Glossary entry (derived from question below)
English term or phrase:
annual income tax personal allowance
Italian translation:
quota non imponibile relativa alla dichiarazione annuale dei redditi
Added to glossary by
Daniela Gabrietti
May 14, 2017 14:23
6 yrs ago
35 viewers *
English term
annual income tax personal allowance
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.
Il testo parla di contributi previdenziali e pensioni
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.
Il testo parla di contributi previdenziali e pensioni
Proposed translations
(Italian)
3 | quota non imponibile relativa alla dichiarazione annuale dei redditi | Tiziana Moschetti |
Proposed translations
13 mins
Selected
quota non imponibile relativa alla dichiarazione annuale dei redditi
Ciao,
"personal allowance" significa "deduzioni personali" o "quota non imponibile", ovvero ciò che viene esonerato dalla dichiarazione dei redditi.
Spero di esserti stata d'aiuto!
"personal allowance" significa "deduzioni personali" o "quota non imponibile", ovvero ciò che viene esonerato dalla dichiarazione dei redditi.
Spero di esserti stata d'aiuto!
4 KudoZ points awarded for this answer.
Discussion
If you don’t pay tax as your earnings are below the annual income tax personal allowance, you’ll still receive tax relief at the basic tax rate of 20% on the first £2,880 (£3,600 including basic tax relief) you pay into a pension each tax year.
Se non versi le imposte perché i tuoi guadagni sono inferiori alla quota non imponibile relativa alla dichiarazione annuale dei redditi, riceverai comunque uno sgravio fiscale pari all'aliquota di base del 20% sulle prime £2.880 (£3.600 compreso la quota di sgravio fiscale di base) di contributi che versi in una pensione ogni anno fiscale.