PAYE
/ˌpiːeɪwaɪˈIː/ noun [U]Definition
› HR, TAX abbreviation for pay as you earn: a system in the UK for collecting income tax in which a person's tax is taken off their pay and sent to the government by their employer: a PAYE code the PAYE systembe on PAYE And if you are on PAYE, you can spread the payments by a change in your tax code.
(Definition of PAYE noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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