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tax relief

British  

noun

  1. a reduction in the amount of tax a person or company has to pay

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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She said many middle-earners in the island had been squeezed by an increase in interest rates and the end of mortgage interest tax relief for homeowners.

From BBC Jul. 29, 2026

The tax relief would mean an average family is about 600 euros better off per year, the parties said.

From Barron's Jul. 2, 2026

“You take on extra reporting and compliance, without getting any of the tax relief that makes the account attractive in the first place,” he says.

From MarketWatch Jul. 2, 2026

The recovery was marked by additional stumbles, reversing course on traffic checkpoints, tax relief for wildfire victims and the need for a single recovery chief.

From Los Angeles Times May 27, 2026

The government offered very generous terms and incentives to relocate to the big towns, mortgages and tax relief.

From "The Underground Railroad: A Novel" by Colson Whitehead

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