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What else can I help you with?
Do peers get paid for working in parliament?
Yes, members of the House of Lords, known as peers, can receive financial compensation for their work in Parliament. They are entitled to claim a daily allowance for attending sessions, which covers expenses such as travel and accommodation. However, unlike Members of Parliament in the House of Commons, peers do not receive a salary. Some may also receive payment for specific roles, such as committee work or leadership positions.
Is the word 'approval' a verb?
No - the verb is 'approve', as in - "please approve my expenses claim". But in "my expenses claim is waiting approval", 'approval' is a noun.
Can you claim travel expenses on your taxes?
Yes, you can claim travel expenses on your taxes if they are related to business purposes, such as attending a conference or meeting with clients. However, personal travel expenses are generally not deductible.
Are executor expenses tax deductible?
they are not a deductable amount. You can claim expenses as an executor against the estate funds. However, if you do claim executor expenses against the amount of the estate they are taxed as income for the person claiming them.
Can you claim child care expenses on your taxes?
Yes, you can claim child care expenses on your taxes as a deduction if you meet certain criteria and requirements set by the IRS.
Can you claim therapy expenses on your taxes?
Yes, you can claim therapy expenses on your taxes as a medical expense deduction if they are considered necessary for the treatment of a diagnosed medical condition.
Where can I find out what corporate vacation expenses I can claim as a business expense?
I believe this web site www.corpvacations.com/ would be a great site to see what expenses can be claim as business expenses. Also to see certain places to go.
How can I reimburse expenses from my FSA account?
To reimburse expenses from your FSA account, you typically need to submit a claim form along with receipts or documentation of the expenses incurred. The FSA administrator will review the claim and process the reimbursement accordingly.
Why can British politicians claim parliamentary expenses in addition to their salary?
The whole system of parliamentary expenses is highly controversial, and there is a lot of opinion surrounding whether MPs and indeed Lords should be allowed to claim expenses in addition to their salary (base of £65,738). Expenses are intended for politicians to pay for their staff, travel and living arrangements when undertaking their office. Depending on the location of their constituency, MPs are likely to have two houses; one in their constituency, and one closer to Westminster. This is the main reason why MPs can claim a living allowance - travelling to and from Westminster on a daily basis would be extremely expensive and time-consuming.
What is a low priority claim?
A claim that gets paid only after higher priority claims are paid in full. Higher priority claims can include expenses of last sickness, funeral expenses, expenses of administering the decedent's estate, and sometimes child support.
Can you use flexible spending account and claim medical expenses?
Yes but you can NOT deduct the medical expenses that are paid for from your FSA account.
What form do you I use to claim funeral expenses on taxes?
Funeral expenses are not deductible on a tax return (IRS Pub 502).
