Glossary
Macro & Markets
Tax Relief
Tax relief offers individual and corporate taxpayers the ability to reduce their tax liabilities. Eligible reliefs can also allow for rebates on taxes already paid. Governments create a variety of allowable reliefs on everything from income tax, to pension payments to donations to charities, business expenses (including for business owners using their homes as workplaces), professional subscriptions, vehicle and equipment usage as well as eligible travel expenses.