Meaning of “tax-deductible” in the English Dictionary

(Definition of “tax-deductible” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"tax-deductible" in American English

See all translations

tax-deductibleadjective [ not gradable ]

us /ˈtæks dɪˌdʌk·tə·bəl/

allowed to be subtracted from your income when you calculate your taxes

(Definition of “tax-deductible” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"tax-deductible" in Business English

See all translations


uk /ˌtæksdɪˈdʌktɪbl̩/ us /-ə-/ TAX, ACCOUNTING

tax-deductible costs are subtracted from someone's income and the tax owed is calculated on the remaining amount:

tax-deductible contributions/donations
tax-deductible costs/expenses/items

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

Need a translator?

Translator tool

Get a quick, free translation!