Definition of tax relief in English:

tax relief

Line breaks: tax re¦lief

noun

[mass noun]
  • Remission of a proportion of income tax normally due on earned income: tax relief is available on the initial investment
    More example sentences
    • If you drive a solar-powered car, you get tax relief.
    • You get tax relief on your contributions, so each £100 you contribute costs you only £78.
    • If you did not use up all your valuable tax relief in one tax year, you could carry it forward to a later year.

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Word of the day kerf
Pronunciation: kərf
noun
a slit made by cutting with a saw