Basic Rate of Income Tax
In the UK, the basic rate of income tax is 22%. It is the rate than most taxpayers will pay.
It is important to note that this is a marginal tax rate and so is only paid on income above the tax threshold.
The basic rate of income tax has been cut in stages from 33 per cent when the Conservative government took office in 1979 to 23 per cent in 1995 and, after Labour came to power in 1997 to 22 per cent in 2000.
  
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