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adjective & adverb
(of goods, income, etc.) exempt from tax.[as adjective] ‘a tax-free lump sum’[as adverb] ‘your return is paid to you tax-free’
- ‘That income would be tax-free, as part of a package of introducing a suite of eco-taxes.’
- ‘One of the most attractive elements of the Bahamas is the tax-free status accorded to income.’
- ‘They will be able to accumulate significant tax-free incomes by doing so and help the economy.’
- ‘In future, company employees will be only allowed one tax-free mobile.’
- ‘The cash is tax-free, risk-free and there are no obligations other than following through your idea.’
- ‘Roseman took advantage of the tax-free growth in a registered education savings plan.’
- ‘But you can take only 25 per cent as a tax-free lump sum and the rest has to be taken as pension.’
- ‘You take back a quarter of the new £125,000 contribution as a further tax-free cash lump sum.’
- ‘You can have up to a quarter of the money as a tax-free lump sum.’
- ‘Foreign traders save money because the goods are tax-free while in the zones.’
- ‘A tax code is a way of dividing this tax-free income over the whole year.’
- ‘Elan benefits from a tax-free patent income scheme which allows it to retain earnings.’
- ‘Once your income exceeds this tax-free figure, a series of tax bands then comes into play.’
- ‘These will also grow tax-free and children will have unrestricted access to the funds once they are 18.’
- ‘No credible accountant would recommend clients to buy shares in stallions to reap tax-free income.’
- ‘They can then draw down an annual tax-free forestry premium for twenty years.’
- ‘If this money could be passed on to relatives tax-free, it would find its way back into the economy and benefit everyone.’
- ‘The taxman will allow you to earn up to £4,250 of rental income a year tax-free if you rent out a room in your home.’
- ‘The first tax-free savings certificates appeared during the First World War to raise fighting funds.’
- ‘When the city was declared a tax-free zone, there were equally high expectations.’
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