Earnings: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
(Layout.)
Line 20: Line 20:
In relation to individuals, their earned income, for example salary.   
In relation to individuals, their earned income, for example salary.   


Distinguished from their investment income and their capital gains.  This distinction is important in relation to individual taxation, and in relation to pensions.
Distinguished from their investment income and their capital gains.   
 
This distinction is important in relation to individual taxation, and in relation to pensions.





Revision as of 08:43, 30 October 2022

1. Shareholder profits.

In relation to a UK firm, its profits available for distribution to ordinary shareholders.

Also known as Net Profit.


2. Profits.

In relation to firms more generally, their profits.


3. Income.

Any stream of income or profits, for example interest earnings.


4. Earned income.

In relation to individuals, their earned income, for example salary.

Distinguished from their investment income and their capital gains.

This distinction is important in relation to individual taxation, and in relation to pensions.


See also