Apedia

Tax Pay Tæks Income Increase Noun Raise/Cut Government

Word3 tax
WordType (noun)
Phonetic /tæks/ /tæks/
Example
  • to pay your taxes
  • to raise/cut taxes
  • a 20% tax on income
  • to pay over £1 000 in tax
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Content

tax

(noun)/tæks/ /tæks/
  1. money that you have to pay to the government so that it can pay for public services. People pay tax according to their income and businesses pay tax according to their profits. Tax is also often paid on goods and services.
    • SEE ALSO car tax
      https://www.oxfordlearnersdictionaries.com/definition/english/car-tax
    • to pay your taxes
    • to raise/cut taxes
    • a 20% tax on income
    • to pay over £1 000 in tax
    • profits before/after tax
    • tax increases/cuts
    • an increase in tax rates
    • property/corporate tax revenue

    Extra Examples

    • Income tax will be deducted by your employer.
    • Claims for expenses can be set off against tax.
    • Collectively, smokers pay over £15 000 a day in tax.
    • She was charged with conspiracy to evade taxes.
    • Taxes look set to rise again.
    • the government department responsible for collecting taxes
    • an increase in the basic rate of tax
    • introducing a 60% tax on alcohol
    • He was criticized for putting a new tax burden on the poor.
    • By broadening the tax base the chancellor could raise more revenues.
    • He is non-resident for tax purposes.
    • He was ordered to pay $2 million in tax arrears.
    • Her accountant was good at exploiting tax loopholes.
    • Her salary puts her in the highest tax band.
    • His tax affairs are under investigation by the police.
    • The tax office demanded £80 000 in back taxes.
    • There are tax advantages to working freelance.
    • an increase in tax liability on company cars

    Word Origin

    • Middle English (also in the sense ‘estimate or determine the amount of a penalty or damages’): from Old French taxer, from Latin taxare ‘to censure, charge, compute’, perhaps from Greek tassein ‘fix’.
Copyright This card's content is collected from the following dictionaries: Oxford Advanced Learner's Dictionary

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