Business terms and jargon explained. Your business dictionary

What is Age Relief

This is an allowance that is given when you reach a certain age. This allowance usually retirement age gives an additional allowance or increases their personal tax allowance. This means that they can earn more before they have to pay tax. If their earnings are over the tax allowance then they will have to pay tax on the amount over the allowance. This overall reduces their tax liability.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Continental Shelf Arraignment IMHO Loan Agreement
Assumption N150 Civil Court form Net income Age admitted
Patch Registered Design MBPS Bereaved minor
Solvency Beneficial loan BRIC Killer bee
Peso Synergy Firewall Deliverable
Actuary Joint Venture Bluetooth Advocate
Chief Rent Zero rated Pilot Operation Internet Protocol Security - IPsec
Direct Costs Continuous Supply Of Services Insurance Touch base
Inventory Demilitarised Zone - DMZ Re Yard
Joint Application Executor Direct Representative Compellable witness

Term created / updated 2006-05-20 07:39:21

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.