Pay as you earn (PAYE) | Practical Law
Pay as you earn (PAYE)
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Pay as you earn (PAYE)
Practical Law UK Glossary 4-200-3405
(Approx. 4 pages)
Glossary
Pay as you earn (PAYE)
A system under which employers deduct income tax and employee's
National Insurance contributions
(NICs) from the employee's gross salary and pay them (together with the employer's NICs) to
HM Revenue & Customs
. For more information, see
Practice note, Pay as you earn (PAYE)
.