Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “personal income tax”

personal income tax

noun [C or U]    
TAX a tax paid by people on the money they earn , as opposed to a tax that a company pays on its profits : The government's tax cut reduces personal income tax rates . → Compare corporate income tax, corporation tax
(Definition of personal income tax noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of personal income tax

Word of the Day

prenuptial agreement

an official document signed by two people before they get married that says what will happen to their possessions and/or children if they divorce (= officially stop being married)

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More