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Q: please define the "retirement relief"

Category: glossary , Asked by: Jenna O. From Santa Clara, United States

A: "retirement relief " is A special relief for Capital Gains Tax purposes which applies when an individual aged 55 or over disposes of his business or an interest in a business. Visit MB Trading

  1. Q: Which forex online trading system has the realistic mobile-friendly program, in your opinion?

    Category: platform , Asked by: Y. Duran from United Kingdom

    A: "GCI" is totally the place if you look for a foreign exchange platform which supports access form mobile phones. The look is neat and the program's user interface is updated with the latest developments in a mobile adapted real trade environment - this mobile accessible platform is one of the leading examples of how a web forex trading interface should look.

  2. Q: what is the "redeposit"?

    Category: glossary , Asked by: H. Arnold from East York, Canada

    A: a "redeposit " is 1. The requirement for a person to reinvest a certain amount of money into their retirement fund after he or she previously requested and obtained a return on the deposits made to the fund during a set time period, in order to receive a certain payout from the fund upon retirement. 2. A cash management policy used by the Bank of Canada, where money is transferred from the central bank to the chartered banks. 1. If an employee is eligible at anytime to request a refund on the contributions made to a retirement fund, they will have to redeposit back into the fund at some point to retain the level of retirement pay they're due to receive before receiving the refund and to maintain the age at which they are eligible to retire. This repayment is referred to as a redeposit service. 2. By transferring money to the chartered banks, there is an injection of funds into the money supply. The purpose of increasing the money supply by a redeposit is to prevent interest rates from climbing too high.

  3. Q: please define the "age allowance"

    Category: glossary , Asked by: Kamden R. From East York, Canada

    A: An additional personal allowance and additional married couple's allowance for people aged 65 to 74 which reduces their income tax. A further increase in age allowance is applicable for people aged 75 and over.

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