Example sentences of "[noun] [verb] [prep] the basic rate " in BNC.
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| 1 | 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 . |
| 2 | Normally if tax is paid under Pay As You Earn , the tax deducted at the basic rate will be correct . |
| 3 | They therefore receive an imputed tax credit evaluated at the basic rate of personal tax ( currently 25 per cent ) . |
| 4 | This operates in the same way as the MIRAS scheme for mortgages , with relief given at the basic rate by deduction at source . |
| 5 | 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 . |