Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “tax code”

tax code

noun [C]
 
 
TAX in the UK, a set of numbers and letters used by the tax authority to show the amount of income tax that someone should pay, depending on their income and personal situation: The higher the figures in your tax code, the more tax-free income you have.
GOVERNMENT, TAX in the US, the rules of the tax system: The President made the reform of America's complex tax code a major priority.
(Definition of tax code from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of tax code?
Add Cambridge dictionaries to your browser to your website

Word of the Day

cold snap

a short period of cold weather

Word of the Day

Cleavage proves divisive in Cambridge’s words of 2014

by Alastair Horne,
December 19, 2014
​​​​ Other dictionaries may choose faddish novelties as their words of the year, but here at Cambridge, we like to do something different. We look for the words that have seen sudden surges in searches over the course of the year – words that have been baffling users of English and driven them

Read More 

cinderella surgery noun

December 15, 2014
cosmetic surgery to the feet We have all heard of people having nose jobs, boob jobs and liposuction – but now a new trend growing in popularity in America: Cinderella surgery.

Read More