basic rate tax

It would make more sense for everyone to be entitled to them, but only at basic rate tax.

The basic rate tax is deducted from the interest at source.

Provided the gift is at least £600 it will be regarded as having been paid net of basic rate tax.

If you're getting a purchased life annuity it's probably being paid to you after basic rate tax has been taken off.

Similar to covenant payments, the gift is made net of basic rate tax.

Personal contributions receive basic rate tax relief at source claimed by the provider.

For the majority of personal customers interest is paid net of basic rate tax liability.

Interest is paid to UK residents without further liability to basic rate tax.

For a basic rate tax payer this means they have no tax to pay on a dividend.

Exceptionally, there are one or two types of investment where the money is paid to you gross - without the basic rate tax deducted.

They need to deduct basic rate tax from rental income before they pass it onto you.

Gift Aid donations are regarded as having basic rate tax deducted by the donor.

(Note that this calculation is based on the basic rate tax of 20 per cent)

The rate of interest on the bonds is quoted net of basic rate tax.

In general this payment meant that the recipients of the dividend were considered to have already paid basic rate tax on their dividend income.

As long as the rules of the Gift Aid scheme are met, your club can claim back basic rate tax on donations made by individuals.

You pay basic rate tax in each job because separately each salary is within the basic rate band.

This means that if you are a basic rate tax payer you do not have to pay income tax on the interest you receive.

Without that certificate, the charity cannot obtain the repayment of the basic rate tax and the donor cannot get higher rate relief.

Basic rate tax payers have no further tax to pay as the dividend is deemed to have been received net of 10% tax.

The charity is able to recover the basic rate tax 'deducted' and the donor can, if appropriate, obtain higher rate tax relief on his payment.

Interest is paid quarterly in January, April, July and October; basic rate tax is deducted.

Interest is paid net of basic rate tax and non-taxpayers and investors with unused allowances must reclaim tax.

The scheme requires UK letting agents to deduct basic rate tax from any rent they collect for non-resident landlords.

For most investments on which you are likely to receive interest or dividends, basic rate tax will already have been deducted before the money is paid to you.