In simple terms, a tax rebate is a reduction in the amount of tax you owe to theSouth African Revenue Service (SARS). Think of it as a discount on your taxes! If you meet certain criteria, a rebate will directly reduce the amount of tax you need to pay—meaning you could owe less ...
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback. There is slower turnover and more parking in undesignated areas. Sean Krofssik, Hartford Courant, 2 June 2024 The income tax rebate, including $250 for single filers, $375 for ...
A very particular reason why this is an attractive investment option is because the investment in UTI has a certain rebate on income tax. Moreover, the income from UTI is also exempted from income tax as per certain conditions. Meaning of Unit Trust of India Unit Trust is an investment pl...
From Longman Dictionary of Contemporary EnglishRelated topics:Taxˈtax reˌturnnoun[countable]theformon which you have to giveinformationso that yourtaxcan becalculatedExamples from the Corpustax return•If your child has already paid tax, he or she mustcompleteatax returntoreceivearebate.•I...
Negative points come in one of two general forms: tobrokersand to borrowers directly.Rebatespaid to a mortgage broker are known asyield spread premiums (YSP)and are part of the mortgage broker's compensation. When the rebate is a borrower credit, it can be used to defray some loan settlemen...
The term "seller-paid points" refers to a concession orrebateoffered by a seller to the buyer in a transaction. The points can lower the total interest paid by the buyer over the life of the loan. Seller-paid points are commonly found in real estate transactions and usually consist of a...
nounThe putting, by a commoner, of more beasts on the common than he has a right to. noun(Equity)The showing an omission, as in an account, for which credit ought to have been given. noun(Railroads)A charge over the usual or legal rates. ...
Perhaps, as much as anything, the decision to schedule a referendum to increase sales taxes in the wake of increases of the City of Memphis property tax rate and fees made this an uphill battle. Second, just like the failed Pre-K campaign of last year, there was too much of an assumpti...
Some have discussed the new grocery store rebate, which is to be delivered through the GST/HST tax credit system, as closely aligned with proposals for a basic income guarantee. From Salon HST last night, @NOAA's #GOESWest 🛰️ captured the eruption of Hawaii's #MaunaLoa volcano, insid...
Apparently, not much has really changed since Bill took a $2 tax deduction for each pair of underwear that he donated to charity. FromThe Daily Beast To my mind, this is why we should get rid of the corporate income tax--and the charitable tax deduction as well. ...