The credit is limited to the amount of the business income tax liability or social security tax owed. A taxable business may apply the credit against its business income tax liability, and the normal carry-back and carry-forward rules apply. See the instructions for Form 3800, General Business Credit, for more details.
Share. By Ashley Crossman. Definition: A voluntary association is a group or organization that people may join or leave freely, that is free of external control, and whose purpose, goals, and methods are up to the members to determine.hare. By Ashley Crossman. Definition: A voluntary association is a group or organization that people may join or leave freely, that is free of external control, and whose purpose, goals, and methods are up to the members to determine.
Voluntary redundancy (VR) is a financial incentive offered by an organisation to encourage employees to voluntarily resign, typically in downsizing or restructuring situations.t can also be motivated by the strategic choice to change the age structure within the company. According to research, people who accept voluntary redundancy may at times return to the company after changes in the company's prospects, strategic vision, or economic climate and, in doing so, may bring new ideas.