tax relief

British

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Some analysts expect a rebound for the retail segment this year, as wealthier shoppers benefit from more tax relief and as lower interest rates offer a potential boost to the economy.

From MarketWatch

You can also get tax relief on pension contributions.

From BBC

Some hoped that tariff clarity, easing inflation and tax relief would make 2026 a bit better than 2025.

From MarketWatch

Dozens of Greek farmers on Friday took their tractors into Athens to demand tax relief and state support, after a 55-day nationwide protest that blocked highways and border crossings.

From Barron's

Her agenda includes new investment in strategic industries, temporary tax relief for inflation-weary consumers and fatter defense budgets.

From The Wall Street Journal

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023