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Glossary
An allowance, deduction or relief that reduces the income on which you pay tax, or reduces the tax itself at a set rate.
Relief at the standard rate (20%) is worth 20 euro for every 100 euro of qualifying cost. Relief at the marginal rate is worth up to 40 euro per 100 euro.
Also searched as: relief, reliefs.
Seed definition reviewed 2026-10-28. Editorial verification by a tax-qualified reviewer is required before indexing.