Glossary entry (derived from question below)
English term or phrase:
net pay arrangement
Italian translation:
regime di contribuzione netta
Added to glossary by
Daniela Gabrietti
May 14, 2017 14:21
7 yrs ago
7 viewers *
English term
net pay arrangement
English to Italian
Bus/Financial
Law: Taxation & Customs
If your pension contributions are taken before tax
This is known as the net pay arrangement, which means your contributions are taken from your pay before tax.
And because you only pay tax on what’s left, you’ll get your full tax relief straightaway.
If you don’t pay tax due to your earnings being below the annual income tax personal allowance (the standard personal allowance is currently £11,500), you won’t be able to benefit from tax relief.
However, you’ll still continue to benefit from the money that your employer pays in to your personal account.
Questo testo si riferisce a un programma pensionistico
This is known as the net pay arrangement, which means your contributions are taken from your pay before tax.
And because you only pay tax on what’s left, you’ll get your full tax relief straightaway.
If you don’t pay tax due to your earnings being below the annual income tax personal allowance (the standard personal allowance is currently £11,500), you won’t be able to benefit from tax relief.
However, you’ll still continue to benefit from the money that your employer pays in to your personal account.
Questo testo si riferisce a un programma pensionistico
Proposed translations
(Italian)
3 | regime di contribuzione netta | Tiziana Moschetti |
Proposed translations
19 mins
Selected
regime di contribuzione netta
Ciao,
come indica anche il tuo testo, è il contributo in denaro non sottoposto a imposta, quindi netto. E "regime" è la tipologia di contributo in oggetto, termine comunemente in uso.
come indica anche il tuo testo, è il contributo in denaro non sottoposto a imposta, quindi netto. E "regime" è la tipologia di contributo in oggetto, termine comunemente in uso.
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