Vocab Bloom Hub

tax write-off

/tæks ˈraɪt ɒf/

1 entry

Word connections

phrase

/tæks ˈraɪt ɒf/B2formalbusiness
  • ruРасходы, которые компания или физическое лицо может законно вычесть из налогооблагаемого дохода, уменьшая сумму налога к уплате. Обычно относится к затратам на ведение бизнеса, инвестиции или соответствующие личные расходы.

An expense that a business or individual can legally deduct from their taxable income, reducing the amount of tax owed. It typically refers to costs incurred for business operations, investments, or qualifying personal expenses.

  1. Tax deductionB2formal

    An expense that can be subtracted from total income to reduce the amount of income tax owed.

    ruНалоговый вычет

    • Donating to charity can be a tax write-off.
    • Business owners often use equipment purchases as a tax write-off.
    • He claimed his home office as a tax write-off.
Vocab Bloom Hub English dataset · 0.3.1

Inherited terms

Vocabulary data from the Vocab Bloom Hub English dataset (CC BY 4.0), https://huggingface.co/datasets/Fristail27/vocab-bloom-hub-en

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