tax-favoured
adjective
FINANCE,TAXUK(UStax-favored)ukustax-favouredinvestmentsallowpeopletokeepprofitsup to aparticularlimitwithout having topaytaxon them:
ISAswereessentiallyset up toallowpeopleonlowerincomestosavein a tax-favouredenvironment.
Themeasurewill make iteasierforemployeesandemployerstocontributeto tax-favoredsavingsaccounts.