Theoretical expressions are derived for both the forward current-induced voltage decay (FCVD) and the photovoltage decay (PVD) in a base-dominated back-surface field (BSF) solar cell of arbitrary thickness. The expressions apply to the general case where the effective surface recombination velocity S at the edge of the low-high junction in the base can have any value. If the value of S is taken as infinity, the expressions become applicable to conventional cells with finite base thicknesses. The case of an effective BSF cell in which S = 0 and that of a conventional cell in which S = ∞ are considered in detail. Large errors were found to occur in the values of minority carrier lifetimes τ B when lifetimes in the bases of thin conventional cells were determined by the FCVD method using the formula obtained previously; this formula applies only to thick cells. The difference between the FCVD and the PVD is large for W = ∞ ( W = w/ L B where w is the width of the base and L B is the diffusion length), as shown in previous papers by other workers. As W decreases, the FCVD and the PVD plots become linear, approach each other and are almost identical for W ⩽ 0.5, both for S = 0 and for S = ∞. For S = 0, however, the decay becomes slower as W decreases and the reciprocal of the slope of the FCVD or the PVD plot is equal to the minority carrier lifetime in the base. In contrast, for S = ∞ the voltage decay rate increases rapidly as W decreases, i.e. the FCVD and the PVD plots become steeper; the reciprocal of the slope then becomes equal to τ B/(1 + π 2/4 W 2). For small W the advantage of using PVD rather than FCVD for the determination of τ B disappears. The PVD in both effective BSF and conventional cells after light pulses of very short duration, and of arbitrary duration, is also discussed. It is shown that in a thick base solar cell the PVD after short pulse excitation can conveniently be used to determine the minority carrier lifetime, even if the pulse is of arbitrary duration, provided that 1/α (where α is the absorption coefficient) is larger than L B. However, if the base is thin ( W ⩽ 0.5), the FCVD, the PVD and the PVD after short pulse excitation become almost identical. The method by which the lifetime and the effective surface recombination velocity S can be determined from the observed PVD or FCVD is also discussed for the general case when S is not zero.