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;
View Source
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.
View Source
Annual Allowance means £300,000 or such 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;1
View Source

Examples of Annual Allowance in a sentence

  • If you are affected by either the Annual Allowance (the value of pension savings you can make each year), or the Lifetime Allowance (the total value of your pension savings), you may be eligible to receive a payment in lieu of the University contributing to a pension scheme.

  • The ACFD Allowance maximum sum available to an employee who reinstates shall not exceed the annual amount stipulated in subsection 11.G.1 (Annual Allowance) minus the sum of the ACFD Allowance received by the employee during the portion of the calendar year preceding termination.

  • 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.

  • You may be able to pay more than a given tax year’s annual allowance by carrying forward unused Annual Allowance from previous tax years, subject to certain conditions.

  • Payment of the Annual Licence Fee shall entitle the Licensee to the Annual Allowance.


More Definitions of Annual Allowance

Annual Allowance means any amount specified by the Treasury pursuant to the Act.
View Source
Annual Allowance means the maximum amount of pension savings that can be made in any one tax year.
View Source
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.
View Source
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.
View Source
Annual Allowance means £300,000 or such other amount as is prescribed by regulations made by the Treasury and, but without prejudice to Part 5 of the Interpretation Act 2015 (functions and powers), different allowances may be made for different provisions or purposes;62
View Source
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;
View Source
Annual Allowance means £50,000 or such amount as is prescribed by regulations made by the Treasury;1
View Source