Earnings Cap means the maximum allowance from to time under Section 640A of the Income and Corporation Taxes Xxx 0000;
Earnings Cap means the amount that would have been the “permitted maximum” under section 590C of the Income and Corporation Taxes Act 1988 (earnings cap) if that section had not been repealed. This is £145,800 as at 6 April 2014 and increased on each subsequent 6 April by the percentage increase in the retail prices index (or such other index as the Trustee determines) for the 12 month period ending the previous September (rounded up to the nearest multiple of £600).
Earnings Cap means the amount specified for the purposes of section 590C of the Taxes Act.
Examples of Earnings Cap in a sentence
Please note that each time the JWR changes, the Reportable Earnings Cap will also change.
The monthly Reportable Earnings Cap is calculated by using the journeyman’s wage rate (JWR), as outlined in the appropriate collective bargaining agreement (CBA), multiplied by the hours specified in the CBA.
The device allows simultaneous and parallel processing of two UHD signal sources (3840x2160).
The last Earnings Cap was set by HMRC as £123,600 for the 2010/11 tax year.
In the event of death during employment, dependants would receive a pension and a lump sum from the scheme (relating to the employee’s contributions during the period of membership) and life insurance equal to four times the amount of base salary up to the Earnings Cap.
More Definitions of Earnings Cap
Earnings Cap means, in relation to any year commencing 6 April or to any relevant date falling within that year, such amount as was specified for that year in or under section 590C of the Taxes Act.
Earnings Cap means a cap on pensionable salary as determined each year by Barclays and which is currently £108,600 for the 2006/07 tax year.
Earnings Cap means the limit set by the Company and the Trustee on the pay that counts towards calculating your benefits and contributions if your Pensionable Service started on or after 1 June 1989. The current Earnings Cap is £172,800 (2021/22 tax year).
Earnings Cap means the figure defined in section £590C of the Income and Corporation Taxes Act 1988 as subsequently uprated by Treasury orders. For 2002/2003 the " earnings cap" was £9 7,200.
Earnings Cap means the "permitted maximum" under section 590C of the Taxes Act.
Earnings Cap means the amount specified for the purposes of Section 590C of the Income and Corporation Taxes Act 1988.
Earnings Cap means the sum prescribed at the relevant time for the purposes of section 590C of ICTA 1988;