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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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The cut will cost £100m and will be funded by a review of tax relief on firms such as vape shops which "do not make a positive contribution to local communities", the government said.

From BBC Jul. 23, 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

Analysts have since wondered about the timing of any rescheduling, which has faced a bumpy road in the past, and whether it could lead to bigger tax relief and greater banking access for the industry.

From MarketWatch Apr. 22, 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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