- purchase tax
: a tax imposed in Great Britain upon various commodities at rates graduated according to the degree of luxury or necessity of the particular commodity
* * *Brit.a sales tax on nonessential and luxury goods.[1935-40]
* * *purchase tax nounFormerly, a British form of sales tax levied on specified goods and at differential rates• • •Main Entry: ↑purchase
* * *purchase tax,British. a tax on retail sales of consumer goods, except food, fuel, and books, differing from the American sales tax in that the rate for each class of goods is based inversely on its estimated necessity in daily life: »
It is suggested that the Government should sweep away all direct taxes, including turnover and purchase tax (Sunday Times).
* * *a tax that is added to the price of goods sold to customers
Useful english dictionary. 2012.