Declaração de rendimentos e deduções de I.R.S.

English translation: (Self-Assessment IT) Return of Income & Deductions (incl. Expenses, Reliefs & Allowances)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:Declaração de rendimentos e deduções de I.R.S.
English translation:(Self-Assessment IT) Return of Income & Deductions (incl. Expenses, Reliefs & Allowances)
Entered by: Adrian MM.

19:23 Jun 14, 2019
Portuguese to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Portuguese term or phrase: Declaração de rendimentos e deduções de I.R.S.
Este é o título do documento que passa a listar os rendimentos sujeito e isentos de IRS. A minha questão prende-se com as deduções... Será "personal allowance"?

Obrigada
Carolina Alves
United Kingdom
Local time: 10:29
(UK: SA > Self-Assessment IT) Return of Income & Deductions (incl. Expenses, Reliefs & Allowances)
Explanation:
IT = personal income (and, where appropriate) corporation) tax.

Self-assessment - now online with all the teething troubles and disappearing returns - had been introduced years ago by the UK Inland Revenue (HMRC > Her Majesty's Revenue & Customs) to shift the burden of work away from put-upon tax clerks (hard-drinking, I knew quite a few) and onto the taxpayer.

Deductions could include a multitude of tax-reducting claims, including - but not confined to - business and home-carers'/ nursing expenses, tax reliefs and allowances. Possibly tax exemptions are not included in the picture as they are not strictly deductions.

However, confusingly, an 'inheritance-tax nil-band' is not an exemption, but a multiplier by 0%! (the reason being that such multiplication triggers other kinds of 'concessions').

Selected response from:

Adrian MM.
Austria
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2(UK: SA > Self-Assessment IT) Return of Income & Deductions (incl. Expenses, Reliefs & Allowances)
Adrian MM.
4Earnings and Deductions Schedules in Personal / Individual Tax Return
Oliver Simões


  

Answers


19 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Earnings and Deductions Schedules in Personal / Individual Tax Return


Explanation:
Pelo que entendo, as declarações de rendimentos e deduções são conhecidas como "schedules", pelo menos em EN-US.

"Schedule A is an income tax form that U.S. taxpayers use to report their itemized deductions, which can help reduce their federal tax liability." - https://www.investopedia.com/terms/s/schedulea.asp

"The Schedule K-1 is the form that reports the amounts that are passed through to each party that has an interest in the entity." - https://turbotax.intuit.com/tax-tips/small-business-taxes/wh...

O termo IRS já foi respondido em outra pergunta.

Oliver Simões
United States
Local time: 02:29
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 28
Notes to answerer
Asker: Obrigada!

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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
(UK: SA > Self-Assessment IT) Return of Income & Deductions (incl. Expenses, Reliefs & Allowances)


Explanation:
IT = personal income (and, where appropriate) corporation) tax.

Self-assessment - now online with all the teething troubles and disappearing returns - had been introduced years ago by the UK Inland Revenue (HMRC > Her Majesty's Revenue & Customs) to shift the burden of work away from put-upon tax clerks (hard-drinking, I knew quite a few) and onto the taxpayer.

Deductions could include a multitude of tax-reducting claims, including - but not confined to - business and home-carers'/ nursing expenses, tax reliefs and allowances. Possibly tax exemptions are not included in the picture as they are not strictly deductions.

However, confusingly, an 'inheritance-tax nil-band' is not an exemption, but a multiplier by 0%! (the reason being that such multiplication triggers other kinds of 'concessions').



Example sentence(s):
  • Self Assessment tax returns - deadlines, who must send a tax return, penalties, corrections, paying your tax bill and returns for someone who has died.

    Reference: http://eng.proz.com/personal-glossaries/entry/2377966-declar...
    Reference: http://www.gov.uk/self-assessment-tax-returns
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Notes to answerer
Asker: Thank you so much :)


Peer comments on this answer (and responses from the answerer)
agree  Douglas Bissell
9 hrs
  -> Thanks and obrigado!

agree  Mario Freitas:
1 day 3 hrs
  -> Obrigado and thanks!
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