PAYE


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PAYE

abbreviation for Pay As You Earn, a scheme for the collection of income tax chargeable on employment income under which tax is deducted by the employer from payments of salary, etc, to the employee and accounted for to the Inland Revenue.
References in periodicals archive ?
Small business owners told the select committee the subsidy should remain until PAYE process improvements, such as payday reporting of PAYE information, are bedded in.
borrower qualifies for the PAYE Plan and must only pay $250 per month.
FIRST AGAIN would to pay Labour MP Brian Donohoe, speaking in Wednesday's Daily Record for his PS14million PAYE and
The barrister represented Scragg during his trial between March 7 and July 11 last year at Birmingham Crown Court for the pounds 8 million PAYE scam.
RTI will help HMRC link PAYE payments to National Insurance and other deductions at the time the payments are made, rather than having to wait until the end of the tax year.
While the promise to collect the shortfall gradually via PAYE may provide some kind of tonic to a hefty tax bill, it should not disguise the impact it will have on people's personal finances.
It highlights new penalties for late payment of PAYE, to be introduced in May, and key changes to corporation tax filing and payment, which will come in next year.
Your PAYE code tells your employer how much income tax they should deduct from your wages between April 2010 and April 2011.
Clients with an annual PAYE bill of less than $100,000 qualify for a Government subsidy on the cost of processing payroll.
There is no other website offering this service to PAYE workers, many of whom do not like to fill out tax forms because they think they will owe more in tax and the forms themselves are often very confusing.
With all the other headaches of staff, these forms are often forgotten, but must be looked on as great security in case of a PAYE inspection.
With most workers still on PAYE, it collects about pounds 7bn a month in income tax.