Net Income After Taxes (NIAT)
Definition - What does Net Income After Taxes (NIAT) mean?
Net income after taxes (NIAT) refers to money received from work or business after paying operational expenses and financial obligation to the state. A company is obliged to share this information through its income statement.
It is also called profit earnings or net earnings.
Insuranceopedia explains Net Income After Taxes (NIAT)
To calculate net income after taxes, subtract expenses and taxes from the total revenue. Expenses can come from salary, rent, or utilities.
A company's net income after taxes is disclosed to its shareholders through its financial statement. This allows the shareholders to know how much they can earn from their shares. It also determines whether the value of the company stocks will rise or fall.