Example sentences of "[vb pp] [prep] the basic rate " in BNC.
Next page| No | Sentence |
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| 1 | Relief is given for the basic rate of tax and the additional rate of tax which was paid on the income ( TA 1988 , s677(2) ( h ) ) and also to prevent other duplications of tax liabilities . |
| 2 | The trustees ' expenses and proper management fees , therefore , are paid out of the income of the trust taxed at the basic rate , and no relief can be claimed by the trustees or beneficiaries in respect thereof . |
| 3 | The gain may be taxed at the basic rate of income tax therefore or at the higher rate . |
| 4 | They therefore receive an imputed tax credit evaluated at the basic rate of personal tax ( currently 25 per cent ) . |
| 5 | The spot rate is also known as the basic rate or telegraphic transfer rate . |
| 6 | Tax-rates were cut , reliefs reduced or abolished and the £30,000 ceiling for mortgage relief has been frozen while relief is now restricted to the basic rate . |
| 7 | Also , as you probably know , mortgage interest relief is no longer allowed for higher rate tax but is now restricted to the basic rate of 25 per cent — so the savings are smaller than before for those in a high income bracket . |
| 8 | Tax relief on mortgage interest payments is now restricted to the basic rate of income tax ; all higher rate relief was withdrawn in the 1991 Budget . |
| 9 | The recovery programme was to be paid for by reversing the tax gains made by the top 5 per cent of earners under the Conservatives , although specific details were not published , and by reversing the 2p cut in the basic rate of income tax proposed in the 1987 Conservative Budget . |
| 10 | The maximum ACT offset is limited to the amount of tax that would have been payable on the profits assuming they had been charged at the basic rate of tax ( s 239(2) ) . |
| 11 | " Excess liability " means the excess of liability to income tax over what it would be if all income tax not chargeable at the lower rate were charged at the basic rate to the exclusion of any higher rate . |
| 12 | Tax on the remaining £1,640 should have been charged at the basic rate of 25 per cent , which would make your tax bill £410 . |
| 13 | If your parent has savings invested with a local authority , from which tax is deducted at the basic rate , she can only get some of this tax back if the tax , together with any other tax that is paid ( e.g. under Pay As Your Earn ) , comes to more than the proper tax on her total income . |
| 14 | Normally if tax is paid under Pay As You Earn , the tax deducted at the basic rate will be correct . |
| 15 | This operates in the same way as the MIRAS scheme for mortgages , with relief given at the basic rate by deduction at source . |
| 16 | If unavoidable delays do occur the operative should be paid at the basic rate and the hours excluded from bonus calculations . |
| 17 | While there is no longer any premium relief on new life policies , higher rate taxpayers or people expecting to become so in the future , qualifying policies allow them to obtain a ‘ tax-free ’ lump sum when the policy matures although tax is paid at the basic rate on the fund by the life assurer . |