non-taxable
adjective
(alsonontaxable)uk/ˌnɒnˈtæk.sə.bəl/us/ˌnɑːnˈtæk.sə.bəl/If something is non-taxable, you do not have topaytaxon it:
Thisportionofyourincomeis non-taxable.
Thegovernmentintroduceda new, non-taxableinvestmentaccounttoencouragepeopletosavemore.
The sameitemmay beviewedastaxableor nontaxabledependingon where it waspurchased.
- Theyproposedtobringin a non-taxablebenefitforpeople65 or overlivingathomeandrequiringsocialcare.
- Employees are given amobilephoneby thecompanyas a nontaxableexpense.
- If theestatewerelefttocharityit would be nontaxable.
- Thelistincludesamixtureoftaxableand non-taxablemoneymarketfunds.
Taxation
- amortizable
- anti-dumping
- anti-progressive
- anti-tax
- bedroom tax
- financial year
- fiscal year
- flat tax
- gas tax
- HMRC
- sales tax
- self-assessment
- shelter
- sin tax
- source
- taxpayer
- tithe
- top rate
- vat
- VATable