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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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"The external intervention we need is from government in the shape of grassroots music festival tax relief. Festivals eat and drink risk, but tax relief mitigates some of that risk."

From BBC Jul. 12, 2026

Chancellor Friedrich Merz’s government has tried tax relief and energy price cuts, but efforts have not borne fruit.

From The Wall Street Journal Jun. 28, 2026

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

Analysts have since wondered about the timing of any rescheduling, which has faced a bumpy road in the past, and whether it could lead to bigger tax relief and greater banking access for the industry.

From MarketWatch Apr. 22, 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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