personal tax Sentence Examples
- Individuals must pay personal tax based on their income and deductions.
- High personal tax rates can discourage economic growth and investment.
- Taxpayers are responsible for calculating and paying their personal tax on time.
- The personal tax system is designed to redistribute wealth and provide social safety nets.
- The personal tax bracket determines the amount of tax owed based on income level.
- Governments use personal tax revenues to fund public services, infrastructure, and social programs.
- Taxpayers can choose to itemize deductions or claim the standard deduction for personal tax purposes.
- Tax credits reduce the amount of personal tax owed, while deductions lower taxable income.
- Self-employed individuals must pay both personal tax and self-employment tax.
- Personal tax is a major source of revenue for governments around the world.
personal tax Meaning
personal tax
direct tax
Synonyms & Antonyms of personal tax
Synonyms:
Synonyms:
FAQs About the word personal tax
direct tax
income tax,direct tax, poll tax, property tax, single tax, tax, tribute, hidden tax, levy, value-added tax
No antonyms found.
Individuals must pay personal tax based on their income and deductions.
High personal tax rates can discourage economic growth and investment.
Taxpayers are responsible for calculating and paying their personal tax on time.
The personal tax system is designed to redistribute wealth and provide social safety nets.
