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allowable Definition

al·low·able (ə lo̵uə bəl)

adjective

that can be allowed; permissible

allowable Related Forms
al·low·ably adverb
allowable Synonyms

allowable

modif.

allowable Usage Examples

Preposition: against

  • profit: Lease rental payments are deemed by the Inland Revenue to be 100 % expense allowable against taxable profits.
  • tax: Certain agreements offer taxation savings as all rentals may be allowable against corporation tax.
  • income: Any element of the loan repayment relating to capital is not allowable against the rental income.

Preposition: as

  • deduction: The initial cost of the herd and the cost of any additions are not allowable as trading deductions.
  • expense: Although the employer contributions are allowable as a business expense, they are fully taxable to the member as a benefit in kind.

Modifies a noun

  • deduction: These are allowable tax deductions provided there is no element of improvement in the repair.
  • expense: The interest charges on your mortgage account are an allowable expense which you can set off against your rental income.
  • expenditure: Generally however the rules for allowable expenditure are more generous.
  • deviation: BASIC DIAMETER TOLERANCE is the maximum allowable deviation in any ball mean diameter from the basic diameter ordered.
  • loss: Subsequently, steps were taken by the trustees to create allowable losses which would be offset against the gains held over.
  • catch: So all fish beyond the " allowable catch " have to be thrown back dead, as the noble Lady said.

Modifying Another Word

  • typically: The " spurious emissions, " as they term it, are typically allowable at levels above the margin of safety required for.. .
  • not: Equally, however, any loss in the gap is not allowable.
  • only: The only allowable spinning states are at their intersections.
  • also: Certain housing costs are also allowable - e.g. help with mortgage interest, some loans secured on home.

Preposition: at

  • level: The " spurious emissions, " as they term it, are typically allowable at levels above the margin of safety required for.. .

Preposition: under

  • section: In such cases abortive expenditure of the types shown above will still be allowable under Section 84(4 ) FA 1996.
  • law: ALL offenders will be prosecuted to the maximum allowable under current copyright laws.

Preposition: for

  • purpose: These will be allowable for tax purposes where they are incurred solely for business purposes.

Preposition: by

  • law: By using this site you agree to hold Impet2us.co.uk harmless in all capacities to the fullest extent allowable by law.

Browse dictionary entries near allowable

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  2. allow
  3. allover
  4. allotype
  5. allottee
  6. allotropy
  7. allotropic
  8. allotrope
  9. allotment
  10. allot
  1. allowance
  2. allowance method
  3. allowedly
  4. alloy
  5. allseed
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  10. allure