Eisteddfod graduate gets tax in Old English (5)
I believe the answer is:
ovate
'eisteddfod graduate' is the definition.
Both the answer and definition are adjectives. Maybe you can see a link between them that I don't see?
'tax in old english' is the wordplay.
'tax' becomes 'VAT' (UK Value Added Tax).
'in' is an insertion indicator.
'old english' becomes 'OE'.
'vat' put inside 'oe' is 'OVATE'.
'gets' acts as a link.
Can you help me to learn more?
(Other definitions for ovate that I've seen before include "Egg-shaped; Welsh bard" , "applaud enthusiastically?" , "Like Humpty Dumpty" , "Shaped like an egg" , "Egg-shaped - eisteddfodic graduate" .)