An agreement to pay a regular amount of money, particularly when this enables the recipient (typically a charity) to reclaim any tax paid by the donor on the amount.
Oraciones de ejemplo
- ‘I remember once I spent a month going round all the company's Swindon offices encouraging people to make their regular donations by deed of covenant instead of just giving deductions from their pay,’ she said.
- A child or other relation can provide a deed of covenant for an older person to assist with nursing home fees and claim income tax relief at their marginal rate on contributions.
- To protect its investment the Government has also entered into a deed of covenant with the groups stipulating the terms under which State funding has been provided.
For editors and proofreaders
Saltos de línea: deed of cov¦en|ant
¿Qué te llama la atención de esta palabra o frase?
Los comentarios que no respeten nuestras Normas comunitarias podrían ser moderados o eliminados.
Muy popular en Reino Unido
Muy popular en Australia
= de moda