Home page               Download material                Accounting topics                Accounting dictionary                Financial calculators

Home Accounting Dictionary Letter P Personal Allowances Definition
 
 

A   B   C   D   E   F   G   H   I   J   K     M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

 

Personal Allowances Definition:

Amounts each person may subtract from income in order to arrive at taxable income. The value of each allowance is set by Parliament following the Budget each year. They are for things like being married, caring for a dependent relative, etc.

New Page 1

A D V E R T I S E M E N T

 

 

 

 

 

 

Home                         Download material                         Contact us                         Privacy policy                         Link to us                         Advertise

Copyright 2011