tax bracket

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Related to tax bracket: Marginal Tax Bracket
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  • noun

Synonyms for tax bracket

a category of taxpayers based on the amount of their income

References in periodicals archive ?
How does your current marginal tax bracket compare to your future marginal tax bracket?
8% surtax also applies to estates and trusts, but the threshold is the dollar amount at which the highest tax bracket for estates and trusts begins for the tax year.
6 percent top tax bracket also could pay 9,900 dollars for a gold medal, 5,940 dollars for a silver and 3,960 dollars for a bronze medal, while an Olympian in the 28 percent bracket, about the middle range, could pay as much as 7,000 dollars for a gold, 4,200 dollars for a silver and 2,800 dollars for a bronze medal.
Getting to the zero percent tax bracket involves accumulating precisely the right amounts of dollars in each of the three basic types of accounts or buckets: taxable, tax-deferred and tax-free.
The second tier tax bracket, previously for those earning between EGP 5,000 and EGP 20,000, will now include those earning up to EGP 30,000, who will now pay 10% instead of the previous 15%.
6 percent tax bracket when taxable income is more than $400.
Ian Bartholomew, senior mortgage manager at First Direct, says: Offset mortgages used to be seen as complicated and, when they were launched in the 1990s, only 5% of Britons found themselves in the higher rate income tax bracket and able to benefit from the tax efficiency an offset mortgage offers.
The higher your tax bracket and tax rate, the more tax-advantageous it is for you to make voluntary contributions.
A company car driver with three children falling into the higher tax bracket for the first time could lose out to the tune of almost pounds 2,500 a year, according to CAP, the car price experts.
The tax- adjusted rate of return for an individual in the highest tax bracket ( 30.
A couple with NT$500,000 of annual income for both husband and wife and two children, for instance, will be liable to the lowest tax bracket of 6%, with their tax going to drop by NT$2,040, or 9.
When Maryland created a new top income tax bracket in 2008, the number of taxpayers reporting million-dollar incomes declined by a third.
Which means many cars are being shunted into a higher tax bracket for both VRT and road tax.
But despite their resentment about the rising tax burden, 56 per cent of people did not know what income tax bracket they were in, while nearly half of people were not taking steps to reduce the amount of tax they paid.