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词汇 nil-rate
释义 nil-rate
adjective[ before noun ]
 TAXukus
used to describe a level of income on which there is no tax to pay:
Couples can take advantage of the nil-rate tax band to pass on £325,000 without paying inheritance tax.

Examples of nil-rate


nil-rate
They have a nil-rate liability.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
If the nil-rate band is withdrawn in the future, can we have an assurance that the current provisions in relation to the non-corporate distribution rate will also be withdrawn?
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
If the surviving spouse died in a later year when the nil-rate band had reached 350,000, the first 560,000 (160% of 350,000) of the estate would be tax exempt.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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