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.
This figure rises to £972m if the UK basic rate increased by two percentage points, with cuts of more than £1bn to the block grant in each of the two following years.
From BBC • Nov. 4, 2025
The basic rate of 20% applies to income between £12,571 and £50,27, while earnings from £50,271 to £125,140 are taxed at the higher rate of 40%.
From BBC • Oct. 24, 2025
A basic rate taxpayer can earn £1,000 in savings interest a year before paying tax.
From BBC • Jul. 10, 2025
Under the current system, savers receive tax relief at the same rate as their income tax - meaning basic rate taxpayers receive relief at 20% and higher rate taxpayers at 40% or 45%.
From BBC • Oct. 21, 2024
The basic rate is US$4.95/month plus connect charges.
From The Online World by De Presno, Odd
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