Remission of a proportion of income tax normally due on earned income: tax relief is available on the initial investment
More example sentences
- The President made small-business tax relief a priority.
- Gift Aid donations from taxpayers attract basic-rate tax relief at 22% at the very least.
- It allows staff to buy shares in the company cheaply, which is also supported by tax relief from the Inland Revenue.
For editors and proofreaders
Syllabification: tax re·lief
Definition of tax relief in:
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