tax allowance noun

A sum which is deducted from total income to arrive at taxable income

tax avoidance noun

Steps taken within the law to minimize one's taxable income

tax break noun (informal)

An opportunity legally available for reducing one's tax obligations

tax cart or taxed cart noun (historical)

A light spring-cart (orig paying a lower tax, later none)

tax collector noun

tax credit noun

A sum that may be set against liability for tax

tax-deductˈible adjective

(of expenses, etc) that may be deducted from one's income before it is assessed for tax

tax disc noun

A paper disc displayed on a motor vehicle's windscreen to show that the road tax has been paid for a given period

tax evasion noun

Illegal evasion of payment of tax

tax-exemptˈ adjective

Not liable to taxation

tax exile noun

A person living abroad so as not to pay high taxes

tax farmer noun (esp historical)

A tax gatherer who pays a fixed sum for the right to collect taxes, retaining the revenue as income

tax-freeˈ adjective and adverb

Without payment of tax

tax gatherer noun

tax haven noun

A country or state where taxes are comparatively low

tax holiday noun

A period during which a government makes tax concessions available to business, eg to encourage exports

taxing master noun

An officer of a court of law who examines bills of costs

tax loss noun

A loss that can be offset against taxable future profits

taxˈman noun (informal)

1. A tax collector
2. Tax collectors collectively

taxˈpayer noun

1. A person who pays tax or taxes
2. A person who is liable to taxation
3. A building put up for the express purpose of earning money to pay tax on the land (US)

taxˈ-paying adjective

tax point noun

The date on which value-added tax becomes payable

tax relief noun

The cancelling of part of the income tax due

tax reserve certificate noun

A government receipt for money deposited that may later be used, with certain advantages, for payment of tax

tax return noun

A yearly statement of one's income, from which the amount due in tax is calculated

tax shelter noun

A financial arrangement made in order to pay the minimum taxation

taxˈ-sheltered adjective

1. Of or produced by a tax shelter
2. Of or involving investments legally exempt from tax

tax threshold noun

The level of income at which tax starts to be payable