Dependant

A dependant (Commonwealth English) or dependent (American English) is a person who relies on another as a primary source of income. For example, minors (children who are under the age of majority) are dependants of their parents or legal guardians. A common-law spouse who is financially supported by their partner may also be included in this definition.[1] In some jurisdictions, supporting a dependant may enable the provider to claim a tax deduction.


In the United Kingdom, a full-time student in higher education who financially supports another adult may qualify for an Adult Dependant's Grant.[2]

Taxation

In the US, a taxpayer may claim exemptions for their dependants.[3]

gollark: How ethical.
gollark: * tomorrow
gollark: ```luaprint("Bees approach from the north.")```
gollark: Consider rapidly. We have very little time until [REDACTED].
gollark: Too bad, you are to consider it.

See also

References
  1. "SE71308 - Tax treatment of Working Rule agreements: lodging allowances - definition of "dependant"". hmrc.gov.uk. HM Revenue and Customs. Archived from the original on 12 May 2010. Retrieved 2 May 2016.
  2. "Adult Dependants' Grant". gov.uk. HM Government. Retrieved 2 May 2016.
  3. "Understanding Taxes -Dependents".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.