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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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Lecornu also announced tax relief and unemployment funds to assist those businesses affected by the violence.

From The Wall Street Journal ● Oct. 19, 2026

She said many middle-earners in the island had been squeezed by an increase in interest rates and the end of mortgage interest tax relief for homeowners.

From BBC ● Jul. 29, 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

“You take on extra reporting and compliance, without getting any of the tax relief that makes the account attractive in the first place,” he says.

From MarketWatch ● Jul. 2, 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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