What does FOT stand for?

Free of Tax

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

In this situation as long as there is a genuine redundancy you will be able to pay statutory redundancy monies free of tax and National Insurance together with any "compensation for loss of office" you may wish to make as compensation for the employee losing their job up to the pounds 30,000 tax-free limit.

Redundancy and the employers' rights; Kerstie's LAW

Any growth in the trust is considered outside the person's estate and can be left to children or grandchildren free of tax.

Brown poised for new inheritance tax

But if savings are your only or major source of taxable income, you probably won't benefit because building societies and banks can either give your interest free of tax or deduct 20 pc tax - there's no middle ground.

WHO'S ENTITLED TO CLAIM A REBATE