Common use of Remuneration Total Clause in Contracts

Remuneration Total. Add all previous lines (Enter PAF Line 1) Breakdown of Remuneration A. Total Cash Salary: Line 1 minus B through E above (Enter PAF, line 1f) $ B. Housing Xxxxxxxxx (XXX, xxxx 0x) $ If the pastor provides his/her own housing, a housing allowance must be provided for the pastor. Only the lowest of the following factors may be used as a salary exclusion for income tax purposes: (1) the amount designated as a housing allowance by the church; (2) the amount actually used for housing and related costs. The pastor should request the amount to be designated as a housing allowance, and the church council must take official action to confirm the amount. This action should be taken for the coming year prior to January. The designated amount may be adjusted at any time with the agreement of the pastor and the official action of the board.

Appears in 2 contracts

Samples: Pastoral Agreement, Pastoral Agreement

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Remuneration Total. Add all previous lines (Enter PAF Line 1) Breakdown of Remuneration A. Total Cash Salary: Line 1 minus B through E above (Enter PAF, line 1f) $ B. Housing Xxxxxxxxx Allowance (XXXPAF, xxxx 0xline 1b) $ If the pastor provides his/her own housing, a housing allowance must be provided for the pastor. Only the lowest of the following factors may be used as a salary exclusion for income tax purposes: (1) the amount designated as a housing allowance by the church; (2) the amount actually used for housing and related costs. The pastor should request the amount to be designated as a housing allowance, and the church council must take official action to confirm the amount. This action should be taken for the coming year prior to January. The designated amount may be adjusted at any time with the agreement of the pastor and the official action of the board.

Appears in 1 contract

Samples: Pastoral Agreement

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Remuneration Total. Add all previous lines (Enter PAF Line 1) Breakdown of Remuneration A. Total Cash Salary: Line 1 minus B through E above D (Enter PAF, line 1f1a) $ B. Housing Xxxxxxxxx Allowance (XXXPAF, xxxx 0xline 1b) $ If the pastor provides his/her own housing, a housing allowance must be provided for the pastor. Only the lowest of the following factors may be used as a salary exclusion for income tax purposes: (1) the amount designated as a housing allowance by the church; (2) the amount actually used for housing and related costs. The pastor should request the amount to be designated as a housing allowance, and the church council must take official action to confirm the amount. This action should be taken for the coming year prior to January. The designated amount may be adjusted at any time with the agreement of the pastor and the official action of the board.

Appears in 1 contract

Samples: Pastoral Agreement

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