The phrase "a starting rate of" is correct and usable in written English.
It can be used when discussing the initial amount or level of something, often in the context of salaries, prices, or interest rates.
Example: "The company offers a starting rate of $50,000 for new employees in this position."
Alternatives: "an initial rate of" or "a base rate of".
In contrast, Norwich and Peterborough building society is charging £345 on its two-year tracker mortgage, with a starting rate of 1.44%.
HSBC has a discount mortgage with a starting rate of 0.99% for borrowers who have a 40% deposit, or that much equity in a house that they are remortgaging, and a two-year deal at 1.19%.
While some Paramount ads boast an APR of 7.9percentnt on loans of between £12,501 and £15,000, others advertise a starting rate of 8.9percentnt.
Savings held in ordinary accounts are taxed, with a starting rate of 10% for low earners, but the chancellor said he would scrap that rate so savers with small incomes would be able to earn up to £5,000 in interest without facing a tax charge.
Speaking to the Telegraph, he said Ed Miliband's plans – which include the possible introduction of a starting rate of £30,000 for properties worth more than £3m – would mean "I'd be paying the most colossal tax, which is aimed at foreigners who have apparently come in and bought up all the property in London".
But if Mr Brown decides to raise the threshold for employees' NICs to match that for employers' contributions, he may be tempted to raise the upper earnings limit to pay for it.Besides reforming national insurance, Mr Brown has a manifesto commitment to honour: a starting rate of income tax of 10p in the pound.
"For example, we are looking at giving middle and lower income families a tax cut by introducing a 10p starting rate of tax, paid for by a mansion tax on the wealthiest.
Both hotels have a midweek starting rate of $79 a night. .
McDonald's pays under-18s a minimum starting rate of £4.35 an hour, rising to £5.15 for those aged 18-20 and £6.51 an hour for those aged 21 and over.
Although that is down from a regular starting rate of 375 euros, it comes at a time when some of the city's other top hotels, like the InterContinental, are offering rooms for as low as $180 a night.
Minimum wage to £8, a mansion tax to help get 20,000 nurses in the NHS, a 10p starting rate of tax.
