Income Year definition
Examples of Income Year in a sentence
Income year means the calendar year starting 1st January and ending 31st December.
Table A.2 Modifications of the tax rates (in €) Income year Tax year 4.2 Tax exempt quotas The basic tax exempt quota applying to spouses is put in line with the exempt quota of single persons, in two steps :▪ in respect of the 2003 income (tax year 2004), the basic (non indexed) amount goes up from € 3,250 to € 3,390 (or € 4,610 indexed amount for 2003).▪ in respect of the 2004 income (tax year 2005), the basic (non indexed) amount goes up from € 3,390, to € 4,095 (or € 5,570 indexed amount for 2003).
Income year versus residence year: Income measures are from the last calendar year, e.g., 2001, but family composition is from the interview year, e.g., 2002.
Income year means, for every person, the period from the start of July to the end of June when the assessed earns the income ITA, 2002 has regarded Nepalese fiscal year as an income year.
Income year means the period from the start of Shrawan of a year to the end of Ashad of the following year.