Meaning & use
undeclared income
Last updated
Meaning
noununcountablefinancebusiness
Money that a person or business receives but does not report to the tax authorities.
Grammar: Used without 'a' or a plural: undeclared income is a serious offence.
Patterns
- undeclared income from something
- have undeclared income
- fail to declare income
The tax office accused him of hiding undeclared income in an overseas account.
She was fined for failing to report undeclared income from her rental property.
Investigators found evidence of undeclared income going back several years.
Common combinations
- undeclared income from
- He had undeclared income from freelance work.
- hide undeclared income
- They tried to hide undeclared income in a foreign bank.
- tax on undeclared income
- The court ordered him to pay tax on the undeclared income.
- reveal undeclared income
- The audit revealed undeclared income of over $50,000.
Synonyms and how they differ
- hidden income
- More general and less technical; it can refer to any income kept secret, not only from tax authorities.
- black money
- Informal and often implies illegal activity; 'undeclared income' is a neutral, factual term used in tax contexts.
Opposites
Word family
- declare verb
- To officially tell the authorities about income or goods.
- declaration noun
- An official statement giving information, especially for tax.
Commonly confused: undeclared income or unreported income?
undeclared income vs unreported income
Very similar, but 'unreported' is broader and can refer to income not reported to any authority, while 'undeclared' specifically means not declared for tax.
Practice
The company was investigated for having __________ income from overseas sales.
Choose one answer.
The adjective 'undeclared' correctly describes income that has not been reported. 'Undeclaring' is not a standard adjective, and 'undeclare'/'undeclares' are verb forms that do not fit before a noun.
Make it your own
Write a sentence using “undeclared income”, then check it and compare it with the examples above.