personal tax relief

基本解释

Were it not for the tax relief they receive, contributors to personal pension plans would have been better off keeping their money under their mattresses.
如果不是有税收减除，与其将钱放到养老金计划里，还不如藏到床垫下面。

Even more irritating, to some, are the recent increase in the top rate of personal-income tax, adjustments to tax relief on pension contributions and a one-off 50% tax on bonuses.
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What this means is that, as part of this relief, employees may donate their vacation, sick or personal leave in exchange for employer cash payments made to qualified tax-exempt organizations providing relief for the victims of Hurricane Sandy .
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