basic rate
Britishnoun
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.
You then pay 20% on earnings between £12,571 and £50,270 - the basic rate - and 40% on anything between £50,271 and £125,140, which is the higher rate.
From BBC • Feb. 17, 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 20% is paid on annual earnings between £12,571 and £50,270.
From BBC • Oct. 10, 2025
A basic rate taxpayer can earn £1,000 in savings interest a year before paying tax.
From BBC • Jul. 10, 2025
It would also permit the President to raise the basic rate from 20% to 25%.
From The Invisible Government by Smoot, Dan
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
