UK Accounting Glossary
A Tax break is a tax concession or advantage permitted by the government.
A tax break is a tax advantage given for a particular activity.
The market started performing well simply as a result of a simple tax break.
Partners in equity firms often benefit from a tax break on their earnings.
You may receive a tax break on capital gains when you sell.
Several groups joined forces to persuade voters to approve an industry wide tax break.
Less than a decade ago, no Tory minister would have dared to threaten the tax break on mortgage interest.
Any advantage that a tax break can achieve, a subsidy is often able to accomplish just as easily.
The effects of a tax break for defence manufacturers may lead to greater militarisation.
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This glossary post was last updated: 4th May 2019.