year of assessment means the period of 12 months commencing on 1st January 1948, and each subsequent period of 12 months.
self-assessment ’ means a determination of the amount of tax payable under a tax Act by a taxpayer and—
Notice of assessment means a written notice by the division, based on a citation, that the employer must pay the amount of wages, penalties, or fines assessed.
Assessment year means the period of twelve months commencing on the 1st day of April every year;
Scheme Year means a period of one year beginning with 1st April and ending with 31st March;
Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.
Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;
Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;
Year of Eligibility Service means where an Employer designates a one or two 12-consecutive-month eligibility waiting period, an Employee must complete at least 1,000 Hours of Employment during each 12-consecutive-month period (measured from his date of Employment and then as of the first day of each Plan Year commencing after such date of Employment); provided, however, if an Employee is credited with 1,000 Hours of Employment in both the initial eligibility computation period and the first Plan Year which commences prior to the first anniversary of the Employee's employment commencement date, the Employee will be credited, for eligibility purposes, with two Years of Eligibility Service. Where an Employer designates an eligibility waiting period of less than 12 months, an Employee must, for purposes of eligibility, complete a required number of hours (measured from his date of Employment and each anniversary thereafter) which is arrived at by multiplying the number of months in the eligibility waiting period requirement by 83 1/3; provided, however, if an Employee completes at least 1,000 Hours of Employment within the 12 month period commencing on his Employment commencement date or during any Plan Year commencing after such Employment commencement date, such Employee will be treated as satisfying the eligibility service requirements.
transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;
Reviewed Year has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.
taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;
Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.
Relevant Year t means the Financial Year for the purposes of which any calculation falls to be made; "Relevant Year t-1" means the Financial Year preceding Relevant Year t, and similar expressions shall be construed accordingly;
Revenue Operations Date (ROD) means the date of operation of Metro
Academy Financial Year means the year from 1st September to 31st August or such other period as the Secretary of State may from time to time specify by notice in writing to the Academy Trust;
Year of the Term as used herein shall mean each twelve-month period commencing on (START DATE).
Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;
Financial Year means a year commencing on and including the 1st day of July;
Planning Period means the 12 moths beginning June 1 and extending through May 31 of the following year, or such other period approved by the Members Committee.
Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.
Accounting Period means a period ending on and including an accounting date and commencing (in case of the first such period) on the date on which the Trust Property is first paid or transferred to the Trustee and (in any other case) from the next day of the preceding accounting period.
Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.
Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.
Agreement Year means each twelve (12) month period of the term of this Agreement beginning on the first day of the calendar year except for the “First Agreement Year” which shall mean the period commencing on the Effective Date and ending on December 31, 2003.
Election Year means a year in which ordinary elections for local governments are required to be held;