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1The process of freeing or state of being free from an obligation or liability imposed on others.‘exemption from prescription charges’‘regulatory exemptions’
immunity, exception, dispensation, indemnity, exclusion, freedom, release, relief, absolution, exonerationView synonyms
- ‘That's not to mention its exemption from the London congestion charge and road tax.’
- ‘It would probably have led on to granting Catholics exemption from tithes and the authority of Anglican courts.’
- ‘Its enthusiastic reception earned Rossini exemption from military service.’
- ‘Routinely, the request for exemption from the law is rubber-stamped and the ad goes ahead.’
- ‘There is no special exemption from English law for health professionals.’
- ‘The most important of these was exemption from the Grand Coutume, the export tax imposed on ships sailing from Bordeaux.’
- ‘Benefits that would be denied include exemption from a requirement to have a separate work visa.’
- ‘In my judgment, the rule is that exemption from the rigors of war is in the control of the Executive.’
- ‘If they get exemption from rent control law, their income would increase several times.’
- ‘The exemption from capital gains tax only came into play if shares held in PEPs actually went up in value.’
- ‘They cannot claim income tax exemption from the money they earn from doing live concerts.’
- ‘Can we justify this exemption from standards by saying that it leads to a larger good?’
- ‘I propose to grant full exemption from tax to the income of this Trust.’
- ‘I also grant him exemption from the two-year practical experience requirement.’
- ‘There are good reasons why thousands of companies will seek exemption from having an audit from July onwards.’
- ‘The industry's block exemption from normal competition rules expires in September 2002.’
- ‘No continent, to our great shame, can claim exemption from such brutalities.’
- ‘Woodland enjoys several tax breaks, including exemption from inheritance tax after two years.’
- ‘The maximum period of exemption from paying the minimum wage is one year and the minimum is three months.’
- ‘Noble, bourgeois, and peasant alike associated status with exemption from public demands.’
- 1.1also personal exemption The process of exempting a person from paying taxes on a specified amount of income for themselves and their dependents.
- ‘A mismatch may signal that a taxpayer is trying to take a personal exemption for a fictional spouse or claim a bogus refund.’
- ‘The mismatches could present a problem for taxpayers seeking to claim a personal exemption or the earned income tax credit.’
- ‘Fearing a popular outcry, the Tories have coupled the introduction of the flat tax with an increase in the amount of income that is deemed a personal exemption and hence tax free.’
- ‘He notes today that if the standard personal exemption had kept up with inflation since 1948, it would be $12,941 today.’
- ‘Deducting your CGT personal exemption of £8,200 will leave you £6,800 to be taxed on.’
- ‘After subtracting the personal exemption, the standard deduction and assuming no tax credits, then applying the 10% rate of the lowest bracket, the person ends up paying a little less than 4% of income in taxes.’
- ‘The personal exemption credit increases for single, married filing separately, or head of household taxpayers from $82 to $85 and for married or surviving spouses from $164 to $170.’
- ‘For 2001, the amount of the dependent exemption is $2,900 per child, the same amount as your personal exemption.’
- ‘When first enacted, the income tax provided a personal exemption of $4,000 for a married couple, an amount almost 12 times the average income of married couples then.’
- ‘Restore the inheritance tax above the $5 million level, and undo the cuts in the top brackets, to pay for a big increase in the personal exemption.’
- 1.2US An item or amount exempted.‘a series of exemptions from the partnership tax rules’
- ‘Make sure you type in exemptions, not dependents, or the program won't work, Burlison says.’
- ‘The new law defines a child for purposes of the dependency exemption as a natural or adopted child, a stepchild, or an eligible foster child.’
- ‘Epps says by changing her exemptions from three to two, she could get more of her money now instead of later.’
- ‘If you claim too many exemptions, you could end up with a big, ugly tax bill in April.’
- ‘The custodial parent agrees not to claim the exemption for the child by signing this form or a similar statement.’
Late Middle English: from Old French, or from Latin exemptio(n-), from eximere ‘take out, free’.
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