UK Tax Credit definition

UK Tax Credit means a credit against, relief or remission for, or repayment of any UK Tax.
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UK Tax Credit means a credit against, relief or remission for, or repayment of, any Taxes.
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UK Tax Credit meaning the payable cash element constituting a tax credit pursuant to Part 15 of the Corporation Tax Act 2009 receivable by the Producer in respect of the Film to apply towards the costs of production of the Film. For the avoidance of doubt, the UK Tax Credit shall not form part of Gross Revenues.
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Examples of UK Tax Credit in a sentence

  • The producer’s UK Tax Credit Entitlement will be paid directly by the collection agent for the project into the CS Locked-Box for the project.

  • The UK Tax Credit Entitlement can only be accessed by the UK national or resident producer of the film through their UK production company.

  • Furthermore, promptly after the time, if ever, that UK Subsidiary receives the UK Tax Credit, UK Acquiror will deliver the UK Tax Credit Escrow Funds to the Escrow Agent and the Escrow Agent shall deposit such Funds in the Primary Escrow Account.

  • STUDENT is responsible for the apartment until move-out procedures have been completed (i.e., assessed housing charges paid in full, apartment vacated and cleaned, move-out walk-through completed, forwarding address given, and key(s) returned to the Verano Place Housing Office).

  • If available, the UK Tax Credit Entitlement will be payable, either alongside or (if required by the other recouping financiers of the film) after the BFI’s recoupment of its production funding, into the Locked Box for the sole benefit of the UK Production company, who may draw-downthose funds for future development or production activity, or on staff skills training, subject to conditions.Further information on the BFI’s Locked Box initiative is available on the Locked Box page of the BFI website.

  • Parent shall reasonably cooperate with the Stockholder Representative with respect to reasonable efforts by the Stockholder Representative to complete and expedite any audit with respect to the UK Tax Credit provided that such reasonable cooperation does not materially interrupt the normal business of Parent and its subsidiaries, taken as a whole, and that the Stockholder Representative has and will continue to satisfy its obligations under this Section 6.28.

  • An additional feature of the UK Tax Credit system is that to be eligible a lone parent has to work at least 16 hours a week, and the welfare reforms may therefore have encouraged those working few hours to increase their hours of labour supply.

  • The Stockholder Representative shall prepare all communication documents to HM Revenue & Customs which relates to or which could affect the UK Tax Credit, and the Parent shall have an opportunity to comment on such communication.

  • The Earnout Amount and the UK Tax Credit Amount, if any, shall constitute additional consideration for the Merger pursuant to this Agreement.

  • The U.K. Tax Credit will, in consequence, satisfy in full the liability of the holder of Admission Shares to income tax on the gross dividend and any U.S. Tax Credit will be lost.


More Definitions of UK Tax Credit

UK Tax Credit means a potential tax credit to UK Subsidiary provided under Part 13 of the United Kingdom Corporation Tax Act 2009 in relation to the accounting period beginning on January 1, 2011 through and including December 31, 2011 in respect of which such tax credit has been claimed by UK Subsidiary.
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UK Tax Credit means a credit against, relief or remission for, or repayment of, any Taxes. “U.K. Tax Deduction” means a deduction or withholding from a payment under any Loan Document for and on account of any Taxes other than a FATCA Deduction. “U.K. Tax Payment” means either the increase in a payment made by an English Borrower to a Lender under Section 3.2(b) or a payment under Section 3.2(c). “U.K. Treaty” has the meaning specified in the definition of “U.K. Treaty State”. “U.K. Treaty Lender” means a Lender which: (a) is treated as a resident of a U.K. Treaty State for the purposes of the relevant U.K. Treaty; (b) does not carry on a business in the U.K. through a permanent establishment with which that Lender’s participation in any advance is effectively connected; and (c) fulfils any other conditions which must be fulfilled under the relevant U.K. Treaty by residents of that U.
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Related to UK Tax Credit

  • Input Tax Credit means the credit of input tax;

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document, other than a FATCA Deduction.

  • working tax credit means a working tax credit under section 10 of the Tax Credits Act 2002;

  • Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

  • UK Tax Confirmation means a confirmation by a Lender that the person beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document is either:

  • Transaction Tax Deductions means, to the extent Tax deductible for Income Tax purposes, all compensation attributable to payments by a Company or Company Subsidiary on or prior to the Closing Date, including employee transaction-related bonuses, change of control payments, and severance payments, resulting from or related to the consummation of the Contemplated Transactions that are charged to Sellers as part of the Transaction Expenses.

  • Treaty Lender means a Lender which:

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Tax Refund means a refund of Taxes previously paid and any overpayment interest within the meaning of Section 6611 of the Code or any similar provision under applicable Tax Law (whether paid by way of a refund or credited against any liability for related Taxes).

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • UK Treaty Lender means a Lender which:

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • CTA 2009 means the Corporation Tax Xxx 0000;

  • FATCA Deduction means a deduction or withholding from a payment under a Finance Document required by FATCA.

  • Agreement combined tax rate means the sum of the tax rates:

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • CTA 2010 means the Corporation Tax Xxx 0000;

  • Transaction Deductions means the sum of all items of loss or deduction for U.S. federal income tax purposes resulting from or attributable to (a) the payment of legal, financial advisory, accounting and other fees and expenses of the Group Companies (but not of Buyer) in connection with the transactions contemplated hereby, including the Seller Transaction Expenses and (b) any other payment contemplated by this Agreement that is in the nature of compensation for U.S. federal income tax purposes.

  • Foreign-going vessel means any vessel other than coastal vessel.

  • Tax Asset means any federal or state net operating loss, net capital loss, general business credit, foreign tax credit, charitable deduction, or any other loss, credit, deduction, or tax attribute which could reduce any Tax (including, without limitation, deductions, credits, alternative minimum net operating loss carryforwards related to alternative minimum taxes or additions to the basis of property).

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign tax credit, excess charitable contribution, general business credit or any other Tax Item that could reduce a Tax.