tax relief
noun [ U ]
TAX, FINANCE, ACCOUNTING ukusa reduction in the amount of tax that has to be paid:
tax relief on sth Companies can claim tax relief on donations to charity.
qualify/be eligible for tax relief Investors are eligible for 20% tax relief provided they do not touch their investments for 5 years.
mortgage/income/property tax relief In the interests of housing market stability, mortgage tax relief would be cut to 10%.