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allowances

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  • Allowances — A deviation from the basis grade or location allowable when delivering commodities under the terms of a futures contract. Allowances represent a premium or discount to the standards outlined in the futures agreement. Under a futures contract, the …   Investment dictionary

  • allowances — Reductions to gross sales that occur when customers are given partial credit for sold goods that the buyer is not satisfied with. An accounting term usually used together with returns. American Banker Glossary …   Financial and business terms

  • allowances — Reductions in weights to be carried allowed because of certain conditions such as; an apprentice jockey is on a horse, a female horse racing against males, or three year olds racing against older horses …   Equestrian sports dictionary

  • allowances — al low·ance || É™ns n. stipend; grant; pocket money; discount, deduction; acknowledgment …   English contemporary dictionary

  • capital allowances — Allowances against UK income tax or corporation tax available to a business, sole trader, partnership, or limited company that has spent capital on plant and machinery used in the business. Capital allowances are also given on industrial… …   Accounting dictionary

  • capital allowances — Allowances against UK income tax or corporation tax available to a business, sole trader, partnership, or limited company that has spent capital on plant and machinery used in the business. Capital allowances are also given on industrial… …   Big dictionary of business and management

  • income tax allowances — Allowances that may be deducted from a taxpayer s gross income before calculating the liability to income tax. Every individual who is a UK resident is entitled to a personal allowance, the level of which will depend on his or her age (see age… …   Accounting dictionary

  • income tax allowances — Allowances that may be deducted from a taxpayer s gross income before calculating the liability to income tax Every individual who is a UK resident is entitled to a personal allowance, the level of which will depend on his or her age (see age… …   Big dictionary of business and management

  • Discounts and allowances — Senior Discount redirects here. For the band, see Senior Discount (band). Corporate finance …   Wikipedia

  • MSPs' Salaries, Expenses and Allowances — Members of the Scottish Parliament (MSPs) are entitled to a salary, and where applicable, expenses and allowances.The Scotland Act 1998 provides for pay and allowances to MSPs, officeholders of the Scottish Parliament and Ministers. The… …   Wikipedia

  • capital allowances — For qualifying equipment (i.e. plant and machinery but also including a licence of computer software) a proportion of the capital cost can be used to relieve tax: the relevant amount is set against company revenue which would otherwise be taxable …   Law dictionary

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