Non-Taxable Income

  • 4 Posts
  • 1 Sections
  • 1 Types
Definitions
Contribution to Capital
Contribution to Capital Shareholder Contributions Company Equity Business Finance Non-Taxable Income Shareholder Equity
Contribution to capital refers to the funds or assets provided by shareholders or owners to a company, which increases the company's equity but does not constitute income for tax purposes.
Read more about Contribution to Capital.
Definitions
Non-Taxable Income
Non-Taxable Income Income Exemption Tax Exemption Tax Planning Personal Finance Employee Bonuses Savings Schemes Redundancy Pay
Non-taxable income refers to types of income specifically exempted from taxation by government regulations. Understanding which types of income are non-taxable can significantly affect an individual’s or business’s tax obligations.
Read more about Non-Taxable Income.
Definitions
Rent-a-Room Scheme
Rent-a-Room Scheme Tax Relief Letting Accommodation UK Tax Policy Non-Taxable Income Income Tax Exemption Residential Letting
The Rent-a-Room Scheme is a UK tax relief initiative that allows individuals to earn up to £4,250 tax-free from letting furnished accommodation in their main or only residence.
Read more about Rent-a-Room Scheme.
Definitions
Taxable Income
Taxable Income Tax Deductible Expenses Total Income Income Tax Allowances Non-Taxable Income Income Tax
A detailed explanation of taxable income, along with examples, related terms, frequently asked questions, online resources, and further reading materials.
Read more about Taxable Income.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.