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ISDN
(redirected from Basic Rate)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
ISDN
Integrated services digital network Informatics A digital telecommunications line with a data–text, graphics, video and audio–throughput of up to 128 kps. See Internet, Local area network, Modem.


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In a submission to the Low Pay Commission, the EEF said the national minimum wage should be determined by a formula based on movements in basic rates of pay across the economy.
As an example, if you were to invest pounds 50,000, your fund immediately benefits from basic rate tax relief increasing it to pounds 62,500, if you qualify for 40% tax relief your basic rate personal allowance will increase so that you benefit from a further 20% relief, another pounds 12,500.
For a basic rate taxpayer, that is equivalent to a taxable rate of 4.
 
 
 
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