tax reliefs

English - Turkish

English - English

Definition of tax reliefs in English English dictionary
tax relief: A saving of tax arising from the right to deduct particular types of payments or losses from taxable income or gains This includes payments for specific purposes that are statutorily allowable (such as personal pension contributions), as well as the general right to deduct losses from gains for capital gains tax purposes, or business losses from other income for income tax purposes
tax relief: Tax relief is a reduction in the amount of tax that a person or company has to pay, for example because of expenses associated with their business or property. mortgage interest tax relief. when you do not have to pay tax on part of what you earn, especially because you use the money for a particular purpose tax relief on
tax relief: The government allows an artificially low tax rate to encourage purchases or savings such as with pensions and ISA's
tax relief: giving discounts on taxes according to various criteria
tax relief: Reduction of the amount of tax due on income by offsetting items of expenditure which are allowable