Gross


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Gross

The amount before any subtractions are made. For example, the amount that a person earns from an employer represents his gross income. He then subtracts his tax liability and other deductions to arrive at his net income.
References in periodicals archive ?
As University of Denver researcher Donald Stedman and others have pointed out, older cars are not always gross polluters, and newer cars sometimes are.
Gross also represented half a dozen companies once again, this time in their lease renewals, ranging from 1,300--7,000 square feet: 11 Commerce Drive in Cranford for Hale, Inc.
If a taxpayer conducts an MPGE activity with regard to QPP that is significant in nature, then the total gross receipts from the lease, rental, license, sale, exchange, or other disposition of the QPP will be considered to be DPGR.
If an employee elects after-tax treatment, the employer allocates the appropriate portion of the group premium to that employee and includes that amount in the employee's gross income for the year in which the payments are made (i.
Misunderstandings like these, Gross and Levitt point out, "are not of the kind that can be remedied by a quick refresher course in elementary math and physics.
Then we discovered, as agencies gradually slipped from the list, that the new formula actually yielded a sum that was not truly reflective of their gross revenues.
Nightingale's gross profit margin was 72%, compared to gross profit margin of 58% in Q1 2007.
He won the first gross position with two rounds scores of gross 72 and 74 and an aggregate of 146.
LAHORE -- Farhan Bhatti emerged winner in the net category of amateur and Mohsen Zafar topped in the gross category of amateur in the Independence Day of Pakistan golf championship here on Monday at Lahore Gymkhana course.
Single person one child 2014/15 2015/16 Gross income 6,000 6,000 Tax allowances used 10,000 10,600 Car benefit 0 0 Taxable income 0 0 Gross tax 0 0 Married relief 0 0 NI contribution 0 0 Universal credit 7,990 8,067 Child benefit 1,066 1,076 Net income 15,056 15,144 Net change p/a GAIN 87 Weekly change 1.