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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

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

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 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

Part of the extra revenue will be used to provide property tax relief for some Maine residents, Mills said.

From The Wall Street Journal • Apr. 19, 2026

Various other changes also come into force at this time of year, including alterations to inheritance tax on farms, tax on dividends, tax relief on venture capital trusts, and homeworking tax relief.

From BBC • Apr. 5, 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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