Meaning of “employment tax” in the English Dictionary


"employment tax" in Business English

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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)