Glossary entry (derived from question below)
Romanian term or phrase:
avantaj in natura net echiv brut
English translation:
benefit-in-kind, net for gross
Added to glossary by
Elena
Apr 26, 2021 18:00
3 yrs ago
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Romanian term
avantaj in natura net echiv brut
Romanian to English
Other
Other
Bonus net / Bonus productiv 15
Bonus recom./Alte bonusuri 0
Nr tichete masa 5
Avantaj in natura net echiv brut 11000
Nu inteleg ce vrea sa spuna cu „net echiv brut”.
Bonus recom./Alte bonusuri 0
Nr tichete masa 5
Avantaj in natura net echiv brut 11000
Nu inteleg ce vrea sa spuna cu „net echiv brut”.
Proposed translations
(English)
3 | benefit-in-kind, net for gross | Adrian MM. |
Proposed translations
3 hrs
Selected
benefit-in-kind, net for gross
if this is about the 'grossed-up cash equivalent' for tax purposes, then 11,000 Ley or Euros might be the net figure considered to include the tax total gross... e.g. grossed up to 12,000.
I know the tax score, but not the Romanian ...
I know the tax score, but not the Romanian ...
Example sentence:
Cash Equivalents and Gross Versus Net Presentation: Issues and Examples
The employer calculates the tax due on the grossed-up value of the benefits in kind. A special class of NIC, Class 1B, is payable on the grossed-up value of the benefit.
4 KudoZ points awarded for this answer.
Comment: "Multumesc!"
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