Expense relief: Difference between revisions
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imported>Doug Williamson m (Category added 8/10/13) |
imported>Doug Williamson m (Tax/Pension check - spacing added 23/10/13) |
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A type of tax relief given by subtracting a deduction from (otherwise) taxable profits, before calculating the amount of tax payable on the reduced net taxable profits. | A type of tax relief given by subtracting a deduction from (otherwise) taxable profits, before calculating the amount of tax payable on the reduced net taxable profits. | ||
== See also == | == See also == |
Revision as of 14:01, 23 October 2013
Tax.
A type of tax relief given by subtracting a deduction from (otherwise) taxable profits, before calculating the amount of tax payable on the reduced net taxable profits.