Group Payment Arrangement definition

Group Payment Arrangement means an arrangement entered into pursuant to Section 36 of the Finance Axx 0000;
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Group Payment Arrangement means any arrangement entered into pursuant to section 36 Finance Xxx 0000 and/or section 59F Taxes Management Xxx 0000, or any similar group payment arrangement under which Reckitt Benckiser plc has agreed to discharge the corporation tax liabilities of any of its subsidiary undertakings;
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Group Payment Arrangement means a group payment arrangement made pursuant to section 59F TMA;
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Examples of Group Payment Arrangement in a sentence

  • Schroder Investment Management Limited is the nominated company under a UK corporation tax Group Payment Arrangement.

  • Due to the Group Payment Arrangement structure in the UK, Ring Fence Corporation Tax and Supplementary Charge will be published at the group level.

  • The Group also has deferred tax liabilities of £214m (30 September 2022: £350m) in relation to the defined benefit pension surplus.The deferred tax assets and liabilities detailed above arise primarily in the Bank which has a right to offset current tax assets against current tax liabilities and is party to a Group Payment Arrangement for payments of tax to HMRC.

  • Finalisation of the Group Payment Arrangement (usually 30 days after the last return is filed) allocates the group payment to a particular company.

  • Some companies enter into a Group Payment Arrangement (GPA) with HMRC under which a consolidated payment of corporation tax is made relating to the payment liabilities of a number of group companies.

  • Six months ended 30 June 2023 2022 HK$’000 HK$’000 (Unaudited) (Unaudited)Current tax — PRC Enterprise Income Tax — Over-provision in prior period— (285)— Provision for the period3,374 — 3,374 (285) Under the two-tiered profits tax rates regime in Hong Kong, the first HK$2 million of assessable profits of the qualifying corporation in the Group are taxed at 8.25%, and assessable profits above HK$2 million are taxed at 16.5%.

  • Tax relief on interest capitalised amounts to £325,000 (2019: £397,000).Whitbread has a Group Payment Arrangement in place with HMRC which allows Whitbread Group Plc as nominated company to make corporation tax payments on behalf of all other UK group companies.

  • Fireplaces: No pellet or wood burning stove, or furnace shall be allowed in any living unit.

  • My records show you have not provided the payment allocation details I asked you for in the recently issued Group Payment Arrangement Closure Notice.

  • This was fine where they were part of a Group Payment Arrangement but data disclosed to Moore Stephens could be in error if not.


More Definitions of Group Payment Arrangement

Group Payment Arrangement has the meaning given to it in the Tax Indemnity;
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Group Payment Arrangement means any arrangement entered into pursuant to Section 59F Taxes Management Act 1970 (or any equivalent or similar legislation in any other jurisdiction).
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Related to Group Payment Arrangement

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Foreign Benefit Arrangement any employee benefit arrangement mandated by non-US law that is maintained or contributed to by any Group Member or any ERISA Affiliate.

  • Tax Sharing Arrangement means any written or unwritten agreement or arrangement for the allocation or payment of Tax liabilities or payment for Tax benefits with respect to a consolidated, combined or unitary Tax Return which includes the Company.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • legal arrangement means a trust or other similar arrangement;

  • Payment Agreement means a written agreement which provides

  • Unit Price Arrangement means that part of the Contract that prescribes the product of a price per unit of measurement multiplied by a number of units of measurement for performance of the Work to which it relates;

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Termination Payment has the meaning set forth in Section 6.03.

  • Selective contracting arrangement means an arrangement in which a carrier participates in selective contracting with one or more providers, and which arrangement contains reasonable benefit differentials, including, but not limited to, predetermined fee or reimbursement rates for covered benefits applicable to participating and nonparticipating providers.

  • Medical flexible spending arrangement means a benefit plan

  • referral arrangement means any arrangement in which a registrant agrees to pay or receive a referral fee;

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Separation Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • Non-Exempt Severance Arrangement means a severance arrangement or other agreement between the Participant and the Company that provides for acceleration of vesting of an Award and issuance of the shares in respect of such Award upon the Participant’s termination of employment or separation from service (as such term is defined in Section 409A(a)(2)(A)(i) of the Code (and without regard to any alternative definition thereunder) (“Separation from Service”) and such severance benefit does not satisfy the requirements for an exemption from application of Section 409A provided under Treasury Regulations Section 1.409A-1(b)(4), 1.409A-1(b)(9) or otherwise.