What is another word for personal allowance?

Pronunciation: [pˈɜːsənə͡l ɐlˈa͡ʊəns] (IPA)

Personal allowance is a term used to describe the amount of income that an individual can earn before they start paying taxes. It varies depending on the country and the tax laws in place. Some common synonyms for this term include tax-exempt income, tax-free allowance, tax threshold, and tax break. Other terms that are commonly used to refer to personal allowance include tax deduction, tax credit, and tax reduction. Essentially, any term that refers to reducing the amount of tax owed on an individual's income can be used as a synonym for personal allowance. Whatever term is used, it is an important concept to understand for anyone who wants to manage their finances effectively.

What are the hypernyms for Personal allowance?

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

What are the opposite words for personal allowance?

"Personal allowance" is a term used to refer to the amount of money an individual is allocated for their personal expenses within a certain time frame. The opposite of this term can be "financial constraint" or "budgetary limit," which refers to the amount of money an individual cannot exceed in their expenses. In contrast, the antonyms can also be "luxury budget" or "spending leeway," which denotes the amount of money an individual has for their discretionary or luxury expenses. While personal allowance restricts one's spending, luxury budget, and spending leeway allow individuals to spend more on non-essential items or services.

What are the antonyms for Personal allowance?

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