tax-deductible

/ˌtæksdɪˈdʌktɪbl̩/

/-ə-/ adjective TAX, ACCOUNTING

Definition

› tax-deductible costs are subtracted from someone's income and the tax owed is calculated on the remaining amount: All pension contributions are tax deductible. tax-deductible contributions/donations tax-deductible costs/expenses/items

(Definition of tax-deductible adjective from the Cambridge Business English Dictionary © Cambridge University Press)

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“tax-deductible” in other dictionaries

in Spanish

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tax threshold noun
tax verb
tax year noun
tax-advantaged adjective
tax-and-spend adjective
tax-deductible adjective
tax-deferred adjective
tax-efficient adjective
tax-exempt adjective
tax-exempt income noun
tax-favoured adjective

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