avantaj in natura net echiv brut

English translation: benefit-in-kind, net for gross

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Romanian term or phrase:avantaj in natura net echiv brut
English translation:benefit-in-kind, net for gross
Entered by: Elena

18:00 Apr 26, 2021
Romanian to English translations [PRO]
Other
Romanian term or phrase: avantaj in natura net echiv brut
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”.
Elena
Türkiye
Local time: 18:26
benefit-in-kind, net for gross
Explanation:
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 ...
Selected response from:

Adrian MM.
Austria
Grading comment
Multumesc!
4 KudoZ points were awarded for this answer



Summary of answers provided
3benefit-in-kind, net for gross
Adrian MM.


  

Answers


3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
benefit-in-kind, net for gross


Explanation:
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 ...

Example sentence(s):
  • 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.

    Reference: http://www.proz.com/kudoz/german-to-english/business-commerc...
Adrian MM.
Austria
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Multumesc!
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