Money and banking / A2

TAKS/tæks/

Tax is money paid to the government: pay tax, a tax form, price including tax. Fee is often for a service (a visa fee). Fine is a punishment payment. Taxi is a car for hire — mix-up. Do not write tax when you mean taxi, or tacks.

Meaning

Money you pay to the government from pay or shopping.

Examples

• “The price includes tax, so you pay this amount at the till.”
• “The ticket price includes tax, so this is the total.”
• “You may need a tax number on the work contract.”

Good to know

pay tax / including tax. Service cousin: fee. Mix-up: taxi.

Topics

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