Payroll Tax definition

Payroll Tax means any tax of that name imposed by a written law; “premiums”, in relation to insurance, includes contributions or
Payroll Tax means any tax required by an employer to be withheld from wages paid to its employees, including but not limited to federal income tax withholding, Social Security and Medicare withholding taxes, and state and local income tax withholding.
Payroll Tax means any tax of that name imposed by a written law;

Examples of Payroll Tax in a sentence

  • The Revenue Requirement Components shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.

  • The Revenue Requirement Components shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense, (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.

  • The Revenue Requirement Component shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense, (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.

  • This form is prepared for the purpose of section 175B of the Workers Compensation Act 1987, Schedule 2 Part 5 Payroll Tax Act 2007 and section 127 of the Industrial Relation Act 1996.

  • Copies of the Workers Compensation Act 1987, the Payroll Tax Act 2007 and the Industrial Relations Act 1996 can be found at xxx.xxxxxxxxxxx.xxx.xxx.xx.


More Definitions of Payroll Tax

Payroll Tax means any Tax imposed in any jurisdiction on employment income for which the employer is liable to account directly to a Tax Authority on behalf of the employee, together with any national insurance or other social security contributions in respect of the same (whether a liability of the employee or the employer);
Payroll Tax means payroll tax as imposed by the New South Wales Payroll Tax Xxx 0000 or, if such Act is repealed or renamed, any like tax imposed in substitution for Payroll Tax.
Payroll Tax means employer’s and employee’s national insurance contributions, apprenticeship levy and Tax in respect of PAYE income (as defined pursuant to ITEPA and the PAYE regulations made thereunder), and any similar Tax and social security contributions in any jurisdiction, together with all penalties, fines, charges, surcharges and interest relating to any of the foregoing;
Payroll Tax has the meaning in part 1 of Schedule 6;
Payroll Tax means employer’s and employee’s social security and pension contributions or levies and income tax accountable via payroll (including for the avoidance of doubt “Mitarbeitervorsorgekasse”, “Zxxxxxxx zum Dienstgeberbeitrag”, “Kommunalsteuer”, and“Dienstgeberbeitrag zum Familienlastenausgleichsfonds”), and any similar Tax, contributions or levies in any jurisdiction, together with all penalties, fines, charges, surcharges and interest relating to any of the foregoing, or resulting from a failure to comply with the provisions of any enactment relating to any Payroll Tax within this definition, including in connection with the failure to make any return, the making of any incomplete or incorrect return, or the failure to maintain records;
Payroll Tax has the meaning given in Part A of Schedule 5; “Permitted Leakage” means the following payments, costs, accruals, expenses or liabilities of a Target Company, to the extent made in the period from (and excluding) the Locked Box Accounts Date up to (and including) the date of Completion: (a) any payment by any Target Company of salaries, benefits, bonus, incentive payments and all other emoluments and properly and reasonably incurred expenses, made to or for the benefit of a Seller as an employee or director of any Target Company to the extent such payments are made (i) in the ordinary course of business; (ii) in accordance with past practice; and/or (iii) in accordance with the terms of that Seller's employment, together with any associated employer Payroll Tax (up to an aggregate maximum amount of £225,552 per calendar month); (b) any payment specifically provided for in the Locked Box Accounts or the Purchase Price Schedule; (c) any payment made or agreed to be paid or payable or action taken, in each case in direct satisfaction of an obligation of a Seller under this Agreement or any of the documents referred to in this Agreement as being in the Agreed Form (other than any payment of or in respect of Tax (or any action giving rise to Tax) or in connection with any matter undertaken at the written request of the Purchaser; (d) any amounts waived by the Target, owed to the Target by any Seller, in respect of loans made by the Target to such Sellers in relation to the exercise of share options, to a maximum aggregate sum of £17,000; (e) rent in the amount of £1,650 per month and other charges paid or payable by the Target to the spouse of Xxxxxxx Xxxxxxxxxxxxxx in respect of the lease over 26 Xxxxxxx Close, London; and (f) payment by a Target Company of any professional or legal costs or expenses relating to the sale of the Target Shares being (i) legal fees in the amount of £38,519.40 (inclusive of any VAT) paid on 17 October 2023; (ii) advisory fees in the amount of £704,963.80 payable to Price Waterhouse Coopers (inclusive of any VAT) and (ii) Data Room and accountancy support fees in the amount of £50,400 (inclusive of any VAT). "Preference Shares” means the preference shares of $4.00 each in the capital of the Target, having such rights as set out in the Articles; "Preference Shares B” means the preference shares B of $4.00 each in the capital of the Target, having such rights as set out in the Articles; "Preference Shares C” means the preference shar...
Payroll Tax means employer’s and employee’s social security and pension contributions and income tax accountable via PAYE or payroll (including National Insurance contributions, apprenticeship levy, tax in respect of PAYE income, as defined in and pursuant to ITEPA and regulations made thereunder), and any similar Tax, contributions, levies withholdings and deductions in any jurisdiction, together with all penalties, fines, charges, surcharges and interest relating to any of the foregoing, or resulting from a failure to comply with the provisions of any enactment relating to any Payroll Tax within this definition, including in connection with the failure to make any return, the making of any incomplete or incorrect return, or the failure to maintain records; “Payroll Tax Claim” means any Tax Claim which relates to Payroll Tax arising in connection with any of the Shareholders; “Purchaser’s Relief” means (i) any Accounts Relief, (ii) any Relief attributable to a period after Completion or arising in respect of any Event occurring after Completion, (iii) any Relief of any member of the Purchaser’s Group (other than the Target) or (iv) a Relief which arises in the ordinary course of the Target’s business in respect of, (a) the period starting on the Locked Box Accounts Date and ending on Completion, or (b) any Event occurring in the ordinary course of the Target’s business during that period; “Purchaser’s Tax Group” means the Purchaser and any company which at any relevant time is connected or associated with or in the same group of companies, fiscal unity or consolidation as the Purchaser for the purposes of any Tax or Relief, and “member of the Purchaser’s Tax Group” shall have a corresponding meaning; “R&D Claim” means any claim for relief for expenditure incurred on research and development including under any of the provisions of Part 13 CTA 2009 or an R&D expenditure credit (as defined for the purposes of section 104A CTA 2009) under any of the provisions of Chapter 6A of Part 3 CTA 2009; “Relief” means any relief, loss, allowance, claim, credit, deduction, exemption or set-off in respect of Tax or relevant to the computation of Tax or any income, profits or gains for the purposes of Tax, or any Right to Repayment, including any amount payable by a Tax Authority as a result of any R&D Claim, and: (a) any reference to the “use or set-off” of a Relief shall be construed accordingly and shall include use or set-off in part; (b) references to the “loss” of a Relief (in...