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Personal article floater |
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Personal article floaterInsurance policy attachment designed to cover specified personal valuables.Personal article floater Similar MatchesUmbrella personal liability policyUmbrella personal liability policyA liability insurance policy that provides protection against damages not covered by standard liability policies, such as large jury awards in lawsuits. Personal pension planPersonal pension planA savings scheme introduced by the government in 1985 to enable the self employed, and employees working for companies not operating a group pension scheme, to build up a pension fund for retirement.PPPs are money purchase schemes and effectively replace what was known as a retirement annuity contract (RAC).Contributions to PPPs receive full tax relief up to maximum given percentages of net earnings for a range of ages.Life assurance may be purchased with up to 5% of net relevant earnings which will receive full tax relief. This percentage is included within the maximum contributions allowable.An employer may contribute to a person's PPP but this is not obligatory.Personal pensions can move with individuals when they change jobs.A PPP may be used to contract out of S2P. Personal incomePersonal incomeA person's total income which includes salary, transfer payments, dividend and interest income etc. Personal ledgerPersonal ledgerA book in which the personal accounts of a company are kept that is, the sales ledger and the purchase ledger. See 'ledger'. Personal allowancePersonal allowanceTax allowances are concessions by the Inland Revenue which can be used to reduce a person's Taxable Income. The main allowance for UK taxpayers is the 'personal allowance'; which is an amount of income that is tax free. In the tax year 2003-2004 the personal allowances are:Under 65: £4,61565-74: £6,61075+: £6,720The personal allowances for elderly people are reduced if their total income exceeds £18,300, and the amount of the reduction if £1 for every £2 of the excess. So someone aged 68 with Total Income of £18,700 would get a personal allowance of £6,610 less £200 = £6,410.Other allowances are:Married Couple's Allowance: only available to couples where one person is 65 or overBlind Person's Allowance: £1,510 Further SuggestionsPersonal Property LoanPersonal pension appropriate personal pension plan Personal inflation rate additional personal allowance general personal equity plan personal loan Personal tax view (of capital structure) personal pension scheme personal identification number personal accounts personal accident and sickness insurance group personal pension Personal Investment Authority Personal trust Personal search umbrella personal liability insurance personal possessions personal accident insurance Personal exemption Personal property Personalization Personal income personal equity plan personal exemption |
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