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.
Thereafter the party aims to cut the rates by 1p - creating a 19p basic rate, a 39p higher rate and a 44p additional rate.
From BBC ● Mar. 19, 2026
A basic rate taxpayer can earn £1,000 in savings interest a year before paying tax.
From BBC ● Jul. 10, 2025
The chancellor has announced the rate at which CGT is charged will go up, from 10% to 18% for basic rate taxpayers, and 20% to 24% for those who pay at the higher rate.
From BBC ● Oct. 30, 2024
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
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.
