In tax law, the deductions from gross income allowed investors in exhaustible commodities (such as minerals, oil, or gas) for the depletion of the deposits. The depletion allowance is intended as an incentive to stimulate investment in this high-risk industry, though critics argue that mineral deposits are valuable enough to justify high levels of investment even without tax incentives. Seealso depreciation.
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Allowance may refer to:
Allowance costs freewheel: the perception is that offering a cash allowance instead of a car means no admin, but in reality it means completely different admin.
Aug 01, 2003; Despite the percentage of employers that provided the choice between a company car or a cash Allowance increasing from 6%...