Sentence examples for allowances to offset from inspiring English sources

As the oil from cheaper fields has run out, the government has progressively extended a system of tax allowances to offset the extra costs of the more difficult ones.

Even in the event of tariffs, we could spend the billions of extra revenue on reducing company and employment taxes and increasing investment allowances, to offset the tariff costs on industry.

The capital allowances let companies to offset investment in plant, buildings and patents against corporation tax.

IN AN effort to rebuild New England's cod industry after the war of independence, George Washington signed a law in 1792 giving shipowners "allowances" (ie, subsidies) to offset the tariffs they had to pay on their inputs.

Osborne said the increase in the national insurance employers' allowance would help to offset the extra costs faced by small firms.

The college has also found other savings -- cutting meal allowances, for example -- to offset the extra costs.

This is allowed within the Commons rules, because the additional-costs allowance can be used to offset various costs associated with an MP having to maintain a second home, not just mortgage or rent.

The company also booked a $514.2 million tax valuation allowance that it can use to offset future profits.

Further pledged increases in the national living wage and the personal tax allowance will do relatively little to offset tax credit losses over the course of the parliament, with at least 2.7 million working families still worse off in 2020, the report says.

The changes will come into effect in April and individuals exceeding £50,000 due to a one-off "spike" will be able to offset it against unused allowances from previous years.

Adjusting to shifts in the economy, states in the cap-and-trade system known as the Regional Greenhouse Gas Initiative have slashed the number of allowances that electric power companies can buy to offset their emissions.