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Synonyms and antonyms of Types of tax and taxation in British Thesaurus

Types of tax and taxation

back tax (noun)

tax that you owed at an earlier time but did not pay

capital gains tax (noun)

a tax that you pay on the profit you get from selling property or from money you have invested

capitation (noun)

a tax or payment in which the same amount of money is paid by each person

car tax (noun)

money that you pay to the government so that you can drive your car on the roads

CGT (abbreviation)

British capital gains tax

corporation tax (noun)

British a tax that companies pay on their profits

council tax (noun)

British a tax that you pay to your local council for services such as schools and libraries, based on the value of your house or flat

customs (noun)

the taxes that you pay on goods that you bring into a country

direct tax (noun)

a tax collected directly from a person or organization rather than as part of the price of a product or service

double Irish (noun)

a way of avoiding tax used by some large corporations, which involves moving the company’s income to a country with lower tax rates than the one where it does most of its business. Usually income is transferred to a branch of the company based in Ireland, and from there to another Irish company based in a country where there is no corporation tax.

Dutch sandwich (noun)

a way of avoiding tax used by some large corporations, which is similar to the double Irish, but involves sending income via a third country such as the Netherlands in order to further reduce the tax that has to be paid

duty (noun)

economics a tax that you must pay on something that you buy, or on something that you bring into one country from another country

estate tax (noun)

mainly American inheritance tax

GST (noun)

Goods and Services Tax: a tax that in some countries forms part of the price of some things that you buy

hidden tax (noun)

an indirect tax

income tax (noun)

a tax based on your income that you pay to the government

indirect tax (noun)

a tax on goods and services rather than on income

indirect taxation (noun)

the practice of taxing goods and services rather than income

inheritance tax (noun)

tax that you pay on the money or property that you get from someone who has died

mansion tax (noun)

a tax that has to be paid by anyone who owns or sells a house that is worth a very large amount of money

poll tax (noun)

an amount of money collected as a tax from every adult citizen of a particular country

progressive tax (noun)

a tax system in which people who earn a lot of money pay a larger percentage of their income in tax than people who earn less

property tax (noun)

a tax that you pay based on the value of the land and buildings you own

rates (noun)

a local tax that people in the UK paid before 1990. They now pay a similar tax called the council tax.

regressive tax (noun)

a tax system in which poor people pay a bigger percentage of their income than rich people

road tax (noun)

money that people in the UK must pay if they want to drive their vehicles on public roads

sales tax (noun)

a tax that is added to the basic price of something you buy

stamp duty (noun)

a tax that people in the UK pay on some official documents, especially when they are buying a house

stealth tax (noun)

a hidden and unexpected way of making people pay more money to the government as the result of a new tax or an increase in a particular tax

supertax (noun)

surtax

surtax (noun)

an additional tax on something on which you already pay tax, especially a high income

tariff (noun)

economics a tax that a government charges on goods that enter or leave their country

taxation (noun)

the system that a government uses for collecting money from people in the form of taxes

taxation (noun)

the money that a government collects from people from taxes

tithe (noun)

a tax that people paid to the church in the past

VAT (noun)

value added tax: a tax on goods and services

windfall tax (noun)

an extra amount of tax that the government charges a company that makes a lot of money unexpectedly

withholding tax (noun)

part of a person’s salary that an employer gives to the government as payment of that person’s taxes