tax threshold

Frequency: 6.36.5 per million words

the level of income at which you start to pay tax

thresholdADJECTIVE + threshold

Categories:

tax

Examples (10)

  • The government decided to raise the tax threshold this year.
  • Many low-income families will now fall below the tax threshold.
  • If your income exceeds the tax threshold, you will have to pay income tax.
  • Understanding your personal tax threshold is crucial for financial planning.
  • The new budget proposals include an adjustment to the tax threshold.
  • Different types of income may have different tax thresholds.
  • She was relieved to find her earnings were just under the tax threshold.
  • Campaigners are calling for an increase in the tax threshold to support poorer households.
  • The country's tax threshold is among the highest in the region.
  • You need to calculate your total income to determine if you're above the tax threshold.