Phrases with «tax concessions»

Tax concessions refers to special arrangements or benefits provided by the government that reduce the amount of taxes an individual or business has to pay. It is a way to encourage certain behaviors or support certain industries by offering tax breaks or exemptions. It means that individuals or businesses may pay less in taxes or receive some advantages in the form of deductions, credits, or exemptions. Full definition

Sentences with «tax concessions»

  • For retirement, your super fund gets tax concessions on investment earnings, so you usually save more by investing through super than by investing the same amount outside super. (moneysmart.gov.au)
  • Tax reform is also necessary to provide appropriate tax concessions for organisations which have been established as a result of agreements made under the native title system. (humanrights.gov.au)
  • It will also include income tax concession in this financial year. (policybazaar.com)
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