|
|
Higher rate adjustment |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Higher rate adjustmentAn income tax coding allocated to people who pay tax at the higher rate.For interest received from banks or dividends from shares etc, the higher rate adjustment enables the Inland Revenue to collect the additional tax due over and above the basic rate.Similar MatchesMarshallian adjustmentMarshallian adjustmentA market adjustment mechanism in which quantity rises when demand price exceeds supply price and falls when supply price exceeds demand price. Cumulative Translation Adjustment (CTA) accountCumulative Translation Adjustment (CTA) accountAn entry in a translated balance sheet in which gains and/or losses from translation have been accumulated over a period of years. The C.T.A. account is required under the FASB No. 52 rule. Balance of payments adjustment mechanismBalance of payments adjustment mechanismAny process, especially any automatic one, by which a country with a payments imbalance moves toward balance of payments equilibrium. Under the gold standard, this was the specie flow mechanism. Border tax adjustmentBorder tax adjustmentRebate of indirect taxes (taxes on other than direct income, such as a sales tax or VAT) on exported goods and levying of them on imported goods. May distort trade when tax rates differ or when adjustment does not match the tax paid. Adjustment mechanismAdjustment mechanismThe theoretical process by which a market changes in disequilibrium moving toward equilibrium if the process is stable. See Walrasian and Marshallian adjustment. Further SuggestionsWalrasian adjustmentAdjustment bond Adjustment assistance Structural adjustment program Trade adjustment assistance Adjustment date Structural adjustment International adjustment process |
|
|
|