What is another word for business deduction?

Pronunciation: [bˈɪznəs dɪdˈʌkʃən] (IPA)

As a virtual assistant, I can suggest a few synonyms for the term "business deduction": tax deduction, expense allowance, write-off, tax break, tax exemption, credit, rebate, deduction, write-down, deduction from taxable income, offset, reduction, exemption, and relief. These terms refer to any expense that a business can claim on their tax return, decreasing their taxable income and ultimately the amount of tax they have to pay. Certain expenses like office space rent, equipment purchase, and employee benefits may qualify for these deductions, leading to a significant reduction in a company's tax liability. Having a clear understanding of these terms can help small business owners to manage their finances and reduce tax bills.

Synonyms for Business deduction:

What are the hypernyms for Business deduction?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Business deduction?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

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