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Meaning of “set sth (off) against sth” in the English Dictionary

"set sth (off) against sth" in Business English

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set sth (off) against sth

phrasal verb with set uk   /set/ us   verb setting, set, set
ACCOUNTING to use or record one thing, especially the cost of something, in order to reduce or remove the effect of another: Costs of new equipment or machinery, such as a computer, can also be set against tax. The rules do not allow surpluses over book value in other parts of the business to be set off against reductions elsewhere.

set sth (off) against sth

phrasal verb with set uk   /set/ us   verb setting, set, set
TAX to say that an amount of money should be considered a cost of your business and that therefore you should not pay tax on it: You can set off anything you spend on computer equipment against tax.
(Definition of set sth (off) against sth from the Cambridge Business English Dictionary © Cambridge University Press)
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“set sth (off) against sth” in Business English

    Avoiding common errors with the word enough.
    Avoiding common errors with the word enough.
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    by Liz Walter Enough is a very common word, but it is easy to make mistakes with it. You need to be careful about its position in a sentence, and the prepositions or verb patterns that come after it. I’ll start with the position of enough in the sentence. When we use it with a noun,

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