Example sentences of "be offset against the [noun] " in BNC.

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1 ACT can only be offset against the UK tax on overseas income after deducting double tax relief ( see my article in ACCOUNTANCY , November 1990 , p 84 ) .
2 A bank account standing in credit , and charged with debts owed to the bank by other account holders , can be offset against the debts in the bank 's liquidation ( p 111 ) .
3 The ACT may be offset against the company 's liability to mainstream corporation tax in the usual way .
4 Today , when facing the outside world , the strategy of senior civil servants is also frequently one of hedging ; programmes are often put up to three donors simultaneously , so that the influence of one can be offset against the influence of another .
5 Can this expense be offset against the director 's Schedule E assessment on the grounds that the guarantee had been given wholly , necessarily and exclusively for the purpose of the business ?
6 Advance Corporation Tax to be offset against the Corporation Tax liability of the following year is carried forward .
7 If a partner or sole trader has more than one business enterprise ( e.g. two or three small cafes ) , and one is successful whilst another runs at a loss , the loss incurred by one enterprise may be offset against the tax liability for the successful enterprise .
8 ( f ) Losses accruing in one bonus period should not be offset against the bonus earned by employees in another .
9 The advantages of this kind of map are cheapness and rapidity of production but these advantages have to be offset against the crudity of the printer map relative to the high-quality pen-plotter map .
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