- tax
- {{Roman}}I.{{/Roman}} nounADJECTIVE▪ high, low▪ direct, indirect▪ flat▪ basic-rate, higher-rate (both BrE)▪ progressive, redistributive▪ regressive▪
A regressive tax takes proportionately more of a poor person's income.
▪ stealth (BrE)▪ windfall▪a windfall tax on the profits of the last few years
▪ back (informal)▪The tax office demanded £80 000 in back taxes.
▪ council (BrE), poll (esp. BrE)▪ federal, local, national, state▪ capital, capital gains, death (AmE), dividend (AmE), estate (AmE), income, inheritance, land, payroll, profits, property, social-security, wealth▪ consumption, luxury, purchase (BrE), sales, value added (= VAT) (BrE)▪ personal▪ company (BrE), corporate, corporation▪ car, road (BrE), vehicle▪It's time to renew your car tax.
▪ carbon, energy, fuel, gas (AmE), gasoline (AmE), petrol (BrE)▪ excise, import▪ environmental, greenVERB + TAX▪ pay▪ owe▪ charge, impose, introduce, levy, put▪Direct taxes could only be levied with the consent of Parliament.
▪The government may put an indirect tax on books.
▪ collect▪the government department responsible for collecting taxes
▪ deduct▪Your employer will deduct the tax for you.
▪ calculate▪ increase, put up, raise▪ cut, keep down, lower, reduce▪ abolish, repeal▪ eliminate▪ overpay▪ claim back, reclaim (BrE)▪ offset sth against, set sth off against, write sth off against (all BrE)▪Claims for expenses can be set off against tax.
▪ avoid, escape▪ evade▪She was charged with conspiracy to evade taxes.
TAX + VERB▪ go up, increase, rise▪Taxes look set to rise again.
▪ come/go down, fall▪ be chargeable (BrE), be payable▪the amount on which capital gains tax is payable
TAX + NOUN▪ payer (usually taxpayer)▪a higher-rate tax payer
▪ preparer (AmE)▪ authority/authorities, man (usually taxman) (informal), office▪She owes the taxman £10 000.
▪ law, legislation, measures, package, policy, reform, structure, system▪ season (AmE)▪April is tax season.
▪ year (BrE)▪The tax year begins in April.
▪ cut, reduction▪ hike, increase▪ band (BrE), bracket, code, rate, threshold▪Her salary puts her in the highest tax bracket.
▪ dollars, money, receipts, revenue, yield▪ collection▪ assessment, form, return▪You have to fill in your tax return by tomorrow.
▪ advantage, allowance, benefit, break, concession, credit, exemption, incentive, perks (BrE), rebate, refund, relief, saving▪There are tax advantages to working freelance.
▪You will only receive tax relief on the first $30 000.
▪ deduction▪ affairs, arrangements (both BrE)▪His tax affairs are under investigation by the police.
▪ records▪ preparation (esp. BrE)▪ avoidance▪ loophole▪Her accountant was good at exploiting tax loopholes.
▪ shelter▪ dodge, evasion, fraud▪He gave the Porsche to his mother as a tax dodge.
▪ dodger▪ exile (esp. BrE)▪She is living as a tax exile in Monaco.
▪ haven▪The island is a popular tax haven for the very rich.
▪ assessor (AmE), collector, consultant, inspector (BrE)▪ bill, charge, payment▪ arrears (BrE)▪He was ordered to pay £2 million in tax arrears.
▪ liability▪an increase in tax liability on company cars
▪ burden▪He was criticized for putting a new tax burden on the poor.
▪ base▪By broadening the tax base (= making more people pay tax) the chancellor could raise more revenues.
PREPOSITION▪ after tax, before tax▪Profits after tax were $562 000.
▪ in tax▪Collectively, smokers pay over £15 000 a day in tax.
▪ tax on▪to introduce a 60% tax on alcohol
PHRASES▪ for tax purposes▪He is non-resident for tax purposes.
▪the rules for deciding on someone's residence status for UK tax purposes
▪ the rate of tax▪an increase in the basic rate of tax
▪ inspector of taxes (BrE){{Roman}}II.{{/Roman}}verbADVERB▪ heavily, highly▪Many self-employed people are heavily taxed.
▪goods which are most highly taxed
▪ lightlyPREPOSITION▪ according to▪Drinks would be taxed according to their alcoholic strength.
▪ at▪Many goods were taxed at 17.5%.
▪ on▪You will be taxed on all your income.
Collocations dictionary. 2013.
