Explore TAX Topic
allowance bonded warehouse capital gains tax capital levy capitation car tax chargeable death duties declare direct tax dutiable duty duty-free(a) duty-free(n) estate tax excise exemption fiscal year income tax indirect tax inheritance tax inspector of taxes Internal Revenue Service levy(v) levy(n) overtax payroll tax personal allowance poll tax progressive tax ratepayer rebate regressive tax return revenue sales tax stamp stamp duty surtax tariff tax(n) tax(v) taxation tax avoidance tax bracket tax break tax-deductible tax-deferred tax disc tax dodge tax evasion tax exempt tax exile tax haven tax inspector taxman taxpayer tax relief tax return tax shelter tax year tithe user fee value-added tax VAT withholding tax
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[uncountable and countable]
an amount of money that you must pay to the government according to your income, property, goods etc and that is used to pay for public services
a tax on fuel
He already pays 40% tax on his income.
the basic rate of tax
direct tax (=tax on income)
indirect tax (=tax on things you buy)
profits before tax of £85.9 m
The total tax burden (=the amount of tax paid) has risen only slightly.
The government has introduced tax incentives (=an offer of cheaper taxes to encourage people to do something) for fuel-efficient cars.