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Expenses in employment |
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Expenses in employmentIf an employee incurs expenses wholly on behalf of his company which are not reimbursed, such expenses can be offset against tax. Examples are accommodation, meals and fees to professional organisations.Similar MatchesAccident, Sickness and Unemployment insuranceAccident, Sickness and Unemployment insuranceIncome protection incorporating cover for loss of earnings arising from accident, sickness or unemployment. Usually paid out in the form of a monthly tax-free income to cover a portion of lost earnings and restricted to two years from the date of the first payment. Employment rateEmployment rateThe percentage of the labor force that is employed. The employment rate is one of the economic indicators that economists examine to help understand the state of the economy. See also: Unemployment rate. Self employment taxSelf employment taxA tax self-employed people must pay to qualify them to receive Social Security benefits at retirement. Full Employment and Balance Growth Act of 1978(Humphrey Hawkins Act)Full Employment and Balance Growth Act of 1978(Humphrey Hawkins Act)Federal legislation that, among other things, specifies the primary objectives of U.S. economic policy-maximum employment, stable prices, and moderate long-term interest rates. Verification of employmentVerification of employmentAs part of the loan process, a lender will ask the borrower's employer for confirmation of the borrower's position and salary. Further Suggestionsunemployment benefitUnemployment Unemployment rate Unemployment insurance Employment status Employment argument for protection |
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