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PAYE

noun [U]
 
 
/ˌpiː.eɪ.waɪˈiː/ UK

Definition

abbreviation for Pay As You Earn: a system for collecting income tax in which a person's tax is taken away and sent to the government by their employer before they are paidTaxation
(Definition of PAYE noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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