verovähennys — meaning in English

English meaning

• deduction noun An amount subtracted from a total, such as from wages or taxable income.
• exemption noun The state of being freed from a duty, rule, or payment that would otherwise apply.

Senses

verovähennys is used for these senses in English:

• deduction (law, finance) A sum withheld from an employee's pay for the purpose of paying tax.
• deduction A sum that can be removed in tax calculations, usually from the taxable amount; something that is written off.
• exemption A deduction from the normal amount of taxes.

deduction — full definition

1. noun An amount subtracted from a total, such as from wages or taxable income.
2. noun A conclusion reached through logical reasoning, moving from general principles to a specific result; also the reasoning process itself.

Related Finnish words