The estimates of total income relate to income subject to income tax and exclude non-taxable income such as certain social security benefits.
It was an ex-gratia settlement; to divide it artificially into taxable and non-taxable parts to the disbenefit of the former tenants is not necessary.
The estimates of total income relates to income subject to income tax and excludes non-taxable income such as certain social security benefits.
We tabled the new clause to seek to deny tax relief to new profit-related pay schemes that simply convert taxable pay into non-taxable profit-related pay.
If the recipient is in the non-taxable class, he can reclaim the taxation which is paid and, in effect, has a tax-free dividend.
Why should they receive a non-taxable benefit in sending their children to private schools?
The fact is that war disablement pensions, industrial injury benefits, both contributory and non-contributory, and invalidity pensions are non-taxable.
It is a question of whether it is really a justifiably non-taxable expense.