1 the right to pay a person or organization less money than you owe them because they also owe you money: --
As a sort of set-off against that, the allotment holders have agreed to give up compensation.
Yes, that is true, but there is a set-off of £358 against this; the net figure has been put in.
Like other taxpayers, however, they are entitled to a set-off for the interest they pay on borrowed money.
Secondly, loss of the benefit of income tax set-off—a new loss which, in the case of local authorities, has only accrued in recent years.
This is incidentally one of the many advantages we derive from our insular position and is a set-off to the discomfort of a channel crossing.
There is a considerable set-off to any saving, in the four sloops which are announced as part of the new programme.
These gains will now be taxed at normal corporation tax rates, and qualify for set-off of advanced corporation tax.
Their corporation tax liabilities will normally be satisfied by set-off against any repayment due.
