Results for “insurance”

Average clause settlement for underinsurance: the loss times sum insured over value at risk, capped at the loss.

Loss ratio, expense ratio and combined ratio in basis points, from earned premium, incurred claims and expenses.

Pay a premium by monthly instalments: deposit, flat credit charge, instalments exact to the penny, and the APR.

Return premium on mid-term cancellation, pro rata or on a short-period scale, with an optional minimum retained premium.

UK Insurance Premium Tax at the standard or higher rate in force on a date, added to or taken out of a premium.

No-claims discount at renewal: earn a year, or step back after claims on the insurer's scale, with NCD protection.

Additional or return premium for a mid-term policy change, pro rata on the days left, plus an admin fee.

Claim payout after the compulsory and voluntary excess, capped at the policy limit.

Premium from a base rate times factor-table lookups, loadings and discounts, within minimum and maximum premiums.

Age at policy inception and the rating band it falls in, from a table of age bands.

Claim reserve history: paid, recovered, outstanding and incurred after each transaction, and the movement.

Employee and employer Class 1 National Insurance for one payment by category letter, exact percentage method.

Check a UK National Insurance number's format and HMRC's disallowed prefix letters, and normalise it.

A UK payslip for one pay period: gross pay, pension, PAYE tax, National Insurance, student loans and net pay.

Whole-life cost per mile of a vehicle, in tenths of a penny, from depreciation, fuel, maintenance, insurance and tax.

Who pays which costs and where risk passes under an Incoterms 2020 rule, from EXW to DDP, FOB and CIF.

Split an invoice across accounting periods by days of service, for accruals, prepayments and deferred income.

UK Payroll Giving for one pay period: the donation comes off pay before PAYE, and the tax it saves the employee.

Estimate import duty and import VAT on goods: customs value on a CIF basis, the caller's duty rate, VAT on top.

The UK PAYE tax week, tax month and payroll period number that a pay date falls in, weeks 53, 54 and 56 included.

Gross and net rental yield of a let property, in basis points, from annual rent, costs and value.

Share a tips pool (tronc) between staff by hours worked, points, or hours times points, exactly to the penny.

The gross pay that gives at least a target net pay in one UK pay period, found by a deterministic search.

Interim valuation: gross value to date, retention, previous payments, amount due, VAT or reverse charge, and CIS.

Cancellation fee for a booking from a policy of notice bands and the days of notice given.

UK company car benefit in kind: appropriate percentage by CO2 and electric range, car and fuel benefit for a tax year.

Retention held and released on a construction valuation: full rate, half at practical completion, none at the end.

Value unbilled time (work in progress) at cost or charge-out rates, less a write-down percentage.

HMRC approved mileage allowance payments for an employee's own vehicle: tax-free amount, taxable excess or relief.

The court fee to issue a money claim in England and Wales, from the claim value bands in force on a date.

A vehicle's current value from its cost, age and mileage, on retention curves the caller supplies, exactly.

A subscription renewal invoice: plan, add-ons and usage, coupon discounts by billing period, and VAT.

Apply money held on account in client account to bills in order: what each bill takes, what stays due, what is left.

A graduate's student or postgraduate loan repayment for a tax year, as Self Assessment works it out.

Workplace pension contributions for one pay period: qualifying earnings band, employee and employer shares, tax relief.

Level repayment for a loan (annuity formula), computed exactly and rounded once, the way you choose.

ISA allowance used and remaining for a UK tax year: the overall limit, Lifetime ISA, cash ISA and Junior ISA.

Early settlement discount available on a payment date under "2/10 net 30" style terms, and the amount to pay.

UK share matching for CGT: same-day, 30-day bed-and-breakfast, then the Section 104 pool; allowable cost per disposal.

Debt-to-income and a stressed-rate affordability test for a proposed loan's monthly repayment.

A buyer's completion statement: price less deposit, ground rent and service charge apportioned to completion, plus fees.

Maximum holding deposit to reserve a rental property: one week's rent (annual rent ÷ 52), rounded down.

Statutory redundancy pay from age, completed years of service (at most 20) and a week's pay capped by date.

Whether a cost passed to a client is a VAT disbursement (outside scope) or a recharge (VAT due), per HMRC Notice 700.

Construction Industry Scheme deduction (0, 20 or 30%) on the labour part of a subcontractor payment.

Safety stock in whole units, by service level and demand variability (z-score) or by max-minus-average.

Maximum tenancy deposit a landlord may take: five or six weeks' rent under the Tenant Fees Act 2019.

Stamp duty on a property purchase: SDLT (England, NI), LBTT (Scotland), LTT (Wales), with reliefs and surcharges.

Tuition fee instalment schedule from a total, shares and due dates, exact to the penny.

Mortgage affordability: the loan-to-income multiple and a stress-tested repayment against income, both checked.

Statutory interest on a judgment debt (8% simple, daily) or a late commercial debt, England and Wales.