The net addition to his taxable income was thus 6,135 NLG.

However, taxable income in the sector is still growing at a slower rate than gross income as measured by national accounts.

This is exacerbated by the fact that borrowers can deduct only nominal interest payments when calculating their taxable income.

Taxation in Namibia includes personal income tax, which is applicable to total taxable income of an individual and all individuals are taxed at progressive marginal rates over a series of income brackets.

The total annual personal taxable income must not exceed the amount of annual pension paid to uninsured old people by O.G.A. (Agricultural Insurance Organization).

2.2 Under article 42 of the Dutch Income Tax Law (1964), employees using a company car for private purposes must add 20 per cent of the catalogue price of the car to their taxable income.

The income tax rates applicable to individuals resident in Gibraltar range from 17 per cent on the first 4,000 of taxable income to 45 per cent after the first 15,000 (see A AC.109 2001 10, para. 16, for details of income tax and exemptions).

And if I buy a bigger home or just increase the size of my mortgage, I receive a larger deduction that reduces my taxable income, lowering my tax bill.

He argues that he should have been treated equally with the privileged group of taxpayers which had been exempted from the additional 4 per cent increase of the taxable income.

Labor reform leading to longer hours would not reduce the total income of the employed, but it would reduce production costs.

4.3 Subsidiarily, the State party submits that the increase of the author's taxable income by an additional 4 per cent of the catalogue price of the company car did not violate article 26.

The goal is not to absorb shocks but to reduce income gaps across regions.

Estonian inhabitants can deduct from their annual income the education costs of children under 26 years old or foster children. One of the parents or the person maintaining the child can also deduct additional non taxable income for every child under 17 years old starting from the third child.

At the same time, employees using a company car were exempted from any increase of the taxable income, if they could prove that their private use of the car does not exceed 1,000 kilometres per year.

The NCB was also found to reduce the depth of child poverty, with low income families with children seeing their income rise, on average, 12.3 percent closer to the low income cut off.

However, the Court held that this did not amount to discrimination since the distinction was not one that affected the applicant's human dignity, but rather was based on the good faith policy that CPP contributions should be paid from taxable income.

Nor has Thatcherite policy succeeded in one of its chief aims to reduce the share of government spending in national income.

We do not need to rely on such tricks to stimulate the economy and reduce the ratio of debt to income.

A reformed United Nations system must, therefore, devise special mechanisms to reduce the debt burdens of low and middle income countries.

Asian income certainly will decline if Asians export less to the US and this, in turn, will reduce Asian imports from Europe.

The surplus thus created is then dumped on world markets at prices that significantly reduce the income of the traditional exporting countries.

Increasing the cost of electricity and fuel will hurt productivity, reduce overall employment, and cut the amount of disposable income that people have.

Even more significant, shifting income from state owned enterprises to middle class workers and increasing consumer spending will reduce China s enormous saving rate.

As a country's income distribution is related to its productive development pattern, policies are needed to reduce social and productive heterogeneity within countries.

This is expected to increase the labour force participation of single parents and reduce the depth of low income among single parent families.

Meanwhile, state governments, seeing revenues fall as a result of lower taxable incomes last year, are cutting back like mad.

End user efficiency improvements provided or supported by water utilities can lower water costs, with benefits for low income households, and reduce water losses.

But the best and most likely responses are those that accelerate domestic consumption growth by increasing household income, effectively deploy income from state owned assets, and strengthen China s social security systems in order to reduce precautionary saving.

This is nonsense. Asian income certainly will decline if Asians export less to the US and this, in turn, will reduce Asian imports from Europe.

The general rule is that if the acquired property's useful life is longer than the taxable year, then the cost must be capitalized.

Operations Taxable, Glimmer and Big Drum were tactical military deceptions conducted on 6 June 1944 in support of the Allied landings in Normandy.

A recent UNICEF survey of 126 countries shows that a significant number of low and middle income countries are expected to reduce public expenditures in 2010 2011.

First, front loaded fiscal austerity however necessary is accelerating the contraction, as higher taxes and lower government spending and transfer payments reduce disposable income and aggregate demand.

Cooperation in middle income countries will often involve support for building national and local capacities to reduce inequalities and improve outcomes for highly impoverished children and families.

15. Also decides to reduce the amount of staff assessment income for the period from 1 July 2006 to 30 June 2007 from 3,563,700 dollars to 2,751,000 dollars

If the latter, the best course of action would be to save the additional income or use it, as a second best option, to reduce the national debt.

Women also tend to be more sympathetic to efforts to reduce income inequality, although African American men are just as compassionate on these issues as African American women.

Increasing female participation in the workforce would not only strengthen the country's potential for growth but also reduce the number of poor as households gained a second income.

2.3 By decision of 15 July 1998 concerning tax year 1994, the Supreme Court found that the additional increase of the taxable income by 4 per cent of the catalogue price in cases where the private use of a company car exceeds 1,000 kilometres per year was contrary to article 26 of the Covenant.

Yet this has not diminished the pressure to reduce the yawning gap in income between developed and developing countries that has shaped global debates for over a half century.

They estimate that a slowdown of one percentage point in China s annual growth rate would reduce low income countries growth rates by 0.3 percentage points almost a third as much.

The need then will be for more spending on education and training the only thing that in the long run will make American workers more productive and reduce income inequality.

For example, an increase in direct taxes, such as income tax, can reduce consumption by twice as much as energy and carbon taxes that raise the same amount of revenue.

And, third, growth in the embryonic services sector, which currently accounts for just 43 of the country s GDP, broadens China s economic base, creating a significant opportunity to reduce income inequality.

Overall objective The overall objective of the Major Programme is to increase economic growth, create employment, generate income and reduce economic and social disparities through fostering private sector driven entrepreneurship.