starting rate

British  

noun

1. (in Britain) a rate of income tax below the basic rate

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Example Sentences

Holyrood has control over almost every aspect of income tax in Scotland, with the exception of the starting rate.

From BBC

The brand made a splash when it launched thanks to its eye-popping $100,000 annual membership—a price that makes the current starting rate of $40,000 sound reasonable.

From The Wall Street Journal

The starting rate for NI for employees fell twice in 2024: from 12% to 10%, and then again to 8%.

From BBC

But she maintained that the $80 monthly fee — a discount she was grandfathered into, $40 below the current starting rate of $120 a month — for her is money well spent.

From Los Angeles Times

The starting rate for NI for 27 million employees fell twice in 2024: from 12% to 10%, and then again to 8%.

From BBC