Longman Dictionary of Contemporary English homepage

tax

1 noun
     
Related topics: Tax
tax1 S1 W1
[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
tax on
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)
before/after tax
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.

Dictionary pictures of the day
Do you know what each of these is called?
What is the word for picture 1? What is the word for picture 2? What is the word for picture 3? What is the word for picture 4?
Click on any of the pictures above to find out what it is called.

Explore our topic dictionary