Example sentences of "of [noun sg] tax [prep] " in BNC.

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1 The Plan will pay substantial cash benefits directly to you , free of income tax under current Inland Revenue regulations , if you are permanently disabled as a result of an accident .
2 The Plan will pay substantial cash benefits directly to you , free of income tax under current Inland Revenue regulations , if you are permanently disabled as the result of an accident .
3 The appeals raised originally a point of interpretation of the statutory provisions governing the valuation of benefits for the purpose of income tax under Schedule E , in particular , the interpretation and application to the facts found of section 63(1) and ( 2 ) of the Finance Act 1976 .
4 In order to ascertain whether or not a particular trust is or is not charitable you must look at the preamble to the statute of Elizabeth I , the Charitable Uses Act 1601 and the classification by Lord Macnaghten in Commissioners for the Special Purposes of Income Tax v. Pemsel and the reported cases generally .
5 Brown & Root 's disturbance allowance is normally treated as tax-free , but the payment of the additional housing assistance grant is subject to the deduction of income tax through PAYE .
6 However , such strategies have perhaps become less important for the very high income earners who , in recent years , have enjoyed a large reduction in the taxes they have had to pay following the reduction in the high rates of income tax since 1979 : for example , in real terms , those earning over £400 per week take home on average an extra £55 more in 1986 then they did in 1979 .
7 To ask the Chancellor of the Exchequer what assessment he has made of the impact on total tax revenues of the changes in the higher rate of income tax since 1979. 10
8 In an interview for today 's Times , he said Liberal Democrats would vote against a Labour Finance Bill which included the removal of the £21,060 ceiling on national insurance payments and the introduction of a 50p rate of income tax for top earners .
9 Overall taxation and benefits also reduce the final income of richer groups in the population , but less than the higher rates of income tax for high earners would suggest .
10 During the 1980s the level of income tax for high income groups was reduced substantially .
11 From January 1990 the maximum rate of income tax for private individuals and businesses was cut to 35 per cent in a bid to give a boost to the stock exchange and investment ; the new simplified system was also intended to reduce tax evasion .
12 This tax is the equivalent of income tax on enterprises or firms .
13 It is true that before 1979 the marginal rates of income tax on the very rich were high ( marginal tax rates are the percentage of the last pound earned taken in tax ) .
14 A few of the main points worth bearing in mind when discussing the subject of income tax with your elderly parents are as follows :
15 A payment made by a third party to a company 's employee , but taxable under Sch E as arising from his employment , was subject to deduction of income tax at source under the PAYE Regulations , according to the High Court in Booth v Mirror Group Newspapers plc [ 1992 ] STI 662 .
16 By 1992 the Treasury could safely claim that the UK 's top rate of income tax at 40% was below that of its major competitors , as can be seen from Fig. 16.6 .
17 The presence of income tax at high marginal rates should also induce movements into untaxed areas : jobs with high non-monetary returns/attributes , fringe benefits as opposed to recorded cash payments , and work in the ‘ black economy ’ ( see chapter 8 ) .
18 The fact that most trust income is subject to deduction of Income Tax at the source has probably obscured the speciality which attaches to the representative character of trustees as payers of Income Tax ; but if the proposition now maintained for the trustees is a sound one it is incomprehensible that it should never have been advanced with regard to the very large sums of trust income which do not , and never can , reach the hands of an income-beneficiary .
19 This reached a climax in the budget of March 1988 which reduced the rate of income tax to two bands only , 40 per cent for the rich and 25 per cent for all other income-tax payers .
20 In that budget speech Sir Geoffrey Howe stated : ‘ Our long-term aim should surely be to reduce the basic rate of income tax to no more than 25 per cent . ’
21 Reverse our cut in the starting rate of Income Tax to 20p .
22 We have abolished the investment income surcharge , and have cut the standard rate of income tax to 25p in the pound .
23 Nigel Lawson 's corporation tax reforms of 1984 and personal tax reforms of 1988 ( when he established a single higher rate of income tax of 40% ) , will have repercussions for many years to come .
24 The Conservatives attacked Labour tax plans strongly , focusing on the party 's proposed additional higher rate of income tax of 50 per cent for taxable incomes over £36,375 and the removal of the current £21,060 ceiling for employees ' 9 per cent national insurance contributions , which meant that the effective marginal rate of taxation on higher incomes would be 59 per cent .
25 We will also raise the basic rate of income tax by one penny in the pound to pay for the improvements essential to education .
26 Thus , in a number of stages during the 1980s , the Conservatives cut the basic rate of income tax by nearly a quarter ( from 33p to 25p in the £ ) while the top rate was reduced by more than half .
27 With the ending of income tax after 1815 , indirect sources yet again rose above 70 per cent .
28 We have cut the basic rate of Income Tax from 33p to 25p , and the top rate from 83p to 40p .
29 I have elsewhere tried to show ( Dignan , 1983 ) that as far as the peace-tax issue itself is concerned the principle of equal concern and respect does generate a right to divert an appropriate amount of income tax from military to peaceful expenditure .
30 It was with this in mind that in 1979 the government reduced the maximum rate of income tax from 83 per cent to 60 per cent .
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