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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

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New Mexico last year backfilled all of the enhanced tax credit dollars for its residents, and enrollment in the state’s ACA plans rose.

From MarketWatch ● Nov. 4, 2026

The proposal would include credits for above-the-line talent and extend the tax credit through 2040, according to a press release Monday.

From Los Angeles Times ● Nov. 2, 2026

In October, Insurance Commissioner John King released a proposed waiver amendment that would replace the federal premium tax credit with a Predictable Fixed Credit.

From The Wall Street Journal ● Nov. 1, 2026

Loss of the biodiesel tax credit put upward pressure on the cost of all goods moved by truck.

From The Wall Street Journal ● Oct. 11, 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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