basic-rate tax
Frequency: 7.08.5 per million words
Refers to the standard or lowest rate of income tax.
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Examples (20)
- Most of his income is subject to the basic-rate tax.
- Most employees pay basic-rate tax on their earnings.
- The government plans to lower the basic-rate tax to stimulate the economy.
- The government announced a cut in the basic-rate of tax.
- As a freelancer, she carefully calculates her quarterly payments for the basic-rate tax.
- Individuals earning below a certain threshold are only subject to basic-rate tax.
- If your earnings increase, you might move from paying the basic-rate tax to a higher band.
- She was relieved to find her income fell within the basic-rate tax bracket.
- Many part-time workers pay the basic-rate tax on their earnings.
- A significant portion of the population pays basic-rate tax.
- The personal savings allowance means some people don't pay any basic-rate tax on interest.
- The proposed changes might affect those who pay basic-rate tax disproportionately.
- Historically, the basic-rate tax was much higher than it is today.
- New graduates often start their careers paying basic-rate tax.
- The accountant explained how the basic-rate tax is calculated on dividends.
- The accountant explained how basic-rate tax is calculated.
- Next year's budget includes no changes to the current basic-rate tax.
- He questioned why such a high percentage of his salary went to basic-rate tax.
- Understanding the threshold for basic-rate tax is crucial for financial planning.
- Understanding the basic-rate tax system is crucial for financial planning.