collocations.org

Collocations for tax - noun

ADJ.

high, low | direct, indirect | basic, basic-rate, higher-rate | progressive, redistributive | regressive
A regressive tax, like the poll tax, takes proportionately more of a poor person''s income.
windfall
The privatized utility companies may be faced with a windfall tax on the profits of the last few years.
back
(informal) The tax office demanded £80,000 in back taxes.
council, poll | capital, capital gains, income, inheritance, land, profits, property, savings, wealth | consumption, purchase, sales, value added
(= VAT)
capital transfer, investment | company, corporation | car, road, vehicle
It''s time to renew your car tax.
carbon, energy, fuel, petrol | excise, import

VERB + TAX

pay | impose, introduce, levy, put
Direct taxes could only be levied with the consent of Parliament. | The government may put an indirect tax on books.
collect
the government department responsible for collecting taxes
deduct
Your employer will deduct the tax for you.
increase, put up, raise | cut, lower, reduce | abolish | overpay | reclaim | offset sth against, set/write sth off against
Claims for expenses can be set off against tax.
avoid, escape | evade
She was charged with conspiracy to evade taxes.

TAX + VERB

go up, increase, rise
Taxes look set to rise again.
come/go down, fall | be chargeable, be payable
the amount on which capital gains tax is payable

TAX + NOUN

payer (also ‘taxpayer’)
a higher-rate tax payer
authority/authorities, office, man (also ‘taxman’)
(informal) She owes the taxman £10,000.
law, legislation, measures, policy, reform, structure, system | period, year
The tax year begins in April.
cut, increase | band, bracket, rate, threshold
Her salary puts her in the highest tax band.
revenue, yield | assessment, form, return
You have to fill in your tax return by tomorrow.
advantage, allowance, benefit, break, concession, credit, exemption, incentive, perks, rebate, refund, relief
There are tax advantages to working freelance. | You will only receive tax relief on the first £30,000.
affairs, arrangements
His tax affairs are under investigation by the police.
avoidance | loophole
Her accountant was good at exploiting tax loopholes.
dodge, evasion, fraud
He gave the Porsche to his mother as a tax dodge.
dodger | exile
She is living as a tax exile in Monaco.
haven
The island is a popular tax haven for the very rich.
collector, consultant, inspector | bill, charge, invoice, payment | arrears
He was ordered to pay $2 million in tax arrears.
liability
an increase in tax liability on company cars
burden
putting a new tax burden on the middle classes
base
By broadening the tax base (= making more people pay tax) the chancellor could raise more revenues.

PREP.

after/before ~
Profits after tax were £262,000.
in ~
Collectively, smokers pay over £15,000 a day in tax.
~ on
introducing a 60% tax on alcohol

PHRASES

for tax purposes
the rules for deciding on someone''s residence status for UK tax purposes
(the basic/higher) rate of tax
an increase in the basic rate of tax

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