单词 | basic rate |
释义 | > as lemmasbasic rate basic rate n. (a) a standard rate of pay, before additions are made for overtime, etc. (cf. sense A. 1b above); also, the standard rate charged for a service, before discounts or supplementary charges; (b) a rate of tax, fixed between the lower and higher bands of income tax rates, which is paid by the majority of taxpayers of average income. ΚΠ 1887 J. Popper in Rep. Consuls U.S. XXI. 295 In the case of tobacco..there are four rates of duty, levied in the following order: The original or basic rate, the 60 per cent additional [etc.]. 1895 Rocky Mountain News 21 Feb. 8/3 In this insurance district Colorado pays the highest rate for insurance prevalent in any commonwealth, as the following statement, being the basic rate for mercantile buildings, will show. 1920 Railroad Telegrapher May 558 I was instructed..to present to the United States Railroad Administration..a wage proposition which contemplated the standardization of basic rates of pay. 1967 Economist 4 Nov. 490/1 Ending the welt would make possible higher basic rates of pay. 1980 M. Boddy Building Societies iv. 46 The composite rate [of tax paid by building societies] was set at 79.3 per cent of the basic rate (then 35 per cent). 1983 E. Ward & A. Silver Film Director's Team ii. 22 The golden time which goes into effect after these maximums of twelve and fourteen hours multiplies the basic rate by a factor of two and two-and-one-half, respectively. 1993 Oxf. Dict. Finance (at cited word) If legislation requires the payer of covenants, royalties, annuities, etc., to deduct tax at source it will be deducted at the basic rate. 1995 Which? June 8/4 Several cable companies were consistently 15 per cent cheaper than BT's basic rates. 2004 Guardian 3 Nov. i. 23/1 These schemes..tax income at the basic rate for earners who otherwise would pay 40% tax on savings. < as lemmas |
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