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Tax deduction (allowance): what it means

A tax deduction or allowance is income that is not taxed, or an amount that lowers your tax. For example, the UK does not tax income up to the personal allowance each year, and Kazakhstan deducts 30 MCI from each month's pay.

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Related terms

Personal allowance (UK) · MCI (Kazakhstan) · Income tax

This is general information, not legal advice. Check the exact rules with an official source.