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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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For someone with no or low earnings, up to £2,880 can be paid in each tax year, with basic-rate tax relief increasing that to £3,600.

From BBC ● Sep. 10, 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

“This kind of property tax relief could be vital.”

From Los Angeles Times ● May 13, 2026

The full tax relief, if implemented, might not materialize for drivers, because suppliers may have some pricing power, while drivers have no choice but to pay the pump price, Smetters said.

From MarketWatch ● May 11, 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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