should not count toward qualification.

However, there are protected classes on this list. One example includes a borrower’s disability income. Lenders may not require proof of disability continuance through a doctor’s note. Conversely, certain payouts or child support have a termination date.

These would be verified.

There must be sufficient history to count certain forms of nontaxable income. Examples include foster care income, auto allowance, or pastoral housing allowance. In the end, lenders must first determine if the income type is allowed. If the income is acceptable, then comes a nontaxable income bonus: Grossing up income!

So, if a borrower’s income is allowed and is considered nontaxable, home loan programs allow a higher amount for qualification. That’s right! Lenders may use a higher amount than the actual nontaxable income amount.

This practice is known as grossing up income, and it can significantly improve the chance of loan approval.

Additionally, it is allowed for all major agency loan products included under VA, USDA, FHA, plus Fannie Mae and Freddie Mac conventional loans.

The income grossing up process involves multiplying the tax-exempt income times a percentage. 15% or 25% are the industry standard allowed gross up percentages. For easy numbers, here is an example.

Assume a $1,000 nontaxable income and a gross up percentage of 25%, which is $250. Next, add the income plus the calculated grossed up income together, which is $1,250.

Then, the total grossed up income is used to qualify the borrower.

As mentioned, not all loan programs use the same percentage to gross up income.

FHA Loan

FHA loans allow nontaxable income to be grossed up 15%.

USDA Loan

USDA loans allow nontaxable income to be grossed up 25%.

Conforming Loan

Conforming loans allow this tax-exempt income to be grossed up 25%

VA Loan

Recently, VA clarified their stance on gross up income. Now, VA loan programs allow grossing up 25%.

Down Payment Assistance Programs

Down Payment Assistance programs go by the first mortgage loan type. So, an FHA first mortgage would be 15%, and everything else would be 25% unless a higher percentage is allowed for a VA first mortgage.

The gross up amount depends on the level of nontaxable vs. taxable income as totals. Lenders who use the Nontaxable Income Worksheet may figure a better income for helping borrowers qualify. We use it all the time to help more qualify!

Keep in mind that not all programs, lenders, or scenarios treat nontaxable income the same. So, this may vary, and even some may not use the fully allowed income. Check with OVM Financial about qualifying with your income!

OVM Financial or its affiliates do not provide tax, legal or accounting advice. This material is for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisers before engaging in any transaction.

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By OVM Financial Mortgage Writer/Blogger

Источник: https://www.ovmfinancial.com/non-taxable-income/

What is Taxable and Nontaxable Income?

non-taxable income

You can receive income in the form of money, property, or services. This section discusses many kinds of income that are taxable or nontaxable.

It includes discussions on employee wages and fringe benefits, and income from bartering, partnerships, S corporations, and royalties. The information on this page should not be construed as all-inclusive.

Other steps may be appropriate for your specific type of business.

Generally, an amount included in your income is taxable unless it is specifically exempted by law. Income that is taxable must be reported on your return and is subject to tax. Income that is nontaxable may have to be shown on your tax return but is not taxable. A list is available in Publication 525, Taxable and Nontaxable Income.

Constructively-received income. You are generally taxed on income that is available to you, regardless of whether it is actually in your possession.

A valid check that you received or that was made available to you before the end of the tax year is considered income constructively received in that year, even if you do not cash the check or deposit it to your account until the next year.

  For example, if the postal service tries to deliver a check to you on the last day of the tax year but you are not at home to receive it, you must include the amount in your income for that tax year.

  If the check was mailed so that it could not possibly reach you until after the end of the tax year, and you could not otherwise get the funds before the end of the year, you include the amount in your income for the next year. 

Assignment of income.  Income received by an agent for you is income you constructively received in the year the agent received it.  If you agree by contract that a third party is to receive income for you, you must include the amount in your income when the party receives it. 

Example. You and your employer agree that part of your salary is to be paid directly to your former spouse.  You must include that amount in your income when your former spouse receives it. 

Prepaid income.  Prepaid income, such as compensation for future services, is generally included in your income in the year you receive it.

  However, if you use an accrual method of accounting, you can defer prepaid income you receive for services to be performed before the end of the next tax year.

  In this case, you include the payment in your income as you earn it by performing the services. 

Employee Compensation

Generally, you must include in gross income everything you receive in payment for personal services. In addition to wages, salaries, commissions, fees, and tips, this includes other forms of compensation such as fringe benefits and stock options. 

You should receive a Form W-2, Wage and Tax Statement, from your employer showing the pay you received for your services. 

Childcare providers.  If you provide child care, either in the child's home or in your home or other place of business, the pay you receive must be included in your income.

  If you are not an employee, you are probably self-employed and must include payments for your services on Schedule C (Form 1040 or 1040-SR), Profit or Loss From Business.

 You generally are not an employee unless you are subject to the will and control of the person who employs you as to what you are to do and how you are to do it. 

Babysitting.  If you babysit for relatives or neighborhood children, whether on a regular basis or only periodically, the rules for childcare providers apply to you.

Fringe Benefits

Fringe benefits you receive in connection with the performance of your services are included in your income as compensation unless you pay fair market value for them or they are specifically excluded by law.  Abstaining from the performance of services (for example, under a covenant not to compete) is treated as the performance of services for purposes of these rules. 

Recipient of fringe benefit.  You are the recipient of a fringe benefit if you perform the services for which the fringe benefit is provided.

  You are considered to be the recipient even if it is given to another person, such as a member of your family.  An example is a car your employer gives to your spouse for services you perform.

  The car is considered to have been provided to you and not your spouse. 

You do not have to be an employee of the provider to be a recipient of a fringe benefit. If you are a partner, director, or independent contractor, you can also be the recipient of a fringe benefit. 

Business and Investment Income

Rents from personal property. If you rent out personal property, such as equipment or vehicles, how you report your income and expenses is generally determined by:

  • Whether or not the rental activity is a business, and
  • Whether or not the rental activity is conducted for profit.

Generally, if your primary purpose is income or profit and you are involved in the rental activity with continuity and regularity, your rental activity is a business.  See Publication 535, Business Expenses, for details on deducting expenses for both business and not-for-profit activities.

Partnership Income

A partnership generally is not a taxable entity. The income, gains, losses, deductions, and credits of a partnership are passed through to the partners each partner's distributive share of these items. For more information, refer to Publication 541.

Partner's distributive share.  Your distributive share of partnership income, gains, losses, deductions, or credits generally is the partnership agreement.

You must report your distributive share of these items on your return whether or not they actually are distributed to you.

However, your distributive share of the partnership losses is limited to the adjusted basis of your partnership interest at the end of the partnership year in which the losses took place.

Partnership return. Although a partnership generally pays no tax, it must file an information return on Form 1065, U.S. Return of Partnership Income. This shows the result of the partnership's operations for its tax year and the items that must be passed through to the partners.

S Corporation Income

In general, an S corporation does not pay tax on its income.

Instead, the income, losses, deductions, and credits of the corporation are passed through to the shareholders each shareholder's pro rata share.

You must report your share of these items on your return. Generally, the items passed through to you will increase or decrease the basis of your S corporation stock as appropriate.

S corporation return. An S corporation must file a return on Form 1120S, U.S. Income Tax Return for an S Corporation.

This shows the results of the corporation's operations for its tax year and the items of income, losses, deductions, or credits that affect the shareholders' individual income tax returns.

For additional information, see the Instructions for Form 1120S PDF.

Royalties

Royalties from copyrights, patents, and oil, gas and mineral properties are taxable as ordinary income. 

You generally report royalties in Part I of Schedule E (Form 1040 or Form 1040-SR), Supplemental Income and Loss.  However, if you hold an operating oil, gas, or mineral interest or are in business as a self-employed writer, inventor, artist, etc., report your income and expenses on Schedule C.

For additional information, refer to Publication 525, Taxable and Nontaxable Income.

Virtual Currencies

The sale or other exchange of virtual currencies, or the use of virtual currencies to pay for goods or services, or holding virtual currencies as an investment, generally has tax consequences that could result in tax liability. This guidance applies to individuals and businesses that use virtual currencies.

Bartering 

Bartering is the exchange of goods or services. Usually there's no exchange of cash. An example of bartering is a plumber exchanging plumbing services for the dental services of a dentist.

Bartering doesn't include arrangements that provide solely for the informal exchange of similar services on a noncommercial basis (for example, a babysitting cooperative run by neighborhood parents).

You must include in your income, at the time received, the fair market value of property or services you receive in bartering. For additional information, refer to Tax Topic 420 — Bartering Income.

Источник: https://www.irs.gov/businesses/small-businesses-self-employed/what-is-taxable-and-nontaxable-income

Taxable and non-taxable income

non-taxable income

  • Non-taxable income
  • Taxable income
  • Tax allowances and tax reliefs

It is important to know what income is non-taxable and can be ignored for tax purposes.

You only pay tax on your taxable income so you do not want to include any non-taxable income in your calculations.

You do not have to tell HM Revenue and Customs (HMRC) about income which is non-taxable so you leave it off tax returns and any other forms HMRC sends you asking about your taxable income. When you are working out your taxable income you also need to know about tax allowances and tax reliefs.

The following types of income are non-taxable.

Welfare benefits

The following benefits are non-taxable, so you can ignore them for tax purposes:

  • Attendance Allowance
  • Lump sum bereavement payments
  • Bereavement Support Payment
  • Best Start Grant
  • Child Benefit. While Child Benefit is not taxable, if your household receives it and someone in your household has taxable income of over £50,000, they may have to pay extra tax from 7 January 2013. Find out more about the extra tax charge on GOV.UK.
  • child dependency additions paid with Carer’s Allowance, Incapacity Benefit, State Retirement Pension and Widowed Parent’s Allowance
  • Child Tax Credit
  • Child Winter Heating Assistance
  • Christmas bonus for pensioners
  • Cold Weather Payments
  • Council Tax Reduction
  • Disability Living Allowance
  • Employment and Support Allowance (Income-related)
  • Funeral Support Payment
  • Guardian’s Allowance
  • Health costs, including eye tests, prescriptions, travel under the Hospital Travel Costs Scheme
  • Housing Benefit
  • Income Support, unless you are on strike when you claim
  • Industrial Injuries benefits including Disablement Benefit, Reduced Earnings Allowance, Constant Attendance Allowance and Exceptionally Severe Disablement Allowance
  • Job Start Payment
  • Maternity Allowance
  • One-parent Benefit, only available if your claim was made before April 1997
  • Pension Credit
  • Personal Independence Payment
  • Return to Work Credit
  • Severe Disablement Allowance, only available to claimants who were claiming before April 2001
  • Social Fund payments including budgeting loans, funeral expenses payments and Sure Start Maternity grants
  • Universal Credit
  • War Disablement Pension, including allowances
  • War Widow’s/Widower's pension
  • Winter Fuel Payments
  • Young Carer Grant.

Interest and income from savings and investments

Interest from the following types of savings and investments is non-taxable, so you can ignore it for tax purposes:

  • Child Trust Fund
  • National Savings and Investment (NS&I) Certificates
  • Individual Savings Accounts (ISAs)
  • Tax Reserve Certificates
  • withdrawals from insurance policies or investment bonds of up to 5% of the amount originally invested.

Other income which is non-taxable

Other types of income which are non-taxable and can be ignored for tax purposes include:

  • adoption allowances paid by a local authority or approved adoption agency
  • Child Tax Credit
  • childcare vouchers up to a value of £55 a week
  • work-related training courses
  • educational grants and student loans, including the parental contribution and scholarships
  • Education Maintenance Allowance (there are separate allowances for England, Wales, Scotland and Northern Ireland)
  • eye tests, prescription charges and help with other health costs
  • fares to school
  • Higher Education Student Support grant (there are separate grants for England, Wales, Scotland and Northern Ireland)
  • HM forces – mess and ration allowances
  • foster care receipts below specified limits
  • bravery awards – annuities and additional pensions paid to holders of the Victoria Cross, George Cross and most other bravery medals are non-taxable
  • holocaust victims – compensation
  • home improvement grants from your Local Authority
  • hospital patients’ travelling expenses under the Hospital Travel Scheme
  • housing grants from your Local Authority
  • compensation or damages awarded for personal injuries whether received in one lump sum or over a period and whether awarded by a court or court settlement
  • interest up to the time of judgment awarded by a court on compensation or damages for personal injuries
  • jurors’ financial loss allowance, if the juror is an employee
  • life assurance policies – certain bonuses and profits
  • long service awards to employees after 20 years of service, where the gift does not exceed £50 for each year of service and where the gift is tangible, for example a clock or shares in a company. A cash award is usually taxable unless it is a one-off payment which is not included in your contract of employment
  • maintenance payments received from a spouse or civil partner
  • miners’ free coal or cash in lieu of coal
  • certain pensions. Voluntary pensions which are not connected to a past job and to which you contribute annually are tax-free. Disability pensions of members of the armed forces are tax-free. Any pension awarded to you as an employee on retirement because of an injury at work is tax-free
  • German and Austrian annuities and pensions for victims of Nazi persecution
  • lump sum pension payments (maximum 25% of the capital value up to a certain limit
  • compensation and interest for mis-sold personal pensions taken out between 29 April 1988 and 30 June 1994 inclusive
  • insurance benefits paid to you if you are sick, disabled or unemployed to meet your financial commitments, for example, benefits paid under mortgage protection insurance, permanent health insurance, payment protection (creditor) insurance and long-term care insurance
  • strike pay and unemployment pay from trade unions
  • premium bond prizes, winnings from the National Lottery and football pools, and from betting for example, horse racing
  • property income — the first £1,000 of income from renting out part of your property is tax-free, for example renting a parking space on your drive (this is separate to the Rent a Room scheme)
  • purchased annuities – capital element of the amount you receive
  • the first £30,000 of payments which are compensation for loss of a job, including statutory and contractual redundancy payments 

If you have received a payment for loss of a job and are not sure whether it should be paid tax-free, you should consult an experienced adviser, for example, at a Citizens Advice Bureau. To search for details of your nearest CAB, including those that can give advice by e-mail, click on nearest CAB

  • Rent a Room scheme – the first £7,500 of the income is tax-free
  • repayment supplement in connection with interest paid on repayment of overpaid tax
  • trading — the first £1,000 of income from trading or selling a skill is tax-free, for example selling products you have made or providing a lift share
  • Thalidomide Trust payments to victims of thalidomide
  • TV licence payment for the over 75s
  • vaccine damage lump sum payments
  • Scottish Government energy efficiency schemes, Warm Front Grant (England), Warm Homes (Northern Ireland), Energy Companies Obligation (ECO) (England, Wales and Scotland)
  • Working Tax Credit.

Some social security benefits and pensions

The following social security benefits and pensions are taxable:

  • Bereavement Allowance
  • Carer's Allowance
  • Employment and Support Allowance – contributory and youth
  • Incapacity Benefit – except for the first 28 weeks (higher rate) and those who were receiving the former Invalidity Benefit at 12 April 1995 for the same incapacity (long term)
  • Income Support paid to people who are on strike
  • industrial death benefit pensions
  • Jobseeker’s Allowance – both contribution-based and income-based up to a taxable maximum
  • State Pension
  • Widowed Mother’s Allowance
  • Widowed Parent's Allowance
  • Widow’s Pension.

Additions for dependent children paid with any of the above benefits are not taxable. An addition for a spouse or civil partner is taxable.

The following earned income is taxable:

  • bonuses
  • commission
  • expenses paid by your employer when those expenses are not totally and necessarily incurred in doing your job including travelling expenses between your home and your place of work, and expenses incurred for the care of a member of your family, such as child minding costs
  • certain foreign earnings
  • payments in lieu of wages, such as payments made by a liquidator when your company has been wound up and employees are owed earnings
  • permitted work, as part of a treatment programme under medical supervision
  • profits from self-employment
  • protective awards which may be ordered by an industrial tribunal if your employer has not given a trade union the statutory notice of redundancies or a payment which may be made to you as an ex-employee from the redundancy funds if your employer goes into liquidation
  • redundancy or leaving payments over £30,000
  • retainers. For example a payment made to you for a period when you do not carry out any actual work, such as payment made to you as an employee of the school meals service during school holidays
  • Statutory Adoption Pay
  • Statutory Maternity Pay
  • Statutory Paternity Pay
  • Statutory Sick Pay
  • tips
  • non-cash vouchers that are liable for Class 1 National Insurance Contributions
  • wages and salaries including backdated pay awards.

Occupational pension paid by a former employer

An occupational pension paid to you, as an employee by your former employer, counts as your income and is generally taxable. There are some circumstances when the income is not taxable, for example:

  • if you have retired early following an accident at work, work-related illness or war injuries, the excess pension paid to you above the normal early retirement pension is not taxable
  • if you work outside the UK as an employee, and so do not pay UK tax.

The law on tax and occupational pensions is complicated and an experienced adviser should be consulted for further details. For example, you can contact The Pensions Advisory Service (TPAS), which provides free, confidential advice on occupational pensions.

For more information about TPAS, see Further help and information in Workplace pensions.

The rules on pension lump sums are complicated and an experienced adviser should be consulted for details, for example, a Citizens Advice Bureau. To search for details of your nearest CAB, including those that can give advice by email, click on nearest CAB.

Interest on savings

You don't normally have to pay tax on interest from savings. You'll only pay tax if you get more than a certain amount of interest in a year. This amount is called your 'personal savings allowance'. Your personal savings allowance depends on your income for the year, including the interest on your savings:

You can find out how much your personal savings allowance is on GOV.UK.

You pay income tax on savings at your usual rate. For example, if you pay 20% income tax on your wages, you'll also pay 20% on any interest over your personal savings allowance.

You need to pay income tax on any interest that's above your personal savings allowance.

For example, if your personal savings allowance is £1,000 and you get £1,200 of interest, £1,000 is tax-free and you pay income tax on £200. 

Your personal savings allowance includes interest from:

  • bank and building society accounts
  • credit unions
  • National Savings and Investments
  • government and company bonds
  • life annuities
  • unit trusts, open-ended investment companies and investment trusts  

Interest on savings counts as taxable income on the date it's credited to your account. It isn't apportioned over the period when it builds up.

Other types of income which are taxable

The following other types of income are taxable:

  • taxable gains on life insurance policies
  • income from trusts and settlements
  • profits from the sale of some goods and property
  • profits from renting part of a property, property letting including second homes and from furnished holiday lettings. Rental income from lodgers up to a certain limit is entitled to tax relief under the Rent a Room scheme
  • profits on motor mileage allowances paid to volunteer drivers, for example, drivers for the hospital car service or other volunteer organisations
  • purchased annuities – the income element of the amount you receive.

For more information about taxable income, you should consult an experienced adviser, for example, at a Citizens Advice Bureau. To search for details of your nearest CAB, including those that can give advice by email, click on nearest CAB.

Personal allowances

In addition to having income that is not taxable at all, there are tax-free allowances that you take off your taxable income to reduce the amount on which you have to pay tax.

This is because nearly all taxpayers living in the UK on a day to day basis are entitled to personal tax allowances which are deducted from their taxable income.

These allowances give taxpayers a certain amount of taxable income on which they pay no tax.

For more information about personal allowances, see Income tax allowances and amounts.

Tax reliefs

Some taxpayers may be able to claim reliefs against income tax as well as allowances. Reliefs against income tax are amounts that are allowed against your tax bill because you have had to make certain outgoings, commonly in connection with your work. You can use the reliefs to reduce the amount of your taxable income so that you have less tax to pay.

For more information about tax reliefs, see Tax reliefs.

Источник: https://www.citizensadvice.org.uk/debt-and-money/tax/what-is-taxable-income/taxable-and-non-taxable-income/

What Is Non-Taxable Income?

non-taxable income

Non-taxable wages are wages given to an employee or individual without any taxes withheld (income, federal, state, etc.). However, most wages that you pay out to your employee(s) are taxable. So when are wages non-taxable?

The IRS definition of a non-taxable wage and other tax-exempt income is fairly narrow. (Please note that there are exceptions to the general guidelines so you will want to talk to your tax professional to be sure you are in compliance with the IRS.)

Gifts

Taxes on any gift are usually paid by the giver, not by the receiver. Any gift an employer gives out, therefore, is only taxable for the employer. Individuals can gift each other with a fairly large amount of money without paying taxes on it; however, employers are only allowed to give non-taxable gifts of up to $25. Any higher than that and the gift must be claimed.

Note that company bonuses and profit-sharing payments are not considered gifts and are, in fact, taxed at a higher amount than regular wages.

Disability wages

An employee who has been declared temporarily or permanently disabled may be eligible for disability pay. Disability wages generally fall under non-taxable income. However, if these disability payments come from an insurance policy where the premiums were paid by the employer, then the money will be taxed.

There are many disability payments that are not taxable. These include any payments from supplemental disability insurance paid for with after-tax money, private disability insurance, and worker’s compensation.

[RELATED ARTICLE: What Is Third Party Sick Pay? ]

Also, any damages awarded that were compensatory (not punitive) due to injury, sickness, or loss of function are not taxable.

States without income tax

Obviously, any wage earned in one of the states that does not have a state income tax is considered a non-taxable wage as far as state taxes are concerned. However, this income is still taxed by the federal government. States where all wages are non-taxable (by the state) include Alaska, Nevada, Florida, Texas, Tennessee, South Dakota, New Hampshire, Wyoming, and Washington.

Is your business incorporated? Five states (Nevada, South Dakota, Texas, Washington, and Wyoming) offer corporations a break by not taxing corporate income. They are hoping to encourage businesses to locate in their states in an effort to boost the economy.

Partnership income

Partnership income is usually non-taxable. IRS 541 explains more about taxable wages with partnerships, and has a link to Form 1065 U.S. Return of Partnership Income.

Insurance provided by the employer

Any payments an employer makes towards an employee’s insurance (of any type) are not taxed because they’re not actually considered a part of the employee’s income.

The same is true of any payment the employee makes towards their own health savings account.

It doesn’t matter if the insurance is provided by a third party or through a health reimbursement arrangement—neither type of payment is taxable.

Other non-taxable income

The following situations may not occur in the course of doing business, but the IRS includes them with non-taxable income.

Life insurance payouts

Most life insurance policies that pay out to an individual due to someone’s death may not be taxed. However, this is not true if the policy is cashed in.

In this case, any amount that the individual receives that is greater than the cost of the policy may be taxed. This only applies to policies that are paid out when the policy is redeemed for cash.

Any policy that paid out due to death is a non-taxable amount.

Scholarship and financial aid

As an employer, if you provide educational assistance to an employee, the IRS says it is non-taxable up to $5,250 a year. These benefits should not be included on your employee’s Form W-2.

As a student, you may receive scholarships, financial aid, work/study job assignments, and other types of payments through a university while studying. This type of money is often non-taxable, but it depends on how the money is used.

If it is used to pay tuition, fees, course materials, or textbooks, the money is not taxed.

If, however, the money is used to pay for room and board or if it is paid directly to the student to use however they wish, then it is taxable income.

More categories of non-taxable income

Child support payments; gifts, bequests and inheritances; welfare benefits; damage awards for physical injury or sickness; cash rebates from a dealer or manufacturer for an item you buy; and reimbursements for qualified adoption expenses.

As always, be sure to check with your tax professional or accountant to determine which wages are non-taxable.

In the meantime, keep your payroll records accurately (guaranteed!) with online payroll software from Patriot Software. It’s designed for the smallest of small businesses with the first month free…

[RELATED ARTICLE: What Is Compensation? ]

Источник: https://www.patriotsoftware.com/blog/payroll/nontaxable-wages/

Экономический словарь — значение слова Non-taxable Income (не Облагаемый Налогом Доход)

non-taxable income

Доход, не облагаемый налогом. В Великобритании к таким доходам относятся проценты по Национальным сберегательным сертификатам (Nationa! Savings Certificates), доходы, получаемые в результате Программы личных капиталовложений в британские компании (personal equity plan (PEP)) или по Освобожденным от налогов специальным сберегательным счетам (Тах Exempt Special Savings Account (Tessa)).

Смотреть значение Non-taxable Income (не Облагаемый Налогом Доход) в других словарях

Доход — Баснословный, безгрешный, большой, весомый, второстепенный, гарантированный, громадный, грошовый (разг.), дополнительный, ерундовый (разг.), заметный, колоссальный, неблаговидный,……..
Словарь эпитетов

Доход М. — 1. Деньги или материальные ценности, получаемые государством, учреждением, предприятием или частным лицом в результате какой-л. деятельности. 2. Заработок.
Толковый словарь Ефремовой

Доход — дохода, м. Денежные поступления, материальные приобретения, получаемые государством, каким-н. торгово-промышленным учреждением или частным лицом от своих предприятий,……..
Толковый словарь Ушакова

Доход — -а; м. Деньги или материальные ценности, получаемые государством, учреждением или частным лицом от какого-л. рода деятельности. Государственные доходы. Национальный……..
Толковый словарь Кузнецова

Национальный Доход — Часть годового совокупного общественного продукта (стоимость, произведенная всем народным хозяйством в течение одного года), остающаяся после вычета израсходованных……..
Политический словарь

Доход — Общеславянское слово, образованное от глагола доходити (ходити) – «приходить», современное ходить.
Этимологический словарь Крылова

Брутто-доход — — доход по капиталовложениям в ценные бумаги или недвижимость до любых вычетов, включая налоги.
Юридический словарь

Валовой Доход — — исчисленный в денежном выражении суммарный годовой доход предприятия, фирмы, полученный в результате производства и продажи продукции, товаров, услуг. В.д. определяется……..
Юридический словарь

Валовый Доход — Сумма торговых надбавок (скидок), наценок, полученных от реализации товаров (Приказ Минторга от 14 декабря 1995г. N 80)
Юридический словарь

Гарантированный Доход — — доход, получение которого практически не зависит от складывающихся условий, который обеспечен в любом случае.
Юридический словарь

Дискреционный Доход — — часть чистого дохода потребителя, остающаяся после необходимых расходов, уплаты налогов, затрат на удовлетворение первейших жизненных потребностей. Подобный……..
Юридический словарь

Доход — — денежные и материальные ресурсы, поступающие юридическим и физическим лицам, после завершения производственного цикла. В более широком плане — выручка и другие……..
Юридический словарь

Доход В Особо Крупном Размере [при Осуществлении Незаконных Предпринимательства И Банковской Деятель — В статьях 171 и 172 настоящего Кодекса доходом в крупном размере признается доход, сумма которого превышает двести минимальных размеров оплаты труда, доходом в особо крупном……..
Юридический словарь

Доход Заявленный — — доход физического или юридического лица, заявленный им в налоговые органы для исчисления сумм налогов.
Юридический словарь

Доход Косвенный — — доход, получаемый физическим лицом в результате побочной (не основной) деятельности.
Юридический словарь

Доход Лизингодателя — Доходом лизингодателя является разница между общей суммой лизинговых платежей, получаемых лизингодателем от лизингополучателя, и суммой, возмещающей стоимость лизингового……..
Юридический словарь

Доход На Акцию — — сумма полученной прибыли, приходящаяся на каждую выпущенную в обращение обыкновенную акцию.
Юридический словарь

Доход Нарушителя — — все средства, полученные им в результате нарушения авторских и/или смежных прав. Взыскание дохода нарушителя — одна из мер гражданской ответственности за нарушение авторских и смежных прав.
Юридический словарь

Доход Трудовой — доход, получаемый физическим лицом в результате трудовой деятельности по найму.
Юридический словарь

Доход, Облагаемый Налогом — — доход юридических и физических лиц, с которого они обязаны согласно закону уплачивать налоги и сборы.
Юридический словарь

Зарегистрированный Доход — — совокупный официально подтвержденный денежный доход лица, получаемый из всех источников поступления доходов; основа для налогообложения.
Юридический словарь

Заявленный Доход — — доход физического или юридического лица, отраженный в документах, представляемых в налоговые органы для исчисления сумм налогов.
Юридический словарь

Косвенный Доход — — доход, получаемый физическим лицом в результате побочной (не основной) деятельности.
Юридический словарь

Курсовой Доход — — разница в суммах валютной выручки или платежей, возникающая в результате изменения курса национальной валюты.
Юридический словарь

Личный Доход — — денежный доход работника, складывающийся из заработной платы и дополнительных платежей, включая дивиденды, проценты, ренту, премии, трансферты. Исчисляется до вычета……..
Юридический словарь

Личный Располагаемый Доход — — часть личного дохода, остающаяся у работника после вычета налогов.
Юридический словарь

Маржинальный Доход — — превышение выручки с продаж над совокупными издержками, относящимися к определенному уровню продаж.
Юридический словарь

Наличный Доход — — часть личного дохода, остающаяся после вычета индивидуальных налогов (прежде всего подоходного); суммарный денежный доход, которым располагает население, используя……..
Юридический словарь

Национальный Доход — — важнейший (обобщающий) показатель экономического развития страны; часть стоимости созданного в стране совокупного общественного продукта, остающаяся после возмещения……..
Юридический словарь

Нетто-доход — — доход, остающийся после всех вычетов.
Юридический словарь

Посмотреть в Wikipedia статью для Non-taxable Income (не Облагаемый Налогом Доход)

Источник: http://slovariki.org/ekonomiceskij-slovar/50025

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