English version


From Longman Dictionary of Contemporary English
Related topics: Tax
allowanceal‧low‧ance /əˈlaʊəns/ ●●○ noun  1 PET[countable usually singular] an amount of money that you are given regularly or for a special purposea monthly/annual etc allowance His father gives him a monthly allowance of £200.allowance for Do you get an allowance for clothes? Sales staff get a generous mileage allowance or a company car. If you are entitled to sickness allowance, you must claim it from your employer.2 AMOUNT[countable usually singular] an amount of something that is acceptable or safe the recommended daily allowance of Vitamin C Passengers’ baggage allowance is 75 pounds per person.3 [countable] British English an amount of money that you can earn without paying tax on it a new tax allowance4 [countable usually singular] especially American English a small amount of money that a parent regularly gives to a child syn pocket money British English5 [countable, uncountable] something that you consider when deciding what is likely to happen, what you should expect etcallowance for There is always an allowance in insurance premiums for whether someone smokes or not.make (an) allowance/make allowances (for something) The budget makes allowances for extra staff when needed.6 make allowance/allowances (for somebody)
Examples from the Corpus
allowanceSome students have an allowance from their parents.The baggage allowance is 75 pounds per person.Does your mom give you a clothing allowance?A glass of orange juice provides the recommended daily allowance of Vitamin C.The young Moynihan urged enactment of a scheme called child or family allowances.They had backed up huge demands for cost of living allowances and then found that they had to find the money.These are child benefits, industrial injuries and death benefits, certain invalidity benefits, and attendance and mobility allowances.In exchange for looking after the children, Annie has all her meals paid for and receives a small monthly allowance.A large boost to their independent solvency has been the Friday night allowance.While imports required a royal allowance to buy and support, this car has always been priced at more affordable levels.Mom gave us kids a weekly allowance if we kept our rooms clean.I think my yearly allowance is about three hundred, you know, so I'm rapidly running out.get an allowanceSusan got an allowance from her father.daily allowanceFew men could fail to shed weight at a satisfactory rate on a daily allowance of 1,500 calories.Know your average daily allowance for meat.Many companies institutionalize dishonesty and exploitation of expenses by paying daily allowances.The current recommended daily allowance for vitamin E is 30 milligrams a day.Nutritional deficiency must be avoided by providing the recommended daily allowance of protein in the evening meal and later in the day.The recommended daily allowance of B12 is three milligrams daily.This time she asked Congress to approve a 100 percent increase in soldiers' daily allowance.In Long Kesh Prison, fellow prisoners used to save for him part of their daily allowance of milk.tax allowanceIt offered married men a tax allowance of some one-and-a-half times the single person's allowance to which working wives were entitled.These include a capital gains tax cut, a 15% investment tax allowance and across-the-board tax rate cuts.Governments could have offset declining profitability by cutting taxes on profits or by increasing the generosity of tax allowances given for investment.Now, though, a wife has her own tax allowances and can make refund claims in her own name.And freezing personal tax allowances means more people will have to pay tax.This could, of course, be extended to the whole range of non-personal tax allowances.Personal tax allowances are expected to be frozen and taxes on petrol, drink and tobacco raised.The cardinal rule is: only register if your taxable income is less than your tax allowances.
From Longman Business Dictionaryallowanceal‧low‧ance /əˈlaʊəns/ noun1[countable] an amount of money that someone is given regularly or for a special reasonShe earns a package worth $1 million, including a $15,000 clothing allowance. cost of living allowance entertainment allowance family allowance job-seeker's allowance subsistence allowance2[countable]ACCOUNTING an amount that a company thinks it may lose in the future, and includes in its accounts as a PROVISIONallowance forThe company has made an increase in its allowance for bad debt. loan-loss allowance3[countable]TAX an amount of money that a person can earn without paying tax on it income tax allowance personal allowance4[countable]TAX a maximum amount of goods that you can buy without paying tax on them when taking them into another countryThey may introduce higher sales taxes on purchases above the duty-free allowance.5[countable]TAX an amount that can be taken off a business’s profit figure when calculating tax. Allowances are often used to encourage particular business decisions, such as spending on new machinery auto-expense allowance capital allowance depreciation allowance writing-down allowance6[countable]MARKETING a reduction in price given to retailers by manufacturers or WHOLESALERsThe company had to give retailers special allowances so they could lower the price. see also oversubscription allowance