Higher rate

Tax - Income Tax.

A higher rate of income tax is a rate payable at relatively higher percentages, on higher levels of taxable income, compared with basic rate tax.

The charging of higher rates on higher levels of taxable income is generally part of a tax regime designed to be progressive.

See also

• Basic rate
• Cliff edge
• Income Tax
• Progressive
• Regime
• Regressive
• Rule
• Tax