der Freibetrag
Translation
allowance, tax-free amount, exemption
Examples
Der steuerliche Freibetrag wurde erhöht.
The tax allowance has been increased.
Es gibt einen Freibetrag für Kinder.
There is an allowance for children.
Grammar Patterns
tax allowance tax allowance The tax allowance has been increased.
Similar Words
Pauschbetrag (lump sum), Abzug (deduction)
Etymology
From 'frei' (free) + 'Betrag' (amount). An amount that is 'free' from tax.
Memory Tips
Think of an 'amount' (Betrag) of money that is 'free' (frei) from being taxed.