PAYE
- noun
- /ˌpiː.eɪˈiː/
- UK
- Under the PAYE system, employees receive their wages after income tax has been deducted.
I mean, I come back and I'm PAYE and I pay millions in tax and quite doesn't matter as far as I'm concerned.
- I mean, I come back and I'm PAYE and I pay millions in tax and quite doesn't matter as far as I'm concerned.
Examples
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For instance, if the company has less than 10 staff and is in the first 3 years of trading, then how about an exemption on PAYE and NIC, possibly even a VAT deferral for a year or two?
Blog text (31) -
And yes, of course, it was easier to move furthest and fastest with employees because their PAYE details are of course available.
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And they stated in which they were claiming and they did that through the PAYE scheme which is already in place.
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You have tax, PAYE, accounting dates, as well as the different trading vehicles to be looked into.
Blog text (14) -
I mean, I come back and I'm PAYE and I pay millions in tax and quite doesn't matter as far as I'm concerned.
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~ C'est paye ~
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The company takes care of income tax through the PAYE scheme, simplifying payroll processing.
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Every month, my salary is adjusted for PAYE, ensuring the correct tax is withheld before I get paid.
Synonyms
A system that takes income tax from workers' pay before they receive it
Surface Forms
Etymology
PAYE is a short form of Pay As You Earn, a phrase that simply says 'pay as you earn'. So PAYE means your income tax is taken from your wages as you get them, before you receive your pay.