Meaning of “employment tax” in the English Dictionary

business-english dictionary

"employment tax" in Business English

See all translations

employment taxnoun [ C or U ]

uk us US TAX

the combination of social security taxes and income tax that a company takes from an employee’s pay and must pay to the government:

The IRS filed a tax lien of $24,297 against the firm for failure to pay employment taxes.

(Definition of “employment tax” from the Cambridge Business English Dictionary © Cambridge University Press)