higher rate

noun

1. (in Britain) a rate of income tax that is higher than the basic rate and becomes payable on taxable income in excess of a specified limit

Example Sentences

Ian, who died in May, was in poor health at the time and he and Sally qualified for the higher rate of attendance allowance of £110 per week, which made a huge difference to their finances, according to Andrea.

From BBC

There is a higher rate if the buyer already own another property and this would have been due if Farage had purchased the Clacton house himself.

From BBC

However, previous chancellors who have been tempted to change to the higher rate tax relief on pension contributions have not done so.

From BBC

Browsh, of CU–Boulder, noted that the two have long been associated with one another in the American mind, that athletes are religious at a higher rate than members of the general public, that sports are often seen as a clean way to keep young people busy and out of trouble, that “in every single interview, we’d see people thanking God, or going on a knee after a touchdown.”

From Slate

The Daily Telegraph reports Rayner saved £40,000 in stamp duty by not paying the higher rate reserved for additional home purchases.

From BBC