Glossary entry

Dutch term or phrase:

Belastbaar

English translation:

Taxable

Added to glossary by coral
Oct 18, 2002 15:47
21 yrs ago
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Dutch term

BELASTBAAR

Dutch to English Bus/Financial Accounting accounting
BELASTBAAR :
Bedrijfsvoorheffing :
BIJZ.BIJDR.SOC.ZEK.
Proposed translations (English)
5 Payroll terms

Proposed translations

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Payroll terms

BELASTBAAR = TAXABLE (from "belasting" (tax) and the suffix "-baar" = able)

Bedrijfsvoorheffing: prepayment of taxes or monies withheld from your paycheck by your company for your personal tax purposes.

BIJZ.BIJDR.SOC.ZEK.
Abbreviation for Bijzondere bijdrage aan Sociale Zekerheid
i.o.w. -> Special Contribution to Social Security.

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Note added at 2002-10-18 16:46:48 (GMT)
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Normal withholdings: for common/regular salaries
-a system of joint filing: for married or partnered workers with 1 income in the family.
-a system of independents: for everyone else not filing jointly

Exceptional withholdings: for uncommon salaries
-minimum pay scale 1-extremely high percentage: for yearly/quarterly premiums and commisions;
-minimum pay scale 2-high percentage: for vacation monies;
-minimum pay scale 3-low percentage: for overdue compensation & severence pay (?)
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4 KudoZ points awarded for this answer. Comment: "Thank you a lot for your help. If there is something English/Romanian or Romanian /English (general things) do not hesitate to ask on [email protected]. With my best wishes, coral"
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