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tax relief

Line breaks: tax re¦lief

Definition of tax relief in English:

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.

Definition of tax relief in:

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