tax relief

noun

1. a reduction in the amount of tax a person or company has to pay

Example Sentences

However, previous chancellors who have been tempted to change to the higher rate tax relief on pension contributions have not done so.

From BBC

There is often speculation about possible changes to pension rules ahead of the Budget, such as the tax relief available to savers and the level of the tax-free lump sum which can be withdrawn.

From BBC

In 1997, the Treasury introduced tax relief on investments in domestic films to try to boost the UK film industry.

From BBC

The introduction of National Insurance tax for landlords, removing the capital gains tax relief on selling pricier homes, abolishing stamp duty, and replacing council tax with a national property tax are some of the options reportedly being discussed.

From BBC

For Mr Radstone, it is through offering tax relief to buyers, as well as ensuring that everyone who takes out a mortgage keeps an up-to-date will to prevent probate hold-ups.

From BBC