What's the difference between custom and tax?

Custom


Definition:

  • (n.) Frequent repetition of the same act; way of acting common to many; ordinary manner; habitual practice; usage; method of doing or living.
  • (n.) Habitual buying of goods; practice of frequenting, as a shop, manufactory, etc., for making purchases or giving orders; business support.
  • (n.) Long-established practice, considered as unwritten law, and resting for authority on long consent; usage. See Usage, and Prescription.
  • (n.) Familiar aquaintance; familiarity.
  • (v. t.) To make familiar; to accustom.
  • (v. t.) To supply with customers.
  • (v. i.) To have a custom.
  • (n.) The customary toll, tax, or tribute.
  • (n.) Duties or tolls imposed by law on commodities, imported or exported.
  • (v. t.) To pay the customs of.

Example Sentences:

  • (1) However, some contactless transactions are processed offline so may not appear on a customer’s account until after the block has been applied.” It says payments that had been made offline on the day of cancellation may be applied to accounts and would be refunded when the customer identified them; payments made on days after the cancellation will not be taken from an account.
  • (2) But RWE admitted it had often only been able to retain customers with expired contracts by offering them new deals with more favourable conditions.
  • (3) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (4) Ofcom will conduct research, such as mystery shopping, to assess the transparency of contractual information given to customers by providers at the point of sale".
  • (5) It has announced a four-stage programme of reforms that will tackle most of these stubborn and longstanding problems, including Cinderella issues such as how energy companies treat their small business customers.
  • (6) John Lewis’s marketing, advertising and reputation are all built on their promises of good customer services, and it is a large part of what still drives people to their stores despite cheaper online outlets.
  • (7) This technology will provide better information to the surgeon for preoperative diagnosis and planning and for the design of customized implants.
  • (8) Quotes Justin Timberlake: "Even more importantly customers love it … over 20 million listening on iTunes Radio, listened to over a billion songs.
  • (9) He was burnt alive along with three customers as flames from the car set his carpet shop ablaze.
  • (10) Lady Gaga is not the first big music star to make a new album available early to mobile customers.
  • (11) But at least one customer signalled that America's gun lobby might be on the cusp of a moment of introspection.
  • (12) I haven't had to face anyone like the man who threatened to call the police when he decided his card had been cloned after sharing three bottles of wine with his wife, or the drunk woman who became violent and announced that she was a solicitor who was going to get this fucking place shut down – two customers Andrew had to deal with on the same night.
  • (13) TalkTalk said customers should monitor their accounts over the coming months and report anything unusual to Action Fraud.
  • (14) Chadwick felt that Customs and Trading Standards needed to continue their war on illegal tobacco – if not, efforts to tackle smoking could be undermined.
  • (15) The “100% Australian-made” text on packaging has been enlarged to appeal to customer patriotism.
  • (16) Santander's new mortgage range complements this, putting our relationship with our customers at the heart of our business and ensuring they get the right mortgage for them – one they can afford and which meets their needs."
  • (17) Now there is talk of adding a range of ultra-trendy kale chips and kale shakes to the menu as well as encouraging customers to design their own bespoke burger.
  • (18) Nevertheless we know that there will remain a large number of borrowers with payday loans who are struggling to cope with their debts, and it is essential that these customers are signposted to free debt advice.
  • (19) Markets reacted calmly on Friday to the downgrade by Moody's of 16 European and US banks, with share prices steady after the reduction in credit ratings, which can push up the cost of borrowing for banks which they could pass on to customers.
  • (20) We are urgently investigating this incident with our supplier and ask customers to return this product to their local store."

Tax


Definition:

  • (n.) A charge, especially a pecuniary burden which is imposed by authority.
  • (n.) A charge or burden laid upon persons or property for the support of a government.
  • (n.) Especially, the sum laid upon specific things, as upon polls, lands, houses, income, etc.; as, a land tax; a window tax; a tax on carriages, and the like.
  • (n.) A sum imposed or levied upon the members of a society to defray its expenses.
  • (n.) A task exacted from one who is under control; a contribution or service, the rendering of which is imposed upon a subject.
  • (n.) A disagreeable or burdensome duty or charge; as, a heavy tax on time or health.
  • (n.) Charge; censure.
  • (n.) A lesson to be learned; a task.
  • (n.) To subject to the payment of a tax or taxes; to impose a tax upon; to lay a burden upon; especially, to exact money from for the support of government.
  • (n.) To assess, fix, or determine judicially, the amount of; as, to tax the cost of an action in court.
  • (n.) To charge; to accuse; also, to censure; -- often followed by with, rarely by of before an indirect object; as, to tax a man with pride.

Example Sentences:

  • (1) Virtually every developed country has some form of property tax, so the idea that valuing residential property is uniquely difficult, or that it would be widely evaded, is nonsense.
  • (2) Not only do they give employers no reason to turn them into proper jobs, but mini-jobs offer workers little incentive to work more because then they would have to pay tax.
  • (3) Paradoxically, each tax holiday increases the need for the next, because companies start holding ever greater amounts of their tax offshore in the expectation that the next Republican government will announce a new one.
  • (4) But the wounding charge in 2010 has become Brown's creation of a structural hole in the budget, more serious than the cyclical hit which the recession made in tax receipts, at least 4% of GDP.
  • (5) We want to be sure that the country that’s providing all the infrastructure and support to the business is the one that reaps the reward by being able to collect the tax,” he said.
  • (6) Meanwhile, reductions in tax allowances on dividends for company shareholders from £5,000 down to £2,000 represent another dent to the incomes of many business owners.
  • (7) Brown's model, which goes far further than those from any other senior Labour figure, and the modest new income tax powers for Holyrood devised when he was prime minister, edge the party much closer to the quasi-federal plans championed by the Liberal Democrats.
  • (8) Writing in the Observer , Schmidt said his company's accounts were complicated but complied with international taxation treaties that allowed it to pay most of its tax in the United States.
  • (9) "There is a serious risk that a deal will be agreed between rich countries and tax havens that would leave poor countries out in the cold.
  • (10) Photograph: Guardian The research also compiled data covered by a wider definition of tax haven, including onshore jurisdictions such as the US state of Delaware – accused by the Cayman islands of playing "faster and looser" even than offshore jurisdictions – and the Republic of Ireland, which has come under sustained pressure from other EU states to reform its own low-tax, light-tough, regulatory environment.
  • (11) Cameron also used the speech to lambast one of the central announcements in the budget - raising the top rate of tax for people earning more than £150,000 to 50p from next year.
  • (12) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (13) The issue has been raised by an accountant investigating the tax affairs of the duchy – an agricultural, commercial and residential landowner.
  • (14) Proposals to increase the tax on high-earning "non-domiciled" residents in Britain were watered down today, after intense lobbying from the business community.
  • (15) We know that several hundred thousand investors are likely to want to access their pension pots in the first weeks and months after the start of the new tax year.
  • (16) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
  • (17) "The Republic genuinely wishes Northern Ireland well and that includes the 12.5% corporate tax rate," he said.
  • (18) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (19) Gordon Brown believes that the fact of the G20 summit has persuaded many tax havens, such as Switzerland and Liechtenstein, to indicate that they will adopt a more open approach.
  • (20) This includes cutting corporation tax to 20%, the lowest in the G20, and improving our visa arrangements with a new mobile visa service up and running in Beijing and Shanghai and a new 24-hour visa service on offer from next summer.

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