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Basic Rate

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia 0.01 sec.
Basic Rate
1. See: Manual Rate.

2. See: Rate of Return.

3. See: Basic Rate of Income Tax.

4. The price for a periodical. Newspapers and magazines have separate basic rates for single issues and for subscriptions. It is more commonly called the basic price.
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In a submission to the Low Pay Commission, the EEF said the national minimum wage should be determined by a formula based on movements in basic rates of pay across the economy.
Call for wages formula by Huddersfield Daily Examiner (Huddersfield, England)
As an example, if you were to invest pounds 50,000, your fund immediately benefits from basic rate tax relief increasing it to pounds 62,500, if you qualify for 40% tax relief your basic rate personal allowance will increase so that you benefit from a further 20% relief, another pounds 12,500.
Pensions pay 14%+ guaranteed for life by The Journal (Newcastle, England)
For a basic rate taxpayer, that is equivalent to a taxable rate of 4.
RECORD money: TAKING INTEREST; Taxpayers are missing out by failing ... by Daily Record (Glasgow, Scotland)
 
 
 
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