Annual Allowance definition

Annual Allowance means a deduction granted under section 12H(2) during any year of assessment in which a learner is a party to a registered learnership agreement;

Annual Allowance means the maximum amount of pension savings that can be made in any one tax year.

Annual Allowance means the total allowance provided to a Dwelling (or household) per year; the 213,000 litres per year Threshold Amount plus the 25,000 litres per year Allowance Amount (additional to the Threshold Amount) for each additional occupant above four as specified in the Water Services Act 2007 (Threshold Amount and Allowance Amount) Order 2017.

Examples of Annual Allowance in a sentence

• Employees who transition from a part-time position to a full-time position in a different job classification or from one representation group to another, shall be entitled to a prorated amount stipulated in subsection 11.G.1. (Annual Allowance) based upon the number of pay periods the employee is regularly scheduled to work on a full- time basis during the remainder of the calendar year.

• In the event an employee is paid Sickness Disability Allowance due to an injury caused by some person other than the Company or such injured employee, the Company may after a reasonable time pursue the subrogated rights of such employee against such third party up to the extent of the amount it has paid to the employee as Annual Allowance Days, Sick Leave Bank Days, or Short Term Disability Allowances, if the injured employee does not pursue his/her remedy for damages.

• If the Company receives a settlement, to the extent of the amount it has been paid, the employee shall have his/her Annual Allowance Days, Sick Leave Bank Days, or Short Term Disability Allowances restored to the extent used.

• The ACFD Allowance maximum sum available to an employee who reinstates shall not exceed the annual amount stipulated in subsection 12.G.1. (Annual Allowance) minus the sum of the ACFD Allowance received by the employee during the portion of the calendar year preceding termination.

• To receive payment for this allowance, employees must fill out the Employee Cell Phone Annual Allowance Request form.

More Definitions of Annual Allowance

Annual Allowance means any amount specified by the Treasury pursuant to the Act.

Annual Allowance means the total allowance that might ultimately be applicable to a Dwelling per year; being the Threshold Amount and any applicable additional Allowance Amount that might also subsequently apply in respect of the Dwelling.

Annual Allowance means £300,000 or such other amount as is prescribed by regulations made by the Treasury and, but without prejudice to section 26 of the Interpretation Act 1976, different allowances may be made for different provisions or purposes;53

Annual Allowance means the maximum amount of pension savings that can be made in any one tax year. For the current tax year the annual allowance is £60,000.

Annual Allowance. The annual County Allowance amount shall be three thousand and one hundred dollars ($3,100).

Annual Allowance means the annual limit on the amount of tax relieved savings which can be made by, or in respect of, an individual in all registered pension schemes each tax year before the individual becomes liable to a tax charge;

Annual Allowance a limited allowance of Crossings credited to your Local Residents’ Discount Scheme account determined by the rate/value then applicable on your Start or Renewal Date; “Annual Registration Fee” the non-refundable sum to be paid each year by you in order to be, and remain, admitted onto the Local Residents’ Discount Scheme as specified in the account application;