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basic rate

British  

noun

  1. the standard or lowest level on a scale of money payable, esp in taxation

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Points will now be accrued at a basic rate of one point per £1 spend, but Lidl says there will be lots of opportunities to earn bonus points.

From BBC • May 10, 2026

"Their equivalent colleague sitting right next to them in England is still a basic rate taxpayer."

From BBC • May 5, 2026

It is more than half a century since a chancellor of the exchequer chose to put up the basic rate of income tax.

From BBC • Nov. 4, 2025

The basic rate of income tax has not been raised since the 1970s.

From BBC • Oct. 24, 2025

These rates vary from about one-third to more than double the basic rate.

From Area Handbook for Romania by Bernier, Donald W.

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