|
|
Gross income |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Gross incomeYour total income before tax and expenditures.Gross IncomeThe scheduled (total) income, either actual or estimated, derived from a business or property.Gross incomeThe total income of a person before deductions. This for example could be a person's salary plus bonuses, plus benefits in kind (e.g.company car and medical insurance) plus income from shares etc. See net income.Similar MatchesUnderwriting incomeUnderwriting incomeFor an insurance company, the difference between the premiums earned and the costs of settling claims. Section 352 of the Income and Corporation Taxes Act 1988Section 352 of the Income and Corporation Taxes Act 1988See 'certificate of deduction of tax'. Economic incomeEconomic incomeCash flow plus change in present value. Franked incomeFranked incomeDividends, paid by UK companies to other companies (for example, investment trusts), with a tax credit reflecting the fact that the company which has paid the dividend has done so out of post tax profits. Therefore the 'franked income' will be free of further tax to the receiving company. Growth and income fundGrowth and income fundA mutual fund that invests primarily in stocks with a history of capital gains (growth) and consistent dividend payments (income). Further SuggestionsEarned income creditPremium income income endowment Income property family income benefit (family income assurance) Income redistribution argument for a tariff high current income fund Employee Retirement Income Security Act Real national income Corporate income tax National income loss of income insurance Current income Supplemental Security Income Earned income Taxable income deferred income social security disability income insurance Grantor Retained Income Trust (GRIT) Allocation of income rules income shares Corporate income fund (CIF) Income dividend Passive income Income elasticity |
|
|
|