Earnings: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Expand. Sources: linked pages.)
imported>Doug Williamson
(Layout.)
Line 1: Line 1:
1.
1.


In relation to a UK firm, its profits available for distribution to ordinary shareholders.  Also known as Net Profit.
In relation to a UK firm, its profits available for distribution to ordinary shareholders.   
 
Also known as Net Profit.




Line 16: Line 18:
4.
4.


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.
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.





Revision as of 05:36, 25 April 2017

1.

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

Also known as Net Profit.


2.

In relation to firms more generally, their profits.


3.

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


4.

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