English to Arabic translations [PRO] Marketing - Law: Taxation & Customs / Taxation | | English term or phrase: "Tax Offset" | It comes in the sentence: Although Age Pension is a taxable payment, most pensioners don't pay tax because of the Senior Australian's Tax Offset.
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| | التعويض الضريبي | Explanation: Pronounced AL-TA"WEEDH AL-DHAREEBIYY
After looking at a number of Australian websites, this tax offset sounds like a government subsidy to help senior citizens with the burden of taxation, without actually making them tax exempt. Although they are required to file tax returns (and even report their measly pensions), the government comes in from the other end and offsets their payments.
Fuad |
| Selected response from: Fuad Yahya
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