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From Longman Dictionary of Contemporary English
Related topics: Tax
chargeablecharge‧a‧ble /ˈtʃɑːdʒəbəl $ ˈtʃɑːr-/ adjective British English  1 BFBCOSTneeding to be paid for Advice will be given as a chargeable service.2 PETsomething that is chargeable must have tax paid on it chargeable assets
Examples from the Corpus
chargeableThis was repealed in 1971 and chargeable assets in a deceased's estate pass to the heirs at probate value.chargeable expensesLiability to capital gains tax arises where a chargeable gain is made on the disposal of company assets.In the first three years of trading, the haulier should be careful not to make any chargeable gains for tax purposes.Their costs, in lost chargeable hours, are borne by their firms rather than by registered auditors as a body.The danger is that the pressure to reach target leads you to exaggerate chargeable hours.If the persons are resident in the United Kingdom they are chargeable to tax regardless of the location of the income source.Inheritance tax is charged on the value transferred by a chargeable transfer. 2.
From Longman Business Dictionarychargeablecharge‧a‧ble /ˈtʃɑːdʒəbəlˈtʃɑːr-/ adjective1FINANCECOMMERCEan amount of money that is chargeable can be charged and must be paidThe Tribunal determined that the legal fees chargeable were £4078 plus VAT.2COMMERCEwork or time that is chargeable must be paid forPartners in independent accountancy practices record, on average, over 1000 chargeable hours per annum, according to the survey.3TAXif income or profits are chargeable, tax must be paid on themThe company’s chargeable profits for the period were agreed at £66,030,816.
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