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Dutch to English translations [PRO] Bus/Financial - Law (general) | | Dutch term or phrase: beslagvrije voet | | verder geen context, helaas |
| Robert AvakKudoZ activityQuestions: 99 (none open) ( 4 without valid answers) ( 1 closed without grading) Answers: 24
| Local time: 12:48
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| | protected earnings level / threshold | Explanation: This is much more commonly referred to as "protected earnings", rather than "attachment exempt", e.g.
"Protected Earnings Level
The level of protected earnings is the amount of the taxpayer’s earnings that must be available to the taxpayer after deduction of Court Orders. This will be specified in the order.
The protected level of earnings also applies to Student Loan deductions if
* There is also a priority Court Order in force against the borrower
And
* The Court Order specifies a protected level of earnings
In this case the total deductions, (Court Order(s) plus Student Loan deductions), must not reduce the net income below the protected level of earnings.
If there are several priority Court Orders against the same borrower it is possible that there will be more than one level of protected earnings. For calculating Student Loan deductions, use the most recent level of protected earnings."
ref. http://www.hmrc.gov.uk/manuals/cslmanual/Glossary/glo002110....
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| Selected response from: Adam Smith United Kingdom Local time: 11:48
| Grading comment Thanks very much Adam, your explanation was more than adequate! 4 KudoZ points were awarded for this answer |
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1 day12 hrs confidence:   protected earnings level / threshold
Explanation: This is much more commonly referred to as "protected earnings", rather than "attachment exempt", e.g.
"Protected Earnings Level
The level of protected earnings is the amount of the taxpayer’s earnings that must be available to the taxpayer after deduction of Court Orders. This will be specified in the order.
The protected level of earnings also applies to Student Loan deductions if
* There is also a priority Court Order in force against the borrower
And
* The Court Order specifies a protected level of earnings
In this case the total deductions, (Court Order(s) plus Student Loan deductions), must not reduce the net income below the protected level of earnings.
If there are several priority Court Orders against the same borrower it is possible that there will be more than one level of protected earnings. For calculating Student Loan deductions, use the most recent level of protected earnings."
ref. http://www.hmrc.gov.uk/manuals/cslmanual/Glossary/glo002110....
| Adam Smith United Kingdom Local time: 11:48 Specializes in field Native speaker of: English PRO pts in category: 172
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| | Grading comment | Thanks very much Adam, your explanation was more than adequate! |
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