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tax credit

British  

noun

  1. (in Britain) a social security benefit paid in the form of an additional income tax allowance

"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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Education reformers were rightly on alert to see if states could pile on regulations to make the tax credit unworkable.

From The Wall Street Journal • Jun. 11, 2026

A $7,500 EV tax credit for new vehicles expired in September.

From Los Angeles Times • Jun. 10, 2026

U.S. car buyers lost the $7,500 federal EV purchase tax credit in September.

From Barron's • Jun. 9, 2026

That may require a much richer earned-income tax credit program.

From The Wall Street Journal • Jun. 4, 2026

Some draw on government help in the form of food stamps, housing vouchers, the earned income tax credit, or—for those coming off welfare in relatively generous states—subsidized child care.

From "Nickel and Dimed: On (Not) Getting By in America" by Barbara Ehrenreich

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