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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.

Prang said fairness is a top priority: closing loopholes to make every property owner pay their fair share while also expanding access to tax relief programs to help seniors, veterans and nonprofits.

From Los Angeles Times • May 1, 2026

While Spirit’s talks with officials continue, industry executives see window to negotiate for financial assistance and tax relief.

From The Wall Street Journal • Apr. 27, 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

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

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