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In GB it's the personal allowance

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Q: What is an individuals income before taxes are paid called?
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What is the amount of income individuals have after they save and pay their taxes?

= the amount of income individuals have after they save and pay their taxes? =


What do you call the amount a person takes home after taxes?

That is called your Net income. Before taxes it is called Gross income.


Is profits income before taxes?

the operating income represents the income before income tax , it is not called profits


Is gross income before or after taxes?

Gross income is an individual’s total pay before taxes or other deductions. So, for example, if your monthly income is $3,000 but you only receive $2,000 take-home pay, your net income would be $2,000 while your gross income would be $3,000.


Does Texas have state income taxes?

No Texas does not have a state income tax.


Which of these is the amount of income individuals have after they save and pay their taxes?

Disposable income


Is Annual income before or after taxes?

It could be either one that you want it to be called.Annual income before taxes for the year.Or Annual income after taxes for the year.


What is income that is not subject to taxes also called tax exempt income?

what is income that is not subject to taxes, also called "tax exempt income?"


Is annual income calculated before or after taxes?

Annual gross taxable income and your adjusted gross income amount of worldwide income would be calculated before taxes.


What is aggregate income?

The total amount that households and businesses receive before taxes and other expenses are deducted is called aggregate income.


Does annual income mean with taxes?

Annual income is gross salary before taxes. Net income is after taxes.


Which statement regarding state income tax is not true?

State income taxes apply only to individuals.