verovähennys — meaning in English
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English meaning
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deduction
noun An amount subtracted from a total, such as from wages or taxable income.
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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:
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deduction
(law, finance) A sum withheld from an employee's pay for the purpose of paying tax.
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deduction
A sum that can be removed in tax calculations, usually from the taxable amount; something that is written off.
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exemption
A deduction from the normal amount of taxes.
deduction — full definition
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noun An amount subtracted from a total, such as from wages or taxable income.
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noun A conclusion reached through logical reasoning, moving from general principles to a specific result; also the reasoning process itself.