exemptionex‧emp‧tion /ɪɡˈzempʃən/ ●○○ noun 
You qualify for a tax exemption on the loan.2[countable, uncountable] permission not to do or pay something that you would normally have to do or payexemption from exemption from customs duties The commission granted temporary exemptions.
EXAMPLES FROM OTHER DICTIONARIES
- a tax exemption for a dependent child
- As a defence, the Council pleaded an exemption clause printed on the back of the ticket.
- Details of other specific exemptions are included in the Regulations.
- From 1986, only employers with less than ten employees were eligible, but this exemption was subsequently abolished in 1990.
- In 1920, Austen Chamberlain transformed the system by allowing tax exemptions to be claimed nomatterhow big the taxpayer's income.
- It is the broker's job to make sure the haulier fully understands the small print of the exemption and other clauses.
- Tax exemptions for the property of literary and artistic figures is also proposed.
- The purpose and application of this exemption are not clear.
- There would also be an exemption of $ 5, 000 per child.
WORD SETS
ad valorem tax, allowance, nounanti-dumping, adjectivebasic rate, bonded factory, bonded warehouse, nounbusiness gift, cabinet bid, capital allowance, capital gain, capital gains tax, nouncapital levy, nouncapitation, nouncarryback, nouncarryforward, nouncar tax, nouncash shell, nouncertificate of tax deducted, nounCGT, chargeable, adjectiveCTT, death duties, noundeclare, verbdeficiency notice, delinquent tax certificate, depreciable life, direct tax, noundutiable, adjectiveduty, nounduty-free, adjectiveduty-free, nounenrolled agent, estate tax, nounexcise, nounexemption, nounfiscal year, nounflat-rate, adjectivefree pay, imputed value, income tax, nounincome tax deduction, indirect tax, nouninheritance tax, nouninspector of taxes, nounInternal Revenue Service, nouninvestment tax credit, levy, verblevy, nounmarginal rate, net income, net interest, NIC, nounovertax, verbpay and file, nounpayroll tax, nounpersonal allowance, nounpoll tax, nounpollution credit, port of registry, progressive tax, nounratable, adjectiveratepayer, nounrebate, nounregressive tax, nounrepayment supplement, return, nounrevenue, nounsales tax, nounshell company, short-term gain, stamp, nounstamp duty, nounstandard deduction, surtax, nountariff, nountaxable income, taxation, nountax avoidance, nountax bracket, nountax break, nountax credit, tax-deductible, adjectivetax-deferred, adjectivetax disc, nountax dodge, nountax evasion, nountax exempt, adjectivetax-exempt income, tax exile, nountax haven, nountax inspector, nountaxman, nountaxpayer, nountax relief, nountax return, nountax shelter, nountax year, nountithe, noununderreport, verbunreported income, user fee, nounvalue-added tax, nounVAT, nounwithholding tax, nounzero-rated, adjective
COLLOCATIONS FROM THE ENTRY You qualify for a tax exemption on the loan. The commission granted temporary exemptions.COLLOCATIONS FROM THE CORPUSADJECTIVE
1[countable] an amount of money that you do not have to pay tax on: You qualify for a tax exemption on the loan. The commission granted temporary exemptions.· But certain exemptions would apply within a select and small number of zones.
· Two centuries after Hale's pronouncement, Pollock B. unequivocally expressed his support for the marital rape exemption in similar terms.· Indeed, Wills J. appeared to query the very existence of a marital rape exemption.· Separation is not always the factor which is chosen to delimit the marital rape exemption.
· But some forest landowners were able from time to time to obtain from the Crown a grant of partial exemption from this supervision.· Holders of the honours degree are eligible for partial exemption from the professional examinations for membership of the Institute of Actuaries.
· Florence created the first income tax, complete with personal exemptions and dodges.· The personal exemption was nearly doubled to $ 2, 000 in 1989 and then indexed for inflation.· This time the impact of the tax was softened by large tax-free allowances for personal savers and exemptions for foreigners.· Also affected are the income limits for phasing out benefits of personal exemptions and certain itemized deductions.· Tax is collected only on the income above personal and family exemptions.· Each individual in a household is also allowed a personal exemption of $ 2000.· For example, a married couple with two dependents would be permitted an $ 8000 personal exemption.
· Councillors agreed with the recommendation by Darlington Borough Council not to have special exemptions for disabled drivers.· And there are to be no special exemptions for disabled drivers.
NOUN· The block exemptions are subject to review, since they have expiry dates written in, but no substantial change is imminent.· Similarly, franchise agreements are granted block exemption under Regulation 4087/88.· But this point is already clearly recognized in the legal framework through such elements as the block exemptions.
· As a defence, the Council pleaded an exemption clause printed on the back of the ticket.· An exemption clause may, contrary to appearances, have little or no effect.· Under the Unfair Contract Terms Act 1977 any exemption clauses in the rules must be reasonable.· The 1977 Act places severe curbs upon the effectiveness of exemption clauses of many sorts.· The sellers tried to rely upon the exemption clause.· This means that, even though an exemption clause on its wording apparently provides a defence, it may nevertheless be ineffective.· From this trilogy of cases the modem approach to the interpretation of exemption clauses has emerged.· Now let us turn to exemption clauses and the effect upon them of the provisions of the Unfair Contract Terms Act.
· Establishing such enclaves would inevitably encourage the immigration of larger companies seeking tax exemptions.· This firm is assisting the organization in resolving problems related to its tax exemption.· The result was that the government created a paper blizzard of promissory notes and tax exemptions.· For basic-rate payers, the tax exemption will not compensate for the low rate.· In 1920, Austen Chamberlain transformed the system by allowing tax exemptions to be claimed nomatterhow big the taxpayer's income.· Increased tax exemptions for gifts to museums would also be very helpful.
VERB· Each individual in a household is also allowed a personal exemption of $ 2000.
· To apply for an exemption you should contact your council's Community Charge Registration Officer.· First, ensure that the charging authority correctly applies any exemptions or reliefs to which the property or ratepayer is entitled.
· This leaflet explains who is exempt and how to claim exemption.· However, if an employee claims more than ten exemptions, then it becomes your problem.· But a family planning a wedding reception would be able to claim exemption from import duty.· The employee is free to send along a statement explaining why he has claimed so many exemptions.· When the Casebooks parents did not send their eight children to public schools, they claimed an exemption for religious reasons.
· We have not sought to extend the list of conditions which entitle a sufferer to exemption from prescription charges.
· The Nationalists proposed 20 percent capital gains tax with exemptions they said would limit its impact to 10 percent of investors.
· It is also generally flexible about giving exemptions to Code requirements where appropriate.· Accordingly EZs give firms exemption for ten years from various taxes and duties and offer a simplified planning regime.
· Similarly, franchise agreements are granted block exemption under Regulation 4087/88.· Graduates have also been granted exemptions by the professional bodies in personnel, marketing, banking and insurance.· It has delegated authority under the Consolidated Regulations to grant such exemptions.· Each individual is granted allowances or exemptions that reduce the total amount of income liable to tax.· The Commission can grant an exemption retroactively from the date of notification.
· The House bill contains $ 7 billion in tax credits, including exemptions for employer-paid tuitions and more liberal equipment write-offs.
· A company does not obtain the exemption merely by being dormant.
· Attractive as this option may seem, protective authorisation does not provide firms with exemption from the regulations.· Do religious beliefs provide exemption from liability for child abuse?· Clause 9 provides an interesting exemption clause.
· Some tenants prefer, however, to seek to obtain from the landlord a covenant not to waive the exemption.· Offshore non-trading companies are exempt from corporation tax, but may waive their exemption and pay tax at an agreed rate.
You qualify for a tax exemption on the loan.2[countable, uncountable] permission not to do or pay something that you would normally have to do or payexemption from exemption from customs duties The commission granted temporary exemptions.