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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.

Australia this week announced temporary tax relief for small businesses and halved a fuel tax to help motorists experiencing soaring petrol prices, but has resisted imposing fuel restrictions.

From Barron's • Apr. 1, 2026

Some hoped that tariff clarity, easing inflation and tax relief would make 2026 a bit better than 2025.

From MarketWatch • Feb. 14, 2026

Her agenda includes new investment in strategic industries, temporary tax relief for inflation-weary consumers and fatter defense budgets.

From The Wall Street Journal • Feb. 9, 2026

Some people may be missing out on tax relief by submitting an incomplete tax return or not doing one at all.

From BBC • Jan. 30, 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