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Từ điển Oxford Learners Wordfinder Dictionary
tax




1 different kinds of tax
2 paying taxes
3 collection of taxes by the government
see also
GOVERNMENT, PAY

1 different kinds of tax
- the money you have to pay to the government so that it can provide public services: tax (noun C/U)
a new tax on fuel How much tax do you pay?
- a tax (in Britain and Europe) which is paid on goods and services which are bought and sold: VAT (value added tax) (noun U)
Does the price of this computer include VAT?
- a tax paid on goods imported into a country: customs duty (noun C/U), import duty (noun C/U)
We had to pay ※£1 000 duty on the car we imported from Germany.
- a tax that you pay on the money that you earn: income tax (noun U)
- a tax (in Britain) that you pay to your local council for local services: council tax (noun U)
- a tax (in Britain) that working people and their employers pay so that the government can help people who are ill, unemployed, retired, etc: National Insurance (noun U)

2 paying taxes
- if sth can be taxed, it is taxable
Only half my income is taxable.
- the amount of tax (%) that has to be paid: rate
In Britain, the higher rate of income tax is 40%.
- if you do not pay tax on sth, it is tax-free, duty-free
I bought these cigarettes at the airport duty-free shop.
- a person who pays tax: taxpayer
- to give information about goods or income on which you have to pay tax: declare sth
You must declare all your income for the year.
- a statement to the government's tax department about your income: tax return
I haven't completed my tax return for this financial year yet.
- money which is taken away from the total amount that you earn is deducted; the amount that is taken away: deduction (from sth)
How much have they deducted for tax? I have very little of my wages left after deductions.
- if you are employed, the main way of paying income tax is by PAYE (Pay As You Earn)
- your income before tax is your pre-tax income
- avoiding paying tax, usually illegally: tax evasion (noun U)

3 collection of taxes by the government
- the system by which a government takes money from people so that it can pay for services: taxation (noun U)
direct/indirect taxation high/low taxation The government promised to reduce taxation but now says it is going to increase it.
- to raise money through taxation: tax sth
Luxury goods are taxed very highly.
- to make a new tax: impose a tax (on sb/sth); noun (U): imposition
Many people have complained about the imposition of VAT on books.
- (in Britain) a government department which collects taxes: the Inland Revenue
- the period of twelve months for which taxes are calculated: financial year
In Britain the financial year begins in April.

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