Definition
a tax deduction: a decrease in the amount of tax to be paid to the government
People can receive tax deductions if they get married, give to charity, have children, etc.
- "Cost-cutting! Tax deductions! Balancing the budget!"
Still unsure of the best way to use 'Tax deduction'? Improve your English thanks to our online English lessons. We offer a free test as well as a free level assessment!
What our users say:
Test your English with Gymglish today and get a free level assessment
Absolutely free - no strings attached.