tax credit

British  

noun

1. (in Britain) a social security benefit paid in the form of an additional income tax allowance

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Example Sentences

See Examples For:

tax credit

Already, tens of thousands of jobs have come back to Southern California due to the modernization of the film and TV tax credit program, he said.

From Los Angeles Times ● Aug. 19, 2026

Chief financial officer Felipe Santana said most of the additional profits were from a one-off tax credit of $68 million, which he described as a "refund" of previous tariffs.

From Barron's ● Aug. 10, 2026

Nine television shows, including a sequel to the 1995 hit “Clueless,” have been awarded a tax credit for filming in the Golden State, according to the California Film Commission.

From Los Angeles Times ● Aug. 10, 2026

The now-retired Virginia resident used the EV tax credit to get an $819 monthly payment after a roughly $11,000 deposit on a 2024 Rivian R1S Quad-Motor; the car would cost $121,990 to purchase.

From The Wall Street Journal ● Aug. 8, 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